The fund promised by Binance to buy $1 billion in Bitcoin has started to move The first purchase of 1315 bitcoins worth 100 million US dollars Anyway, this is a measure to boost bullish confidence in the cryptocurrency market This is a good thing! Someone has been telling me all this time not to short my own business .. But for traders, going long when it's time to go long and short when it's time to go short, deciding the specific direction and execution strategy based on their own trading system is fundamental Actually, from beginning to end, I have always been a long-term trader like Bitcoin Just different account positioning has different operational styles But unfortunately, this wave of decline only saw spot prices escape from their peak Long term bearish contracts either result in unsold orders at advantageous price points, or aggressively roll over positions due to excessive leverage, leading to back and forth washouts There was no overall harvest .. Seeing correctly but failing to seize the opportunity to gain profits Alas, shameless, the food is stingy Learn from the lesson and reflect on it carefully First, slap yourself twice The current mid-term decline of Bitcoin is approaching $70000 .. But judging from the current market sentiment and technical situation, I feel that it may not be able to withstand it Watch the show and wait for the market to temporarily bottom out~ BTC