Bitcoin has surged back to eighty thousand. Is it the structure of a bull market or just a rebound in a bear market?

CN
1 hour ago

The market has finally moved out of the opposite short-term trend and suddenly faces some challenges. Today, let's address everyone's doubts; in the evening, Lao Cui was busy updating his moment, where the concern lay in the fear of everyone turning bullish. Let’s first report Lao Cui’s response method. After the market stabilized at 80,000, Lao Cui also took profits by selling three bitcoins at 85,400. He then bought five bitcoins to short, which can be simply understood as an act of increasing positions. The previous profits were turned into short positions, and the liquidation price was also made public, around 89,000. Lao Cui's entire holdings, including costs, have almost no hidden components, but some coin friends showed different results when faced with such a market. Lao Cui himself did not have too many doubts; having survived in the circle for too long makes some things seem normal. Everyone should also restrain their greed; even under absolute bear market conditions, there will still be rebound phenomena, not to mention this is only a force of 3,000 points.

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There is no need to elaborate on yesterday's news stimulus; we have been warming up for this news for nearly a month. The strength of this rebound is something Lao Cui definitely did not anticipate, and the methods and thinking to cope with it are left for everyone to consider. There may be some deviations from what everyone thinks; more users worry about risk during this rebound, and Lao Cui would be more regretful, regretting that he did not take profits at a low point. It is very simple to look back at his actions; he should have taken profits near 76,000. Since he missed this opportunity, what Lao Cui thinks about is how to recover profits? Responding in a medium-term manner will have a significant difference from short-term trading. In short-term trading, one can withdraw anytime during a 500-1000 point contest. In medium-term trading, such fluctuations must be steady; it’s impossible for every wave to present immediate profitability upon entry. The different mindset boils down to one thing: the 85% short orders did not enter the market, but instead chose to increase positions in a medium-term manner.

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Medium-term operations test the ability to layout strategies; a single operation can show differences, and the results may not be the same. As for the trend change issue currently being considered by everyone, Lao Cui does not pay much attention to it. Lao Cui also does not know how everyone thinks about this question. Will the Democrats really allow the crypto circle to make achievements during Trump's two years in power? Even the rebound in the US stock market can be accepted; after all, party disputes won’t necessarily conflict with the interests of the American people themselves. Having a check and balance can stabilize the US stock market a bit more. After the election, Lao Cui found in various news that the Democratic Party plans to investigate the financial connections between the cryptocurrency industry, President Trump, and his family. Currently, it is just a plan; once the plan is launched, it will be very interesting, as the core of the plan is to make the president uncomfortable. As for this rebound, Lao Cui understands it as a cleaning of longs and shorts, and he does not see the highs above too high. The week has already reached Thursday, and it is estimated that there will be signals to end the rebound this week.

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Lao Cui summarizes: Since I mainly lay out medium-term strategies, I focus more on medium-term risks and do not get too entangled in short-term fluctuations. This is also a point of difference from everyone’s thinking. For short-term trading, perhaps a stop loss can be maintained at a few thousand points, and profits only involve a few hundred points of contention. However, the stop loss capability for medium-term strategies is at least around 5,000 points, and for longer contests, it can even exceed 10,000 points; thus, such fluctuations are not too concerning. The core issue still lies in the continuity of the trend. It’s very difficult to see support for capital in the cryptocurrency circle this year. In a short-term trade, an agreement reached between Americans and Russians can lead to a temporary decline in oil prices; this kind of situation is merely a relief for urgent issues. Including this rebound, it is merely a political show; do not focus too much on short-term fluctuations, as this rebound is giving everyone a discount. Many friends hope Lao Cui has an expectation for a peak in predictions of this round of trends. Such fluctuations do not show high points, and Lao Cui can only explain based on the orders in hand; for now, the liquidation at 89,000 seems okay. Even though I added positions yesterday and entered a different trend, I do not feel there’s anything wrong; profits are just a matter of time. Even some users who were liquidated last night found Lao Cui, and the advice given was still to short.

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Original creation official account: On-chain Science. If you need help, you can contact directly.

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