Previously estimated for early January, it has been delayed by a month to early February. The recent market movements, along with the sharp decline in major metals like gold and silver, have unfolded together and perfectly retraced to the 2200 price range. We can only say cherish this price. In another month, we may never see ETH below 2500 again.
This time, starting from the initial live broadcast with 500u, it nearly reached 4000u. Later, during the bull market, I will open coin-margined contracts, so I will withdraw most of the funds from the live account. However, I will leave 500u here for everyone to observe my medium- to long-term positions.
At this short-term position, if the U.S. stock market can support for more than half a month, BTC stabilizing is likely to welcome a significant rebound after a complete round of decline, while also preparing the conditions for the future U.S. stock market circuit breaker and crypto world plummet. In simple terms: In order to have a quick plummet liquidation, first pull up the bullish market continuously for about half a month. On one hand, it blows up the shorts; on the other hand, it accumulates long positions fuel. So at this position, I won't blindly short anymore, and I might even try
There are some matters at home, and I haven't had time to live stream these days. The big direction was explained clearly in the last live stream. In this kind of wide-range downward fluctuation market, shorting at highs and running away when you make a profit.
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Rebirth:Making1MillionBy:
Teacher, where can I watch the live broadcast? I didn't watch it and just followed the trades.
The most annoying thing about Gate is that after opening a position, I cannot split the position or use isolated margin; I have to merge all positions together, which makes it impossible for me to increase the position later without separating it from the previous positions! This makes it difficult to achieve a balance between medium to long term and short-term operations!
The strength of short positions is very strong. Last night's market completed a continuous three and a half days of falling cycle. A rebound occurred only after breaking through the previous support. The overall direction still firmly looks bearish, while in the short term, the future 2-3 days are expected to see a range oscillation leaning upwards. Strategy recommendation: for short-term, you can short at high prices and long at low prices; for long-term, continue to look for opportunities to add to short positions at high levels. btc: continue short at 111500-112500, stop loss at 114500
With Trump in power the market is no longer predictable, I wonder when the actual bull run will start. Some will definitely lose hope and later on realise that given up is not an option