What's going on with ETH? It has already broken through the previous high, why is it coming down? Too many long positions, leading to a liquidation by the whales? Binance's long-short ratio is too high?
Reset, made a basic mistake, opened long positions when the trend was bearish, and continually bought low, resulting in heavier positions. In the last wave of price rise, it exploded. In the last opportunity, still held onto a glimmer of hope, waiting for long positions to break even, when I should have immediately cut losses.
This kind of market is indeed not suitable for beginners, always thinking that only in such volatile markets can one make money, overthinking, and getting hammered by the market.
Just mentioned in the morning, under the empty trend, small positions long, heavy positions short, but couldn't resist, kept adding as it fell, and almost got liquidated.
At this time, one should not go long, it's too greedy.
Damn, just when it was rising to 84660 and it really seemed like there would be a violent rebound, he started dumping. I exited before breaking even. It's really just playing with your mindset, knowing what you're thinking. I would have made a profit waiting until 83800. Experience +1
Once again unable to resist opening a short position around 82500, clearly expected to short near 840-845-850, instead putting myself on the grill.
Expected to first rise and then short, or first fall and then long, worried about not reaching the expected position while watching it move sideways, just like I expected it could reach 80900, but in reality, it hit 81400 and then started to rebound, making me anxious, and I opened at 50x leverage, fortunately not 100x, otherwise I would have been liquidated, while reminding myself never to open at 100x in future trades.
Really feel like a gambler, like those who play mahjong online or bet on football, sitting in the car, watching the rise and fall, and not wanting others to know.
81800 in, 82700 out, this position is quite confusing, it feels like the possibility of going up is relatively high, after all, it follows the US stock market, but many people are bearish.
Will the US stock market open lower today and then rise, causing Bitcoin to follow suit? What will the trend be like? Can any experts provide some guidance?
Record it, with the cooling mat shorts, when the empty BTC and SOL look bad, cut losses in time, and when it rises later, the high-position shorts also count as breaking even. Originally placed at 83800, around 4 o'clock I closed positions at about 85800, didn't hold on, but it's okay, the situation was a bit chaotic at night. In the morning, I saw that BTC should have a rebound from overselling, opened a long at 82500, let's see first.
I don't quite understand, the cooling mat itself would see a wave of rise, why place the shorts so early.