2024.7.16 Funds: 43898U

Funds 43,000, approaching a new high of 45,000!

The last highest fund in my trading log was on June 9, 2024, when the fund was 44829, which was 1,000U away from my new high. Looking back at this period, the fund fell to around 29,000U when it was at its lowest, and it took more than a month to draw a V. In summary, I lost too much money in external copycat contracts, HIGH and ZK, and learned lessons deeply. After the liquidation, I didn't open orders outside alone.

Now my trading has begun to change direction, and most of my positions have begun to be bearish. BTC has risen sharply, and I feel that there will still be a small correction. I am now shorting and buying on dips, and doing swings back and forth.

Before going to bed yesterday, I wanted to add some long orders in WIF, fearing that BTC would not break through the pressure level, but WIF still soared. WIF currently has a lot of losses from shorting in private domain. If it breaks through 2.4 strongly, open long positions similar to short positions to hedge. If it rises to around 2.65, take profit in long positions, open some short positions, and then open long positions to go short in the downward band.

The bulls are really fierce. The private domain lost a lot of money last night because of the bearish outlook. The volatility of the private domain is indeed large, because the positions opened at highs or lows are heavy. It is not recommended that you choose the private domain with a small amount of follow-up orders. It is too easy to fail to keep up with the orders and blow up the position, especially if you add extra leverage yourself.

Current holdings:
INJ, W, ARB, ONDO, (bullish)
BONK, WIF, PENDLE, JASMY, FLOKI (bearish)

Funds are soldiers, we are generals, trading is a protracted war, win without arrogance, lose without discouragement, only those who persevere to the end are the ultimate winners

#BTC #ETH #BNB