Air Force liquidation is complete, should we clean up the multi-army next?
The drop in Bitcoin over the past four days has been directly pulled up by a big bullish candle today. The previous shorts have been hurt, which is a fact that cannot be denied. Those who earn a trade and shout all over the world, but do not mention it when wrong, and repeatedly short again, cannot be done by a good trader. When taking profit, one should share the joy; when taking a loss, one should also warn of the risks. Don't get carried away, don’t hold the position!
Those who shout slogans like "Charge! Stop loss means liquidation!" are really not what a sharer should say. This only stirs the emotions of the inexperienced traders, but unfortunately, they like this kind of talk. Good advice is hard to convince a doomed ghost; there's nothing we can do...
Today, the shorts were slaughtered, but there is no denying the possibility of a market crash in the early morning. First, the market was pulled up to clean up the shorts, and then it started to crash down again. This is a common trick used by market manipulators; we should not be surprised! The middle line of the daily K-line is under pressure, and this is a reference for the high short position. Additionally, the current market is testing the upper pressure of the 4-hour K-line, which is also a position to consider for shorts. So this is my reason for going short next; for reference!
For every trade, I will clearly and straightforwardly share my views on why I am doing it. If the price breaks, there is no need to hold on; timely stop-loss is essential! Rather than just getting overly excited, painting grand visions, and shouting slogans! Shorting Bitcoin at 99200 and 99700 here, aiming down to 96000, 94000, and 92500, with defense set at 10500. #加密市场反弹 $BTC