Hello, I am Wang Ye.
Congratulations to the bosses who bet on Trump and won; this return is a reward for the brave.
Let's get straight to the conclusion: bearish.
For those who missed the boat, whether in spot or contracts, there will be opportunities soon, so please do not doubt yourself or fall into internal conflict just because you missed one or two waves of the market.
I clearly state that there will be a pullback, and it will provide entry opportunities.
Market Analysis:
This morning, due to Trump’s significant lead in votes, the market preemptively realized the good news, causing prices to soar. I never expected it to rise this high; it made me dizzy. Moreover, in the current market, I will not analyze it technically until the market stabilizes, as FOMO sentiment is severe. Retail investors are aggressively bottom-fishing during the pullback, but the problem is that large investors are selling off as the good news is realized, and retail investors cannot hold the spot. Therefore, there will definitely be good news turning into bearish selling pressure; the only question is when this large selling pressure will arrive. The main force will not just pull up the market because Trump is elected. I firmly state that the explosive bull market that retail investors expect will not come at this moment, and being bearish at this time requires enduring significant pressure, which I do not mind.
Operations:
If given the opportunity.
I will enter the first short position near the previous high with a small position 500 points away. If FOMO sentiment is severe, I will enter the second short position within 500-1000 points after breaking the previous high. If it does not break the previous high and bounces back at the support level, I will increase my position.
This is all the current plan.
When I enter the position, I will post on the square.
This time, no stop loss is set.