Last night everyone was waiting for the interest rate cut good news, but I went short on ETH.
Because I know that when everyone knows the good news, it often means the market will drop when it actually arrives.
The interest rate cut has long been absorbed by the market. The Fed's 25 basis point cut was already priced in. Once the news is announced, it’s just the right time for profit-taking. What I'm looking at is not the good news, but the awkwardness of no one stepping in after the good news is realized.
The market is too inflated right now, it's very dangerous. I’m looking at the data, the current contract open interest is frighteningly high, and there are leveraged long positions everywhere. At this time, it is particularly fragile; any minor pullback could trigger a chain liquidation, causing a downward spiral. What I fear is this collective panic of forced liquidations.
This is my position, with the entry point, position size, and stop loss all clearly defined. I’m trading the trend, betting on a high probability of a downward direction.
Now, the market is moving according to my expectations. What I want to say is that in this market, when everyone is crowding to one side, you need to have the courage to think differently from them. Don’t just listen to stories; pay more attention to solid data like open interest.
Making money in a bull market requires courage, but at critical moments, being able to stay calm against the crowd is what allows you to make real money.
The next godly trade I will target is a promising altcoin, expected to explode to about 5 times, those looking to recover losses, come on! What’s the code?
Want to flip your position? Want to recover losses? 聊天室 gathering, this wave will take you to position for the main rise of the bull market! With quality resource support. @Alpha金手指
