After the meeting, I saw the news that the price of $BTC has surpassed 109.

CN
Phyrex
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21 hours ago

After the meeting, I saw the news that the price of $BTC has surpassed $109,000. This price has exceeded my expectations, but fortunately, I still have 20% of my contracts left. I'm quite happy with this profit; the total profit from this trade should exceed 50%, and I'm very content with that. I cleared the remaining positions at $109,200, and now I have completely exited.

I really wanted to short at this position, mainly because the expectation for the non-farm payroll data is to treat bad data as good data. However, in reality, the probability of a rate cut in July will still be very low. Shorting now might allow me to capture around $1,000 in profit, but I still feel it's not stable. I have hardly made any money from shorting, and I also don't want to short Bitcoin, so I'll leave it at that.

In the past three months, my total profit has exceeded $9,000, with a cost multiple of 4.5 times. This is mainly because I start each trade with 0.5 BTC and rarely add more, as I hope my contract account can sustain for a longer time.

This tweet is sponsored by @ApeXProtocolCN | Dex With ApeX

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