Last night, Bitcoin rallied again, exceeding 100,000 dollars. Behind the perpetual discount of BTC, who is shorting?
Some perpetual BTC from AnU actually has a discount. Who is shorting? On the surface, this strong movement during the night is happening, but in reality, there are undercurrents. The probability of continuing to hover around 100,000 is high, and repeatedly exploding long and short contracts is a good choice, especially during times of abundant liquidity.
Bitcoin closed with a big bullish candlestick this morning, directly reclaiming the range point of the past two days of adjustment, even breaking through the price of the fluctuation range, successfully closing above 100,000 dollars. This is the second time the closing price has been above 100,000 in a turbulent market.
From the current strength of the K-line rebound, the momentum hasn’t been fully released yet. The daily trend is starting to tighten, but the decline hasn’t broken any key positions. Therefore, it’s better to participate during the day, and there is still upward space. So even if there are brothers who haven’t bought in at the bottom, don’t worry, there are still many opportunities.
Strong rebound, the trend has already explained everything. What you need to do now is to explore potential opportunities in this turbulent market. Many coins recovered yesterday, check your account status, is it A7, A8, or A9?
In a bull market, it is best to achieve zero cost. What does zero cost mean?
For example, the position around comp71 mentioned earlier, the highest was 144. If you invested your position when it was at 140 and completely reduced your position, the remainder would all be profit. This is called zero cost. During these two days of adjustment, you are completely calm, it doesn’t hurt you, and you won’t be anxious or impatient to make mistakes. Simply put, if the price goes up, you still have profit on board, everyone is happy; if it goes down, you’re not anxious, and your principal isn’t hurt. This is the advantage of zero cost.
Navigating a bull market requires a trading plan. I’ve always told everyone to control their positions, including reducing positions to achieve zero cost is not just talk. After formulating a trading strategy, what you need to do next is to strictly execute it. Your returns in this bull market won’t be poor.
To participate in this market, you must have a plan and execute it rationally according to your own plan, rather than always thinking about heavily betting to make a quick profit. This often backfires. In fact, an occasional big return from luck will only cultivate a gambling mentality, and in the end, you will have to give it back to the market!
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