I just took profit at 97200, selling out Ethereum, SOL, and some smaller altcoins simultaneously. Let me briefly outline the general plan ahead.
1.$BTC short position will start entering from 99500. There are two operational strategies for this short position.
1.1. Start building a medium-term short at 99500, close the short and go long at 87300, add to long position at 85555, and close the long at 99500. Then, gradually build a long-term short position in a pyramid pattern between 100000 and 105000, with a target profit at 58500.
1.2. Start building a long-term short directly from 99500, with gradual entries in a pyramid pattern between 99500 and 105000. The only difference from 1.1 is that you go long at 87300 but do not close the short. The expected profit target for the long-term short remains 58500.
2. The weekly wave starting around 84500, its first daily-level upward move, is nearly complete. Following a daily-level correction, another daily-level upward move is expected. In short, regardless of where the correction reaches by late January or early February, it's highly likely that the high point from January will be broken by mid-to-late February.
Medium-term operations can be flexible, but the key is to have the long-term short positions in place before the end of February.
3. Handle $ETH and $SOL in sync with Bitcoin operations. If you really want to place orders... forget it, just follow my entries.
4. The core idea for January is still to go long on pullbacks, as the larger weekly upward wave is not yet complete, and a high point in February is highly probable. Therefore, short positions may not be feasible, but a long position should be established if the market retraces to 87300.
5. The current price levels are somewhat idealized; actual execution may not go as planned. Ultimately, my real-time actions will be the main reference. I will post updates once I enter short or long positions.
6. Tomorrow, I'll be in Qu Shui Lan Ting, Hangzhou, with my partner. If anyone else is there, feel free to share your location in the chat room so we can meet up.