Long positions require patience, and short positions require timing!
Today's accelerated K-line may be the largest real line since 21 years, and the current increase is close to 10,000 US dollars!
After this wave of acceleration, high-multiple shorts have been almost completely cleaned out. The next thing to be cleaned out is the low-multiple air forces. Obviously, the "fuel" is gradually running out.
If you want to continue to rise, you can only hope that incremental funds from outside the circle will continue to flow in, which means that the first wave of acceleration has come to an end.
According to the past market logic, the bull market is often accompanied by a "flash crash" - the reason is very simple: when there are too many longs, the market needs a wave of liquidation adjustments.
Data shows that the liquidation volume of long orders accumulated above 80,000 US dollars in the past 7 days has exceeded 1 billion US dollars, and the liquidation volume above 70,000 US dollars has reached 5 billion US dollars.
Liquidation seems to be imperative, and no one can foresee when it will come. Remind everyone to stay calm and respond cautiously! Wait for the next best opportunity to get on the bus, and don't let the momentary impulse disrupt your strategy!
