2025-1-1
Still in a downtrend, still not going long.
😀
Newbies should avoid chasing pumps in this market. It's very easy to chase highs, especially with altcoins.
🤬
It's the 12th day of holding a BTC contract without positions.
I mentioned last week that Xu Guoren would place a buy order at the previous low of 92500, leading to a slight rebound last night.
This was due to short-term profit-taking from the buy order, with nothing substantial behind it. Although I knew this trade would yield a bit of profit, I did not participate. For this 3% fluctuation, which is about 3500 points of profit, it's not worth my time sitting by the computer.
So I'll leave the rest to the market, continuing to place orders below 86000 at 85283 for execution. The 1-hour cycle does show some bullish momentum, but the moving averages are still bearish, and the 4-hour chart shows a systematic bearish arrangement. I won't place any long orders; I'm only looking to catch spikes with my orders!
As for the future market, who knows! The market is uncertain.
These past few days have been so boring, just playing around, trading one or two coins each day.
