There is something interesting to watch tonight. Can you hold a short position and not trade first? Otherwise, you will not be able to bear the ups and downs. Tonight at 20:30, the CPI data will be released. Tomorrow at 2:00 am, the Federal Reserve's interest rate decision will be released. Tomorrow at 2:30 am, Federal Reserve Chairman Powell will speak.
Any of these three major events can cause a storm! Reflected in the price, there is a positive news, and it will rise sharply. Then the next event will be negative, and then it will fall. It will torture you up and down like this!
For example, tonight at 20:30, the CPI data is positive, and BTC shows an upward trend. You happily keep the long position and go to bed. Then at 2 am, there will be a reversal, a sharp drop, and your position is gone. Then at 2:30 am, Powell's speech is positive, and it will rise again. Finally, when Powell was about to finish his speech, his tone became hawkish again, and it fell again.
I don't want to have this kind of torture. I will sleep well with a short position, wait for the meeting to end, and then follow the results of the long and short positions. How great!
In terms of the general trend, I am still bearish, but tonight is special, I will not go short, I will sleep with empty positions!