Long positions were almost closed for slight profits. Although some altcoins are bullish in the medium term, there is no need to build positions at this stage. The focus will be on short positions moving forward. Bal should not open so many positions; if opportunities arise later, positions will be reduced.
April 9 Market Analysis The market continues, likely consolidating at the bottom for a day. We'll watch the U.S. stock market tonight; tomorrow, Thursday, is another big day. Those familiar with the old coin circle know that too many black swan events happen on Thursdays and Fridays. Today's operation is to close out trapped trades and take profits, then make 1-2 swing trades in Bitcoin, strictly controlling the position size, and not opening altcoin positions.
The US stock market shows signs of rebound, and the cryptocurrency market is likely to follow suit, but I still maintain a bearish outlook. The short position has already taken profit, and I will build a short position above 80,000. It's a bit regrettable that the 30K level has not been broken.
Comfortable, took advantage of the news to short and made 6000u, this type of token will continue to decline. However, take it easy to prevent a spike upwards.
Made a profit of 5000u in the morning and forgot to take profit, ended up losing 5000u. Now I'm neither making nor losing, sigh, the greed in my heart is so unpleasant.
April 8 Currently, there are no clear signs of a reversal. Shorting at highs remains a clear strategy, but given the high volatility, a small position is essential. Even for taking profits, a maximum of 2 Bitcoin positions and 40 Ethereum positions for swing trading should be opened, with a stop-loss at a 50% cut. Remember 1. Do not short altcoins with large positions 2. Look for opportunities to switch BTC shorts to ETH 3. Pay attention to your position size!!!
The Americans manipulate the cryptocurrency market entirely through fake news. Trump relied on fake news twice; this time it's even more impressive, with fake news generating 200 million dollars. Currently, there are too many black swan events, both for those going long and those going short, making it difficult to hold positions long-term.
April 7th Diary 1. Short on the rebound, do not hold long positions 2. Exit fun with slight profit, do not pay attention to this meme coin and do not open positions. 3. Build position at the bottom of tut.