The market has been oscillating at a high level for a long time. I believe many traders shorting are often getting stopped out and not making significant profits. Those who shorted at 83-86 are also close to giving up. First, congratulations to those who started from 7 and have captured the whole trend of over 20000+. Don't be discouraged, friends at the 🈳head.
Back to the market: This position is very close to the last highest point, which is 96500. Perhaps within the next 3-5 days, market makers will spike up to wipe out all the shorts that have set stop losses here. If there is sufficient capital, it may rise above 97 to acquire liquidity. It won't hold steady before we see a large-scale pullback.
Btc opening suggestion: Short at 96444, add position at 96800, add position at 97200.
Opening thoughts: Currently, there has been a rebound of over 20k from the low of 74-95. Chasing long positions here is obviously irrational. Even the lucky longs at (905, 918, 92, 93) should not be placed. If you want to sip some soup, it may cost you your life. Once there is a large-scale pullback, your assets may severely shrink or even lead to liquidation.
If you don't understand the market, don't trade. The market will always be there. Observe more and act less. Don't be greedy or impatient. Contentment brings happiness. If you have chips in hand, there will always be opportunities.
Finally, let me share my lucky little cat. Unfortunately, Binance does not support GIFs.
$BTC It's been a while since I posted an update, no more nonsense Big pancake 855 watershed Stand firm at 855 and go up (take profit above 86, reduce position False breakout will require a pullback (take profit at 843 For those who haven't opened a position, enjoy your weekend Even if the direction is upward on Monday, there will still be a need for a spike; it won't be too late to open long then.
At the location $BTC 88300, there are 300 bitcoins. It feels like it's meant to lure shorts, but I'm still betting on a slight pullback at the opening of the US stock market. I'll go long at approximately the same position, trusting my intuition, with a small stop loss of 300 points.
$BTC bnb has been declining for a day The past insight is that when bnb falls, funds flee and the market won't be good The market fluctuated within 1000 points over the weekend It was indeed boring During these two days, the market has been struggling around 86, which naturally also involves the retail traders' long positions. Personally, I interpret this as a baiting behavior. The market performance is really poor, and there is a gap at 90 above. I personally believe it will fall first and then rise on Monday. So, during these days, it's best to look for a high point to short first. My personal short position is at 873, with a stop loss at 875 and 878, giving a very high risk-reward ratio. On the downside, the take-profit levels are 845, 825, and 815 in batches.
$BTC I fell asleep watching the market last night and got liquidated for 1500u Woke up this morning feeling frustrated, but I made a strong comeback today 😹
Alright, let's discuss today's strategy
Around 7 PM tonight, on-chain data detected that BlackRock has transferred coins to the exchange again The last time BlackRock transferred coins to the exchange, the market dropped by 8000 USD. Such a clear transfer may not necessarily mean a market crash Personally, I am bullish tonight; the tactics of the manipulators are often against human nature So, thinking in reverse
Tonight's personal operations are at your own risk
After the US stock market opens, if the market quickly declines, enter long above 855 with a stop loss of 3-500 points. Take profit at your discretion For example: If there are no large fluctuations after the US stock market opens, and the market rises or falls slowly, I do not recommend trading.
$ETH has closed the position because it reached the pressure point. The market changes rapidly, and this does not mean a lack of confidence. Money in hand is what matters. I will not feel regret for missing out. Life does not cry over spilled milk. Preparing for a high position at 2880-2900.
$BTC $pi I saw someone bought pi coins in the square and they were cut in half. When I first entered the coin circle, my friend was crazy about this coin. I remember that he had more than 3,000 in mining. The pyramid scheme coin is online. I really want to tell him that the expectation has landed, but we both have lost our WeChat accounts. Wish you well
$BTC has rebounded more than 4000 points from the low of 93 the day before yesterday, which is already a considerable rebound space. To make a long story short, currently short at 97, with 975-978 as the target, stop loss at 983 for 500 points. Take profit based on the support situation at 96 below. If there is no effective support, look at 955. Opportunities are reserved for those who are prepared. Do not open positions blindly; the principal is the most important.