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I understand the desire to see DogZhuang lose, but the market doesn't care about grudges. Following the plan to take profits and cut losses is the winning mindset.
1. Yesterday, Shuqin experienced massive online abuse, everyone was criticizing me to the point of doubting life, and I am also doing self-reflection. Was this not a false breakout, but a real breakout? Should I cut my losses? I encourage myself: the 80k integer level is the last resistance; if it doesn't break through, I will hold on...
2. Last night, I slept very restlessly. If I wake up today and see Bitcoin above 80k, I hope I never wake up. But!!! Oh heavens, Bitcoin has fallen! Damn it, it was indeed a false breakout, did it scare Shuqin to death? Cutting losses on one trade is small, but letting the dog whales win is even more painful than eating shit.
3. So, what should I do now? Be more cautious. Our short position at 78.2k can take some profits at 77.5k to prevent any surprises, keep observing closely, and currently, the strong support is around 76.7k. Depending on the situation there, I might consider taking a small rebound.
4. I think the most correct thing I did yesterday was advising everyone not to chase high. Because BTC false breakouts happen a lot, getting caught at the top is terrible. Then, for Trump coin, we said to buy on dips. Today’s pullback brought it back near 2.8, so I might try buying a little there, and exit completely on the 25th—live to see people, die to see corpses.
5. Also, I see a more certain trading opportunity: crude oil, specifically CLUSDT. It has rebounded quite a bit from the 70s, approaching 100. I think it’s good to enter in batches short around 95, 100, and 105, with 1-3x leverage. Long-term, oil prices will definitely return to normal levels around 70-80, with huge profits and high certainty.
6. Moreover, the funding rate for crude oil contracts is now very low, at 0%, making it quite suitable for long-term holding. Our last short on crude oil was at 115, catching a big plunge, and Shuqin has been waiting for a rebound to re-enter. Hey, isn’t the opportunity here again now? Whenever there’s a good chance, Shuqin will guide everyone on how to operate~