A friend asked you that since you knew you could short at 70,000, why didn't you go long at 66,000 the day before? Then when it rose to 70,000, you closed your long position and went short, wouldn't you make more money?

This is a very good question. In fact, before the plunge to 66,000, we had a strategy to go long at 67,000. Then I woke up yesterday and found that the profit and loss ratio of this strategy was not good. And you can see that we marked a point at 67,200 and the direction was upward. In fact, this analysis is in line with this long-order strategy. You can see that I also marked the scam trend from 6.11 to 6.12 in the figure, which is in line with expectations at present.

But yesterday, the two major events of CPI data (surge) and Federal Reserve interest rate (plunge) led to the double evil of long and short positions, so we closed the long position and released 69,400 to short BTC.

This friend just came in with a long order, and we just happened to have a short order strategy at that time, so his long order must be closed at a high level of around 70,000, and then shorted, so that he could complete the long and short double-eat of the large band.

Actually, he didn't look at this long order strategy. We shorted at 69,400, and he had the most floating profit at that price. If he didn't buy and close the long position, his profit would have a large retracement today. $BTC