Going short feels really comfortable, the account is increasing every day, but in a moment of impulsiveness, I reversed and went long, and it directly taught me a lesson.



The brother earlier was shorting smoothly, the rhythm was perfect, and the account was climbing every day. But suddenly he thought, "It's enough of a drop, time to rebound," and reversed to go long.

Then the market showed you with real action — the bottom isn’t in your mind, it’s in the middle of the mountain. When the rhythm is perfect, the most feared thing is suddenly thinking you’ve figured it out.

I’m very familiar with this mentality. When short positions lose money, you think you’re a genius; when you switch direction and get trapped, you start doubting life.

Actually, the market doesn’t care what direction you choose; it only cares about the rise and fall. What really influences trading are often your own emotions.

Now looking at the candlestick chart, afraid to go long again for fear of another big bearish candle, and afraid to go short again because it might just spike up after entering. The most painful thing isn’t losing that little money, but having your confidence shattered.

Tonight I’ll probably be staring at the screen until dawn again.

$BTC Now hovering around 64,000, down less than a point in 24 hours, not crashing but also not giving a clear direction. At such times, it’s the most tormenting — both longs and shorts are hard to act on, chasing the rally risks catching the bag, bottom-fishing risks being caught in the middle of the mountain.

Speaking of the middle of the mountain, SpaceX is really pushing upward from the middle of the mountain. In the four days since going public, it has surpassed TSMC, Amazon, and Microsoft, with its market value directly reaching the fourth in the world, and Elon Musk’s personal wealth surpassing one trillion.

This speed of valuation expansion in the capital market is even more aggressive than needle insertions in the crypto space. The price discovery range after MSCI’s passive funds fully entered is the key observation point this week.

Large funds piling into these directions, for assets like $BTC and $ETH that are sensitive to liquidity, might short-term withdraw some hot money, and the rotation rhythm of altcoins will also be affected. #我的Gate交易时刻 #TradFiCFD黄金大师赛 #预测世界杯加拿大VS卡塔尔
BTC-4.27%
ETH-4.85%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned