Recently, I've seen many people commenting on short-term and long-term contracts, so let me share my thoughts.
I want to talk about the fact that making a thousand points or several hundred points in short trades is actually the same as long-term trading. As shown in the figure below, in the current volatile market, is it possible that higher time frames won't have volatility (four hours)? Of course they will!
In fact, whether you are trading on a short time frame or a long time frame today, the most important thing is whether you have made or captured the price you should have during this upward or downward phase. If you want to earn more, it’s better to open a big position with 1000 points and 100 bitcoins than to hold onto 1 bitcoin for a long time and then when it really goes up, do you think short trading earns more or long trading?
Still the same saying, as long as you can make money, whether short or long, that's your skill.
Also, never get attached to these coins! Otherwise, you might just hold on forever! Unless you bought from a few dollars to 40,000 and are still holding, personally, I advise against getting attached, after all, money in your pocket is the truth!
Let's talk about the current market. Have you noticed that there haven't been any new lows in the last few days? The market is fluctuating, similar to the situation in April when it bounced up after the fluctuations!
When you can understand the layout, the K-line trends arranged by the dog fund are almost the same.
However, it still hasn't stabilized around the resistance at 93-94. I still feel it's dangerous; once it stabilizes, we can look upward again.
On the news front, next week is the interest rate cut day, I personally think....... the rally is not far off!
