The warehouse cleared on the morning of the 19th. I initially thought that the Bitcoin daily adjustment would see MACD rise again, just like at the beginning of the year. However, after a bit of selling pressure, it rallied up. The doji from the day before yesterday indeed should have raised some alarms. This wave of pullback resulted in a profit drop of over 20,000, which was indeed too greedy. At that time, I wanted to find the highest point to take profits, but I didn't execute the phased profit-taking strategy I had set for myself.
The main issue is that I had already seen the risks in my previous posts, but human nature is really hard to control. Currently, profits have dropped from 40,000 USDT to just over 10,000 USDT. I took profits in time and can't hold on any longer. For those looking to buy the dip today, I sold everything during the afternoon rebound.
Currently, I am in cash. I will only re-enter under two conditions: one is to wait for the Bitcoin daily line to return to the zero axis or to be oversold; the other is for Bitcoin and altcoins to build a bottom at the daily level.
At present, I am only doing short-term contracts, mainly focusing on small-scale short positions. I will post about spot purchases.
Over the past month, I have grown a lot. In the next wave, I will be more mature and try to operate on the right side. The left side is indeed too nerve-wracking. I record my live trading to give myself a place for reflection, growth, and review. Let's encourage each other.