Lingsha_btc

Is it still worth shorting now?

Is it still worth shorting now?

Add 200 yuan to the position every day, wait until it reaches 100 and then relax. Currently holding 36.1 coins, a long wait for BNB to reach 10,000 dollars😍

Don't say I didn't tell you, there are big players entering ETH!

While retail investors are struggling with the price drops every day, the total open interest for ETH contracts across the network has already surpassed the historical high, reaching 10 million ETH. It looks like big players are continuously accumulating in the process of the drop to gather chips from retail investors.

In terms of spot trading, the trading volume of ETH on Binance has already exceeded that of BTC, which is very rare, as the market cap of ETH is still less than 20% of Bitcoin's. However, the trading volume has surpassed, indicating that many people are buying ETH.

ETH has been consolidating at the bottom for almost a month, and a full-scale rebound shouldn't be too far off. Any short-term pullbacks are good buying opportunities. I believe that when ETH really starts to rise, it will be very strong because most people are stuck at prices above 3000 and are unwilling to sell at a loss. Currently, those who are not selling are diamond hands, while weak hands have already been shaken out. Therefore, at least until ETH rebounds to 3000, there shouldn't be too much selling pressure.

On the other hand, for Bitcoin, most people's chips are around 90,000 this year. Now BTC is at 85,000, and with just a 10% rise, many people will break even. I think the upward potential is far less than that of ETH.

No matter which side, it's almost time for settlement.

Talk about the next steps

First, for spot trading, if you entered the market during a bull market, I advise you not to invest too much. I bought spot assets in 2023, including Bitcoin, Ethereum, Dogecoin, and some altcoins like Pepe. After waiting for more than a year, during the second half of 2024's bull market, I mainly sold my spots. Only when the market dropped significantly around February 3, 2025, did I buy some more spot assets. Currently, I have sold 30% of my holdings and still hold 70% of my spots. I expect there will be one last wave in 2025, with Bitcoin possibly reaching between 130,000 to 150,000, but I won't buy large amounts of spot assets anymore. I will buy a little when prices drop and sell some when they rise, maintaining an overall ratio of USDT to spot assets around 1:1. If Bitcoin exceeds 120,000 in 2025, I will stop buying and continue to offload until I sell all my spots.

Why do I do this? My real profit actually comes from the spot assets I held in 2023. To be honest, trading during the current bull market isn’t very profitable. I calculated that since I started trading after Trump’s election victory, my overall profit is only about 40%, but the spot assets I held from 2023 have multiplied my principal by 12 times. This means that even if all my current spot assets went to zero, I would still have made a significant profit. Additionally, trading spot assets at high prices carries the risk of being stuck, which can lead to a loss of profits, and possibly no profits at all.

As for contracts, first of all, I won’t invest large amounts of money. I treat it as an appetizer, playing with it when I have spare time. During a bull market, I only go long and do not short. Moreover, I won’t operate frequently; I only go long when the price drops significantly. However, many people still end up losing money for several reasons. One is that the cryptocurrency market is highly volatile, and when trading contracts, you must use stop losses. I found that if the stop loss is too tight, even if you predict the direction correctly, you can still get stopped out. If the stop loss is too loose, the direction may actually reverse, making it very difficult to trade. Anyway, contracts are something you can play with using small amounts of money; if you lose, that’s it, and if you make a profit, you can just enjoy it. If you want to rely on contracts for profit, you need exceptional skills, market intuition, and good luck, along with a significant investment of time. I don’t have that much energy to deal with this stuff.

I have been struggling in the cryptocurrency field for a full ten years. In the first three years, I personally reduced the principal of 2 million to less than 600,000. This painful loss almost plunged my whole family into a deep abyss of despair. During that time, I stayed at home for nearly two months, isolated from the world, while the frequent arguments among family members only added to the misery. Fortunately, with my indomitable will, I firmly believed that I could turn everything around. In the fourth year, I resolutely resigned from my job and decided to use the remaining 600,000 as a bet, fully committing myself to cryptocurrency trading. I made a solemn vow to my husband, promising to turn the situation around, or I would willingly accept all consequences. Since then, I devoted myself wholeheartedly to learning and practicing, deeply reflecting on past mistakes and operational oversights. I carefully observed and learned from the investment strategies and techniques of those experienced in the crypto space, gradually finding my own trading approach. After relentless efforts, my account finally began to turn losses into profits. The hardships and difficulties along the way, from losses to gains, are known only to myself. I began to adopt a combined strategy of medium and short-term operations, abandoning the previous blind quick in-and-out approach, and instead formulated a detailed plan for the account. I firmly believe that combining medium and short-term strategies is the best way to achieve stable asset appreciation. Thus, with wisdom and perseverance, I gradually accumulated from that initial 600,000, and now my account balance has soared to over 55.7 million. #BNBChainMeme craze #BNB持续上涨

I have no money left. I uninstalled and stopped playing.

#ETH走势分析 It seems that the pattern is not there, and the heartbeat is playing every day 💓