$BTC
BTC, long and short double kill.
I haven't posted for a long time, today I will talk about the idea of BTC.
At this stage, the price of BTC is hovering around 69,000. I was bearish when it rose to around 69,000 on October 21, because it was obvious that the volume and price did not match, and it was obviously a market crash later. This Tuesday, the price came to around 71,000, and I was also bearish. I set a stop loss of 5k, and the probability of a 95% profit was guaranteed. Later, I didn't expect it to rise to around 73,000, but it fell as expected later. There was no technical analysis for this order, it was purely because of insufficient consensus, the price could not be pulled up, and the institutions were not kind.
Recently, the idea of Bitcoin contract ordering is either long or short, that is, the time span of high-altitude and low-long is generally arranged around 3 days. High-altitude is generally above 70,000, and low-long is generally around 6.5. The leveraged liquidation price is very close, which is not suitable for the current market. People who can make money without any big market can only make money on one-sided market.
The bull market is undeniable, but it requires consensus. Only when most people think that 70,000 is not high at all, most people are willing to take over. This is determined by human nature. This time, the so-called technical indicators are not used. Most technical indicators are only used to explain their own judgments, rather than to influence your judgment based on technical indicators.
If you need professional and effective analysis, everyone is welcome to make progress together.