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After observing Bitcoin for 2 hours, Bitcoin completed its bottom fluctuation, broke through the resistance level of 628, and this rebound is about to start. I am holding long positions and also bought spot Bitcoin. I analyze that Bitcoin might go for a run to 660. This is just a guess; first, let's see if it can stabilize at 635 and 642.
After trading futures, I started doing spot Bitcoin in reverse. I feel that my trading skills and recognition ability have significantly improved. Trading futures is at least ten times more difficult than spot. I entered Bitcoin at 685, and have been doing spot T, bringing my cost basis down to 630. If I make a few more swings, I might push my cost basis to just above the current price. My ultimate goal is to break even. Reflecting on practicing this infinite combat strategy, starting from the 15-minute chart, it was really exhausting.
Hard work will eventually pay off. The most difficult part of T trading is focus. When I have too many coins, I can't focus on T. Focusing on Bitcoin is much easier. T means swing trading, many coin friends don’t understand and ask me. Main A is T+1, meaning you buy on the day and can’t sell until the next day. US stocks are T+0, meaning you buy and can sell immediately. T in English stands for time, meaning time. So I say I do T.
$BTC