The market is dead?
This is the wail from my friend.
At present, the situation is very similar to that of Bitcoin ETF in January. The spot dare not move, and the contract dare not open.
The most painful thing is that many brothers who are trapped are struggling whether to cut or not. If they don’t cut, they are afraid that they will not be able to hold on if the price drops sharply, and the loss will be huge!
The current statement is that it is driven by the outflow of ETF funds, which makes it the largest drop in the Asian trading session in the past month.
But the market sense and experience of old traders tell us that the wash is inevitable. As for when the black swan will appear, since it is a black swan, it cannot be predicted.
And the so-called bull market cycle wash is not to say that it will fall in one day, but a high-amplitude fluctuation within the cycle!
So now, it is still to reduce positions. If the big cake stands firm at 70,000 again, I am optimistic about another small outbreak before the halving.
The contract is mainly short-wave, small position, set a stop!
In this market, it is time to short-term small position contracts, because the volatility is large enough. As long as you set the stop loss, understand position management, and know how to roll positions, there will be no loss or explosion!
If you don’t know how to do it, you might as well click on my avatar and follow me. My password is shared for free!
If you like spot, want to roll funds together, and store bull market spot
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