Tonight's trading strategy is very clear—mainly going long. I decided to close my previous short positions and switch to a bullish stance, and the reasons are actually reflected in the K-line.
Bitcoin has been continuously bullish these days, with each high being higher than the last. Although there was a correction during the day, breaking below 93 is basically impossible. What does this indicate? The MA30 has stabilized, and the bullish pattern is consolidating. Honestly, I really don't understand why anyone would insist on shorting in such a market.
There's nothing wrong with shorting or going long per se; the problem is doing so against the trend. Following the trend is the key—go long when it's appropriate, and only consider short positions when hitting resistance levels. I won't take profits prematurely on this trade; let's see how far it can go above 95.
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Rugpull幸存者
· 01-08 09:59
Can't get down to 93? Then just follow, anyway, going with the trend is the most comfortable.
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LiquidityOracle
· 01-07 18:04
Going with the trend is not wrong, but those who don't understand and insist on doing the opposite really deserve to be trapped.
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GigaBrainAnon
· 01-07 14:26
Going long with the trend is fine, just don't panic and exit early.
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MidnightTrader
· 01-07 12:28
Hi, going with the trend is the real deal, and stubbornly holding short positions is really crazy.
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rugpull_ptsd
· 01-06 15:46
Hi 93 is the bottom line, we really didn't miss this wave. Going with the trend is the right move.
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FlippedSignal
· 01-06 15:43
Going with the trend makes sense, but I have to ask—after breaking 95, can it really break through, or is it just a false breakout?
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LiquidityWizard
· 01-06 15:40
If 93 can't be broken, the bulls are steady this wave.
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ThesisInvestor
· 01-06 15:39
Following the trend is the right way to make money; holding onto a short position blindly is just courting death.
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GateUser-bd883c58
· 01-06 15:35
Going with the trend is a phrase I've heard at least a hundred times, but how many actually do it? It's still the same old story: stop-loss is always more important than take-profit.
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WagmiWarrior
· 01-06 15:33
Going with the trend is indeed the truth, and blindly emptying is truly foolish. Once the MA30 stabilizes, it's time to follow up.
Tonight's trading strategy is very clear—mainly going long. I decided to close my previous short positions and switch to a bullish stance, and the reasons are actually reflected in the K-line.
Bitcoin has been continuously bullish these days, with each high being higher than the last. Although there was a correction during the day, breaking below 93 is basically impossible. What does this indicate? The MA30 has stabilized, and the bullish pattern is consolidating. Honestly, I really don't understand why anyone would insist on shorting in such a market.
There's nothing wrong with shorting or going long per se; the problem is doing so against the trend. Following the trend is the key—go long when it's appropriate, and only consider short positions when hitting resistance levels. I won't take profits prematurely on this trade; let's see how far it can go above 95.