The current market conditions, if you're not careful, can easily sweep your liquidity.

Yesterday, I went short and then switched to long, just watching the market not to fall further.
Previously, when encountering such market conditions, holding short positions caused me to lose several times.

This time, I reversed and went long, but the lowest point liquidated my liquidity...
It's a bit tough to hold on. Since returning from Hong Kong, my perception of the market has declined.
I don't know if it's because I’ve been browsing for a few days or because I call myself a gambling dog.

Currently, $BTC is still oscillating around the 77k range.
I personally think that the 80k level above is not so easy to fill the CME gap.

1. Altcoins have scarce liquidity, mainstream altcoins are not following up or down,
some low-market-cap coins are heavily controlled by market makers.

2. After $ASTEROID appeared on-chain, there was serious capital diversion,
and no new narrative has emerged.

At the current position, daily fluctuations of 1-2% make scalp trading difficult,
and it might just cause stop-loss whipsaws, affecting the mentality.
Bearish traders are watching the 75.8k level for a retest of whether it breaks below,
and if it does, they can confidently short.
Long positions can wait for a breakout above 77.4k.

As the monthly K-line approaches its close,
liquidity will be repeatedly harvested.
Intraday volatility can only be expected around the morning and evening near U.S. stock market opening times.