Since taking profit on the short position $BTC around 78k-76k earlier, I haven't done much trading. Although I do keep an eye on the market, I completely lost interest in trading... Just look at the neighboring US stocks, that's where capital is everywhere. In contrast, crypto is either a pool of accusations or various conspiracy schemes. No wonder everyone is shouting about switching to US stock trading. Playing crypto often involves sudden spikes and stop-loss hits, or even buying and then doing nothing as the whales distribute within a range, which kills the enthusiasm.



Let me give you an update on the current $BTC situation. After touching 75.8k on the 18th, it has been oscillating between 76k and 78k. The open interest and liquidation chart for the contracts are in a balanced state, neither bulls nor bears have broken the equilibrium. Today is Friday, and the next two days are low-liquidity trading days.

Here's my personal view:

1. The 4-hour bottom has been rising, and the market will stay above 76k until Sunday, buying long positions and waiting for it to rise to 79k.
2. Over the past couple of days, altcoins have also started to stir. Find some strong altcoins to play with.

In other words, until next week, the main strategy is low leverage longs. If you're worried it won't go up, you can buy some BTC now and add to your position around 76k.
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WhitepaperByTheRoadside
· 7h ago
U.S. stocks are indeed attractive, but crypto's liquidity is easily manipulated when it's low. It's not too late to wait until Sunday to see the direction before making a move.
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LintCollector
· 8h ago
Right now, this market is only suitable for small positions to dabble; if you want to go all out, you’ll have to wait for the Federal Reserve to give some signals.
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MistBlueLily
· 8h ago
76k holding up is okay, the worst is if over the weekend there's a sudden drop and then on Monday the US stock market opens and drops in tandem.
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