$BTC When I was shorting at 126,000, everyone told me I would see 130,000 and 150,000. Now, at 95,000, I'm telling you this is not the bottom. Will you believe it? Continue to hold the short position!
The recent market is like a still pond, lacking direction and structure; over-interpreting it can easily lead to misjudgment.
The community continues to hold long positions in contracts and spot trades at the 60K layout, with no plans to reduce positions for now; the pending orders below remain effective, executed according to the original strategy.
Current prices are still operating in the middle of the range, within a disordered fluctuation area. This position lacks a clear advantage in terms of profit and loss ratio, making short-term trading less cost-effective.
Before a certain opportunity arises, restraining oneself to act is, in itself, a form of advanced trading skill.
Trading is, in itself, an extremely superior business model.
Many people focus on passion, talent, or personal interest when discussing business models, but if we set all of these aside and judge from the most fundamental efficiency and replicability, the conclusion is actually very clear: Trading is, in itself, an extremely superior business model.
The core asset of a trader is not the product, nor the channel, but cognition and experience, and these assets will continue to accumulate over time. Each market cycle and every dramatic fluctuation will translate into long-term effective judgment. Experience does not reset; it only sediments.
The biggest problem with day trading has never been the technical details, but the structure itself. When the frequency increases, retail investors are no longer facing the market, but rather institutions, algorithms, and market-making systems.
Only a few can survive, but those are the survivors, not the path. For most retail investors, reducing frequency, catching trends, and taking profits is the only way to keep money in the long term.
If you are still in the cycle of "must trade every day," this article is worth reading carefully.
Pickle Cat
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If you want to stop losing money, please stop day trading immediately (this is not clickbait)
Because retail investors are essentially a structural scam. This article is a bit long, but if you are willing to give me 120 seconds, I guarantee you will thank me in a few years. I started trading when I was a teenager. I made a lot of money, thinking I was Batman. I also lost even more money, which hurt a lot, and even now I am still fixing the cracks from back then. I've tried all the strategies that retail investors can access. I even seriously day traded for a year, thinking I could finally turn things around, but the result was so miserable that just thinking about it still hurts.
How bad was my PNL at that time? Even my grandmother made more money than I did! And she just followed the method I taught her to automatically invest in Bitcoin.
The real advantage of trading lies in mastering time, not chasing prices.
The market is essentially a simulation: the same cycles and events will repeatedly occur because human psychology and behavior will never truly evolve.
Fainted 😵💫 The current regulations in the country are very strict Everyone should avoid discussing cryptocurrency-related topics on WeChat Congratulations on being muted for a week
Hang in there, soon you can phase in buying Bitcoin spot!
华尔街保洁员Rock
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I took a rough glance at the square, and currently, the sentiment for going long remains exceptionally high. This suggests that the bottom of this round of market activity has likely not fully emerged.
So why are so many people still chasing long positions? The fundamental reason is not optimism but rather a rebound of emotions after missing the best shorting opportunities earlier—unwillingness to accept losses and a desire to "make back" what was lost, leading to counter-trend trading.
However, the market does not reward emotions. Many times, missing out is just missing out. The truly mature choice is to patiently wait for the confirmation of the next trend. During this transition period, you can learn, travel, or spend time with family, rather than forcefully participating in a market that does not belong to you.
When you start desperately trying to reclaim your original losses from the market, it is often the moment when the market is most likely to deliver the "final blow."
1. On-chain whale liquidations (currently happening) 2. Run on small and medium exchanges or asset management companies (will happen soon)
After both end, I will step in to bottom fish
华尔街保洁员Rock
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I took a rough glance at the square, and currently, the sentiment for going long remains exceptionally high. This suggests that the bottom of this round of market activity has likely not fully emerged.
So why are so many people still chasing long positions? The fundamental reason is not optimism but rather a rebound of emotions after missing the best shorting opportunities earlier—unwillingness to accept losses and a desire to "make back" what was lost, leading to counter-trend trading.
However, the market does not reward emotions. Many times, missing out is just missing out. The truly mature choice is to patiently wait for the confirmation of the next trend. During this transition period, you can learn, travel, or spend time with family, rather than forcefully participating in a market that does not belong to you.
When you start desperately trying to reclaim your original losses from the market, it is often the moment when the market is most likely to deliver the "final blow."
Exiting the market in August when market sentiment was overheated, the 13 main signs of turning from bull to bear when shorting BTC and ETH, the post was published in November.
华尔街保洁员Rock
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Organized $BTC current strong bear market's 13 main performances:
1. Bearish divergence began to appear in the summer 2. Death cross confirmed for the first time, first time below EMA50 weekly line 3. Almost no liquidity in the repurchase market, the market is empty 4. Retail investors are still holding positions, no obvious signs of capitulation 5. Repeating the bearish fractal of 2021-2022 6. Bank liquidity comparable to the level during the Credit Suisse collapse 7. Japanese yen continues to weaken against the US dollar 8. Bank of Japan in trouble, repurchase failures 9. From October 10th, a large number of trading companies and institutions have been liquidated 10. Bitcoin follows a 4-year cycle, currently in a bear market phase 11. Insider selling of stocks has been massive since August 12. Regional bank collapse has been happening for a month 13. Retail investors still harbor illusions about a bull market, continue to buy on dips
The old financial order is rapidly collapsing, and a brand new economic and industrial system is being pushed onto the historical stage. This is the beginning of the fifth industrial revolution.
The times will not wait for anyone. Either quickly adjust your perceptions and keep up with the pace of change, or be left behind, gradually marginalized in the old system.
I took a rough glance at the square, and currently, the sentiment for going long remains exceptionally high. This suggests that the bottom of this round of market activity has likely not fully emerged.
So why are so many people still chasing long positions? The fundamental reason is not optimism but rather a rebound of emotions after missing the best shorting opportunities earlier—unwillingness to accept losses and a desire to "make back" what was lost, leading to counter-trend trading.
However, the market does not reward emotions. Many times, missing out is just missing out. The truly mature choice is to patiently wait for the confirmation of the next trend. During this transition period, you can learn, travel, or spend time with family, rather than forcefully participating in a market that does not belong to you.
When you start desperately trying to reclaim your original losses from the market, it is often the moment when the market is most likely to deliver the "final blow."
Forward the post from January 10, when the Bitcoin price was around 90,000.
On January 15, exited all long hedge positions entered at 85,800 in the community at a price of 97,000, reversed direction and began to short BTC in batches.
华尔街保洁员Rock
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Current trading operations
1、Maintain 126k short position 2、Add more short positions between 97k and 107k 3、Hold a Bitcoin long hedge position of 85,800 USD 4、Set the BTC long position stop-loss at the entry area, reduced position once at 92,500 USD 5、Next target is around 70,000 USD for Bitcoin, bearish