【1w2 Live Trading Day 71】
The market no longer has any room for luck. I was startled when it broke upwards last night, thinking it would continue strongly, but in the end, the bulls were all noise and no action. The reason the market isn't collapsing directly now is simply because it just experienced a sharp drop a few days ago, and the selling momentum has been released; it will need some time to brew before forming a downward force again. However, during the previous days of decline, it wasn't just one needle that was poked, but several that were fished back up, where a huge amount of bottom-fishing capital entered. These bottom-fishing positions are all floating profits, and any slight issue will cause them to flee. Once the downward dam is opened, the funds will escape like a flood. This wave of BTC is likely to drop to around 90k; let's deal with it after the market has finished dropping.
Yesterday, I was lured into a long position and got cut; there's less than 10k left. Now, I can only wait patiently.
