#btc long and short both eating is really enjoyable. From the perspective of supply and demand relationship, when it drops to 100,000, it is in an oversold state, and naturally, there will be a wave of long positions being covered, making a profit of 2,000 points. Then, after it rises, it is found that demand is almost exhausted. Theoretically, after the spring of a bull market, it should break the previous high, but it didn't. So, at first opportunity, I shorted around 102,000, and I kept placing high-priced shorts that didn’t get filled. Then I placed a short order around the support of 98,000, which all got filled. After the transaction, I also placed a long order around 96,000, which was filled in the ant warehouse. So, the drop and rise must have reasons, including what I discussed a long time ago. Before Christmas, I definitely didn't want to go long at high prices, I preferred to short instead. This time, all short orders were exited, but there are still a few long orders that were bought at the counterfeit level of 98,000, which got hit, but the impact is not significant. Now, won't anyone dare to go long at 96,000?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.