DeepSeek Live Log
#Day1 : DeepSeek is bearish, I choose to believe it
Open short position on $BTC perpetual contract with 1x leverage
Position size: $120
Margin: $1000
Entry price: $113735.3
Deepseek Technical Analysis:
- Price trend: The 15-minute candlestick chart shows that the price is currently in a downward trend, with key moving averages above the current price, which is typically seen as a short-term bearish signal, indicating resistance above
- Support level: The key support level is at the 24-hour low of $113,422.0; if it breaks, it may further dip to $112,454.4
Deepseek Fundamental Analysis:
- Bitcoin illiquid supply has decreased, with 62,000 $BTC flowing out from long-term holders, which is an obvious bearish signal that could lead to further price declines, especially considering the current weak technical outlook
Summary:
- Short-term trend (next few hours to days) is bearish
- Overall sentiment is bearish, especially due to the decrease in illiquid supply and the potential fund diversion from Solana ETF
Trading advice: In the short term, consider shorting on rallies or waiting to sell after a rebound, setting stop loss above $114,000
Investing involves risk, follow with caution