As the market stands at this position, many friends are crazily going long and short, both have their reasons. The technical analysis that makes sense, under the influence of subjective intentions, has formed two different investment directions.
Some friends are switching from saying to short from blogger A, to going long again with blogger B.
At this position, both long and short are 50-50; if you guessed right, it doesn’t mean you are skilled, but rather that you were lucky.
To be honest, given the current volatility, the profit potential is not significant, akin to a little oil on a chicken's backside – both scarce and unappetizing.
According to the trend of continuous capital inflow after the holiday, the market bottom will keep rising, meaning that the downward space from this position is not large.
In summary, I suggest everyone not to operate at this position; those with insufficient positions can slowly enter the market, while for most in the XIII community, the best approach now is to wait and see.
The only operation needed is to enter the market after Bitcoin returns to the 92,000 range and buy the dip.
After all, we have already set a take-profit level at 95,000 for the positions we previously accumulated in this range; if Bitcoin reaches 98,000, we will move it up to 96,000.
This way, one can make steady profits.
Exercise caution when shorting in a bull market.
Don’t look at other bloggers flaunting how much they earned; when you go to operate, you will find that no matter how you act, you end up losing money.
