Binance's promised fund to buy $1 billion worth of Bitcoin has started to move.

The first purchase was 1,315 Bitcoins worth $100 million.

Regardless, this is a measure to boost bullish confidence in the crypto market.

This is a good thing!

During this time, people have been telling me not to short my own business…

But for traders, it's essential to go long when it's time to go long and short when it's time to short, deciding the specific operational direction and execution strategy based on their trading system.

In fact, I have always been a trader who is optimistic about Bitcoin in the long term.

It's just that different account positions have different operational styles.

Unfortunately, this wave of decline only saw the spot market escape the top.

The mid-term bearish contracts either had unexecuted limit orders at advantageous prices or had overly leveraged short positions that led to aggressive rolling and getting washed back and forth.

Overall, nothing to show for it…

Seeing the right move but not capturing the profit.

Sigh, feeling ashamed, a total rookie 😭😭😭

Learning from the lesson, reflecting well.

First, I’ll give myself a couple of slaps 🙃🙃🙃

Currently, Bitcoin's mid-term decline is nearing $70,000…

But looking at the current market sentiment and technical state, it feels like it might not hold up.

Let’s watch and see if the market can build a bottom in stages~

BTC

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。