
Phyrex|Jul 02, 2025 09:08
Sichuan and Malaysia dispute over Bitcoin contract trading resumption
This is my second time writing a review. The first time I crossed the cycle a bit longer, mainly because the market direction was not clear, so I couldn't find a suitable time to open an order. This time, Chuanma's argument again gave me an opportunity to open an order.
When BTC fell yesterday, I said I was going long. At that time, I placed my first order at $105500, but I still couldn't get it. I was quite worried because my logic was that the market had already experienced a dispute between Sichuan and Malaysia and had certain expectations, so the decline would not be too large. Without getting it, I rose to $105775, but as soon as I got it, it continued to fall.
At the lowest point, it almost fell below $105000, but I don't think it's a big problem. I also wrote in my homework that Trump is very passive this time. Trump will not shrink back easily in order to support the support rate, and both SpaceX and StarLink of Musk need the support of the US government.
What Trump feared most about Trump was not fighting or supporting the new party, but turning to the Democratic Party, which was the bottom line of Trump. It was obvious that Musk did not touch this bottom line. More importantly, although the Senate and the House of Representatives were close wins, the general direction should be OK, and the passing rate should be approximate, so for Trump and the Republican Party, only details need to be modified to maintain consensus.
So I think this kind of decline is short-term, and most likely it will return to above $107000 within 2-3 days. However, I didn't expect it to come back today. Just now, when I was at $107620, I took a profit of 80%.
Why not wait for the US stock market to open?
The opening of the US stock market is a variable, and there may be new information released. If it is positive, it is not a big problem for Bitcoin to rise by $500, but if it is negative, BTC is likely to fall back to around $106000. Therefore, for me, continuing to hold the yield is not very high, so I took a profit of 80%.
If the remaining 20% rises at night, I will also have profits. If the night is not good, I have already reduced the margin and locked in profits. Even if it is not good, the most I can do is to earn less.
After taking profit, the net profit exceeded $8800, which is four times my deposit of $2000. I earned four times in three months, which is not much, but this is my trading logic.
PS: This is only a judgment of direction for small capital contracts, and the main position is still in spot goods. The risk of the contract is very high, and every time I place an order, I am prepared for significant losses in the contract.
This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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