It's just about how much you can counterattack. Brother Nine will share the meat with you, so you can talk more if possible.
Old九歌
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$BTC Trading is a mathematical problem, focused on cost-effectiveness ~~~~~~~~~~~~~~~~~~~~~~~~~~~ Trump is about to take office, ETF bought 700 million! Why short at this time?
The first point is: look at the chart; continuous rise; not even a decent one-hour pullback, just going up directly?
Although the drop in 89 made the vehicle lighter, after a quick jab, many people will still short at 99! Because according to the pattern in the chart below compared to the rise on the left, it indeed hasn't completed!
The second point is the issue of cost-effectiveness; the essence of trading is a mathematical problem, not a dialectical political issue; going long at 90, and shorting at 99 is clearly easier to calculate, who dares to hold a contract at 150,000? Based on having inventory in the spot market, continuing to hold full long positions? A single explosion can be devastating!
Tonight at 8 PM is crucial, and also the U.S. stock market opens at midnight, the position of 972-968 still needs to be touched, liquidate part of the short position when it retraces this range, even if it rises again, hitting stop-loss would still not be a loss!
Moreover, Japan was discussing whether to raise interest rates two days ago; the last time Japan raised rates was on August 5, this time it could be January 24. The only favorable factor at this moment is indeed Trump taking office on January 20, just four days away, two trading days! Maintain good position risk and don't let yourself fall into danger!
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