Review of yesterday's operations

1. Bitcoin, predicted a decline, Trump shouted, hit 63933, closed my short position, was a bit impulsive and went short again around 63300, stop loss set at 644, if it breaks through, the trend turns upward, losses are accepted. Spot is not afraid, futures are only afraid of sudden news that can't be controlled. If I get stopped out, my strategy will change to buying on dips, aiming for 655 first. $BTC

2. WLD, I’ve been watching it for a long time wanting to short it, and I entered a short position because of Trump, maintaining profit and loss. Just now observing, Bitcoin has strength but it’s not strong enough, still at the price I shorted yesterday. The key is it keeps poking up, but downwards it’s all solid candles, clearly indicating it can’t move higher. Preparing to find the right moment to short again. $WLD

3. STG, I’ve been afraid to short because I haven’t seen signs of the whales dumping, and the key fees have gone down to -2, which means shorting will trap you with high fees. It keeps rising, risking a loss. I haven’t dared to short all along, waiting for the 8 o'clock settlement, expecting a correction. Ready to buy some spot to gain 10-20% and then exit. Before entering, check the fees; if it quickly drops to -2, it indicates the stubborn shorters want to stay in the palace, and entering now is quite safe. The biggest risk with mountain-shares is that fees stay at -2 while the price keeps rising; as long as fuel is enough, it can be pushed anywhere, no one can tell where. Doing some spot trading for a quick gain is more stable. It suddenly reminded me of LAB, bought at 4.8 and sold at 5.1, while others pushed it to over 20, crazy mountain-shares buying spot. No technical pattern, just enough fuel! $STG

4. Hype, I was watching it yesterday, planning to short around 61, waiting for the right opportunity. Sold at 55, ready to re-enter.

Overall, the mountain-shares are weaker. I got caught in EDU, SUI, APT, etc., which rose over 10 points but are still insignificant. A 50% drop requires a 100% rise to recover, a 90% drop needs a 10x rise to break even. This highlights the importance of stop-loss. Circle and gold rebounded again; these two can be considered for long positions when the timing is right. Oil, on the other hand, should be shorted. But be more cautious with US stocks and commodities, Trump could say anything about attacking Iran at any time. Based on experience, even if Iran is attacked, Bitcoin doesn’t usually fall much!

Reminder: the probability of a rate hike in Japan is high. The Fed’s June FOMC might be bearish, so be prepared. Respect the market, tread carefully.