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In the past 24 hours, the liquidation amount was only $50 million—you can’t even imagine what the market would look like if it really went the other way!
The “loom” pattern is playing out in the present arena. As early as Thursday evening, it was already predicted that Qingming Festival would coincide with Easter, during the liquidity’s darkest hour: the ultra-narrow-range oscillation—this is the loom pattern. Wearing down patience is the core;
As liquidity retreats, even the main players’ wild spikes and dumps can’t grab much profit, so the dog-poachers also went on vacation; all that’s left is the market’s free fluctuations;
In the past 24 hours, the market had almost no movement at all— the liquidation amount of only $50 million is the true reflection!
So, the past 24 hours wasn’t that you didn’t make money—it’s that the market simply had no room for you to open positions;
That’s also why a bunch of people are in a rush, busy opening “mountain-寨” orders—because they’re not opening positions to make money; they’re opening positions for stimulation. They don’t enjoy the results of trading—what they enjoy is the thrill of opening positions;
The real hunters know how to rest when it’s time to rest, and they have the patience to “wait by the tree for the rabbit”;
This kind of loom-pattern movement is truly suitable for only one type of person: those taking part in the spot contract trading competition. Fast in, fast out—no need to worry about a massive crash or a massive surge. They can compress costs down to the trading fees, or at least cover the fees with small swings; for swing trading, there’s basically no opportunity at all!
So it’s not that you’re not making money—it’s that the market’s price action simply doesn’t have any space for you to profit. Don’t self-FOMO, don’t self-anxiety!
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