There are risks, do you know at this position! ! !
Since the beginning of the month, the price of Bitcoin has been rising for 22 consecutive days. Now it is the end of the month. The price has risen to 68,300, an increase of 30%.
Getting closer to 68,300 actually means that the risk is getting bigger and bigger. At this time, the dealer is likely to pull out a big positive line. The market often starts to go crazy and greedy at that moment.
I clearly told my friends that when the big positive line is pulled up, you must remember to reduce your position and ship out, instead of chasing high when the high positive line is seen by thousands of troops. You need to wait patiently for the opportunity for Bitcoin to fall back and choose a high position near 68,300 to open a short position.
Everyone is afraid of missing this bull market and chooses to chase high. Chasing high is too risky. My friends, there are so many good news during this period, such as the Fed's interest rate cut, China's interest rate cut, the A-share market soaring, the world's interest rate cut, the country's big money release, the country's bottom-fishing entry, CZ's release from prison, and so on. I want to tell you that you didn't ambush before the market started. Now that you see that it has been soaring, you enter the market. Aren't you a complete receiver?
The purpose is not to push up the price, but to trap people and trap the leeks on the top of the mountain. Those retail investors who only look at the price and ignore human nature will rush in, thinking that this wave is stable, and have already considered buying cars and houses. It just so happens that the capital dealers are going to Dubai next month to see young models, surf, sandboard, and fly planes. This wave of expenses is waiting for the big guys who are now mindlessly opening more and rushing in to pay for it.
I am a trader-Changjiang, I love you, just as I love myself
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