Plummeted, can short $

It is trading sideways at a high level, and there is a high probability that it will fall. Of course, this is my personal guess and does not constitute investment advice. It is purely for sharing.

Air Force surrenders! Bitcoin peaks at 91,000

Among Hong Kong-listed companies, Boyaa Interactive is not the only one that has invested heavily in cryptocurrencies.

In March this year, Yingyuzhou (HK03700) announced that its board of directors had approved a budget of US$100 million for the company to purchase cryptocurrencies on any regulated and licensed trading platform in the next five years.

Guofu Innovation (HK00290) announced in August that the company had purchased bitcoins worth a total of HK$36 million (excluding transaction costs) from March to August.

In its 2024 interim results report, Blueport Interactive (HK08267) disclosed that the company held a total of 142.8539 units of Bitcoin and 848.386 units of Ethereum, with a total cash cost of approximately US$8.8 million.

"The first blockchain stock" Canaan Technology (listed on Nasdaq) also holds a large position in Bitcoin. As of June 30, the company held 1,133.5 Bitcoins, with a total fair value of US$69.9 million at that time.

Not many A-share companies hold Bitcoin.

In August this year, Zhidu Holdings (SZ000676) stated on the interactive platform that the company will include Bitcoin in the intangible asset account and make initial measurement at cost; as of December 31, 2023, the book value of the company's intangible assets-digital assets (Bitcoin) account is 56.4687 million yuan. In the first quarter of this year, the company sold some Bitcoin. In early November, Zhidu Holdings announced that the company still holds Bitcoin.

Eat the empty order

The downward trend is basically formed, and the short position has increased to $SOL

Can the downtrend be confirmed📉? My principle is that after a high point, if there are two consecutive days of decline, I can short.

If it continues to drop tomorrow and forms a downward trend, I will add to my short position. It's still not very clear right now, just afraid that the Americans will start working at 11 PM and then make a strong pull.

【I advise everyone to act according to their ability】In the past two days, I have been reading the Binance forum and I've found that many students are taking out loans to trade, as well as many mothers. There is a reason why the country prohibits this; too many people have lost everything. I feel that after this wave, Binance might not even be usable anymore, which is why I decided to transfer everything to a cold wallet. After reading too much on the forum, I feel that this is too harmful, too terrifying. Many people are left in despair for the rest of their lives because of this, and many cannot control their own desires.

So awesome, rising all the way without callbacks, witnessing history


#BTC连续破新高，你看到多少？

The market keeps hitting new highs. The more people short, the more it will rise unilaterally. Because when you buy a short order, the platform system will automatically purchase the corresponding share of coins. So this wave of market is completely pushed up by short orders. It will not fall back until the short orders are pulled out and the longs are greater than the shorts. At present, it will not fall in the short term.

Don't short, continue to surge tonight, no pullback, don't get too excited, keeping cash is the most important
#BTC挑战8W2大关

It won't drop for a while, the short positions continue to drive up the price

Trends cannot be violated; the higher the innovation, the more short positions there are. The price will be driven up by short contracts, and it will only drop when the short positions have been mostly liquidated. This is the reason for the increase $BTC $SOL $DOGE

Witnessing history again, BTC reached a最高80080.00, too incredible


#BTC突破8W大关

If it callbacks, I will stock up on these coins, if there are no good prices, I can only wait or give up

Sometimes the more you think it will drop, the less it does. This wave might really go above 100,000 before turning around, catching all the shorts off guard.

Do you think it will drop or continue to rise?

The bull market is here, no more reversing

Trump elected! Reviewing his ten commitments to cryptocurrency, is a bull market really coming?