$BTC Short-term market analysis:
Seeing that many people are still recommending short selling, it is a great misleading for novices!
1. The investment masters I know do not operate against the trend. If you don’t know the profit and loss ratio, you can’t set the stop loss in advance and execute it according to the plan, you don’t have a long-term statistics of the winning rate of your strategy, and you don’t know what the winning rate of the profit and loss ratio is to be a strategy with a positive expected value, you don’t even know what the mathematical expectation is!
Operation against the trend + leverage = shattered
2. The successful secondary test has told us that the supply side has overcome the recent panic and tends to be reluctant to sell. The subsequent rise tells us that the demand side has defeated the supply side. The three-hour callback shrinkage is the demand side’s observation window, confirming that the selling pressure is insufficient. Next, as long as the demand side resumes buying, it can be easily pulled up.
3. Will I be slapped in the face? Of course it is possible. No one can predict the short-term market trend. But what we can do is to follow the trend.
For novices, do not add leverage, hold the spot, and wait patiently. Not operating is the most frequent operation of investment masters.