Did I lose or gain today?
I lost two orders today, and the loss was slightly less than half of the profit of the following order, which means that this long order only earned half of the original profit😕.
Waiting for the rebound to stop falling and short, you can see if there is a rebound top pattern between 97212 and 96828, try to take the short position, and set a stop loss. The big pressure point is still around 98753.
At the end of the year, a large amount of funds will temporarily flow out of the market, the upward momentum will appear weak, and the downward momentum will appear strong. Before the week when Trump officially takes office, the main short position will be short.
In January next year, the market still needs to digest the expectation that the Federal Reserve is likely to suspend interest rate cuts. The market is expected to fall before the data is released. If you successfully take the short position at the top of the rise after Trump's official inauguration, the profit is expected to be relatively rich.
Since the Fed has basically ruled out the possibility of raising interest rates next year, the news that the Fed will not buy Bitcoin has been digested this month. It is unlikely that there will be a market crash due to interest rates after February next year (the market crash in terms of interest rates next year may be caused by the Fed not choosing to cut interest rates in the months of betting, which is inconsistent with the news and triggers panic. Currently, we can only see bets on interest rate cuts in March and October). For next year, the biggest uncertainty is the performance of the US economy after Trump takes office and the impact of policies on cryptocurrencies. For now, I will continue to see bulls after February next year.