I see the voting results are almost finalized, so I'll just talk about Bitcoin and Ethereum. Judging only from the K-line, they are not in overbought territory. Unknowingly, the bear market will also transition into its final stage. At this point, shorting is risky; if a mistake is made and you're caught, you might never be able to get out, because a new bull market could hit new highs.



Therefore, after closing the four short positions we took in early May, it indicates that subsequent short positions should not be heavily leveraged. The risk-reward ratio is no longer favorable. Accumulate capital with small positions, avoid aiming for excessively high returns, and the signals we give can be just for participation. The safest approach is to do nothing until we can confirm a bottom signal. When the next bull market arrives, tenfold gains are at least possible. Combining this with recent positive developments in Iran negotiations and risk assessment, mainstream traders are no longer pursuing short positions.

On the other hand, US stocks have been continuously hitting new highs, with serious overbought conditions, whether in AI stocks or the broader market. So, I am starting to pay attention to whether there are opportunities to enter the US stock market.

ZEC's situation is also quite special. Although it still has concentrated holdings, it falls between a controlling coin and a clone coin. On one hand, its market cap has become too high, and the big players can no longer easily manipulate it like Rave or Lab, which can be pushed ten or more times. On the other hand, it is indeed full of fluff, and we can only listen to the project team tell stories.
BTC-2.10%
ETH-1.01%
ZEC-2.57%
RAVE-8.27%
LAB20.44%
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FishFishFish555
· 06-17 12:25
ZEC I entered the same as you. It didn’t hit my add position—just missed by a few points. It’s so infuriating.
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