Post
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The short-term situation is a bit unclear, and I dare not act. Recently, there have been quite a few declines, and there may be a rebound or there may not be.
From a medium to long-term perspective, it is still necessary to be bearish; 75,000 is not the bottom.
I am still holding onto the previous short position; let's just leave it like this and prepare to hold for another two months. Ethereum has been taken profit; if there is a rebound, I can consider taking back the previously closed position.
The question is, when is the bottom? When you see a flood of information indicating that mining companies can't continue and mainstream mining machines are not even covering electricity costs, then it's about time to consider it the bottom. Currently, I have not seen that!
Control your hands and control your hands, don't open positions recklessly. Yes, that's it. If there is an opportunity, then open a position; if there isn't, then just lie flat.
$BTC
{future}(BTCUSDT)
From a medium to long-term perspective, it is still necessary to be bearish; 75,000 is not the bottom.
I am still holding onto the previous short position; let's just leave it like this and prepare to hold for another two months. Ethereum has been taken profit; if there is a rebound, I can consider taking back the previously closed position.
The question is, when is the bottom? When you see a flood of information indicating that mining companies can't continue and mainstream mining machines are not even covering electricity costs, then it's about time to consider it the bottom. Currently, I have not seen that!
Control your hands and control your hands, don't open positions recklessly. Yes, that's it. If there is an opportunity, then open a position; if there isn't, then just lie flat.
$BTC
{future}(BTCUSDT)