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The decline is very smooth. I took profits on three-quarters of the positions for the short orders of $BTC and $ETH here, leaving a small position to continue holding.
As for my overall trading strategy moving forward, let me share with everyone:
This week, I expect a minor adjustment, but I believe the larger upward trend is not finished yet, so I am treating this short order as a medium-term position without a larger framework. If there is a subsequent pullback that stabilizes, I will follow the original plan to open long positions again, aiming for a new high of 79,000.
In my view, $BTC should not break the white support line with a solid bar; at most, it can briefly break below and then recover.
If a solid bar breaks below the white support line, it may indicate an early end to the larger upward trend; in that case, I will promptly adjust my strategy, waiting for a pullback to re-enter short positions, aiming for the larger short positions of 70,000 to 55,000.
From last Friday to this Monday, I firmly held onto long positions between 70,000 and 74,000, and I took profits cleanly on Monday; by Tuesday, I opened short positions again and made a profit between 74,000 and 70,000.
Compared to those who returned to the original point after holding long positions last week, I have effectively captured two segments of the market, and I am quite satisfied with that.
——————The above is for reference.
As for my overall trading strategy moving forward, let me share with everyone:
This week, I expect a minor adjustment, but I believe the larger upward trend is not finished yet, so I am treating this short order as a medium-term position without a larger framework. If there is a subsequent pullback that stabilizes, I will follow the original plan to open long positions again, aiming for a new high of 79,000.
In my view, $BTC should not break the white support line with a solid bar; at most, it can briefly break below and then recover.
If a solid bar breaks below the white support line, it may indicate an early end to the larger upward trend; in that case, I will promptly adjust my strategy, waiting for a pullback to re-enter short positions, aiming for the larger short positions of 70,000 to 55,000.
From last Friday to this Monday, I firmly held onto long positions between 70,000 and 74,000, and I took profits cleanly on Monday; by Tuesday, I opened short positions again and made a profit between 74,000 and 70,000.
Compared to those who returned to the original point after holding long positions last week, I have effectively captured two segments of the market, and I am quite satisfied with that.
——————The above is for reference.