Phyrex
Phyrex|Jul 15, 2026 16:44
Totally exhausted today, but the resilience of bitcoin:native is still pretty solid. For several times now, when U.S. stocks dropped more than 1%, Bitcoin managed to stay slightly up. Probably because $BTC was oversold too much before. Now that AI and semiconductors are cooling down, some funds seem to be flowing back into $BTC, which has made my dual-currency strategy a bit stressful lately. A lot of friends know that over the past month, I’ve been buying $BTC between $59,000 and $63,000 through dual-currency investments. I’ve been buying at almost every $1,000 interval. Currently, the lower-priced buys have already returned to $63,000, and only 3/4 of the positions below $63,000 remain. For the higher sell positions, I’ve set them at $66,000. Feeling a bit nervous about it—there’s a real chance it could exceed $66,000 by the July 17 expiration date. Even though dual-currency strategies have been profitable, I’m still reluctant to sell Bitcoin in this price range. Trading is tough because the hardest part is sticking to discipline, and the toughest struggle is always between discipline and ideals. Meanwhile, the U.S. and Iran are still bickering, but the market seems to be showing signs of fatigue. Especially after Trump’s TACO, oil prices have started to dip slightly. The market doesn’t seem very optimistic about the chances of a significant oil price surge—at least for now. So I’m still comfortable shorting at high levels. The current floating losses don’t bother me at all, as long as the funding rate isn’t too high. My target price for WTI remains below $70. This is already the fourth round, right? Slowly starting to enjoy shorting. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all-in-one trading platform.
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