2024.9.18 Funds: 46561U
A new storm is coming?
Recalling that I had a heavy position in FLOKI before, I was looking for more fees, but I was buried. It took me nearly a month to reach a new high. Now CKB has learned from the experience of the last fee and opened a short position.
As a result, the outcome this time is indeed the opposite. CKB has risen and is still breaking through the recent high. According to the logic of FLOKI's opening position last time, FLOKI can be said to have made a lot of money.
But this time I was short, I lost money on fees and positions, which can be said to be a loss. The only thing I can be thankful for is that the first position is not that heavy, but after covering positions again and again.
Now the position has become heavy. This time I chose to face fate and wait for the recent correction. Now the price is close to the upper pressure level. Hold the currency and wait for the market to come. My long position is not small.
The price did not rise, which is a shock situation.
Recently, I analyzed some traders with higher returns. They all experienced large retracements, but they continued to get up and break new highs again and again in the retracements.
I am enlarging my operations, and the risks are constantly increasing. I don’t know if the returns can achieve a good positive breakthrough. This time, CKB is actually a little panicked, afraid that it will break through to around 0.3.
Be patient. If the loss expands further, use hedging and volatility to trade and try to get up again.
BTC’s market has risen to the pressure level near 61,000, and now it has retreated to just over 60,000. If the pressure level cannot be broken, it will continue to step on the support level near 57,000.
The current cottage may be the bottom of the short direction. If you have an idea about shorting, you can short at highs. Of course, if BTC quickly breaks through the pressure level near 61,000, then the next profit-taking pressure level will be 65,000.
Technical analysis is only a reference suggestion for auxiliary trading, used to improve the winning rate of trading, and cannot really predict the future market trend. You can just use it as a reference.
Positions
Bearish: CKB, SUI,
Bearish: FLOKI, W, BONK, WIF
Only by striving to find success can you achieve success.
