#ZECUSDT Regarding this privacy coin, I have noticed that people in the community have different logics; some are bullish, while others are bearish.
These logics are subjective. There is no right or wrong because at any given moment, the probability is 50%. As traders, we should let go of these subjectivities, as they only hinder our rational understanding of price movements.
The actual price trend is merely a battle between bulls and bears. This battle will inevitably lead to volatility and the emergence of so-called trends.
There is no need to focus on logics; we only need to pay attention to volatility, as volatility represents the price difference. The price difference is our profit.
$ZEC Zec was originally predicted to break the historical high the day before yesterday. Still, we must eliminate the idea of prediction and analysis. Because it is indeed too subjective. So I abandoned this thought and focused on the fluctuations in price.
#ZECUSDT The probability of continuing to break the previous high is high for today and tomorrow. It is not recommended to use leverage. Unless you want to take a gamble.
#ZECUSDT This trading point is a switch between long and short positions. The position at 550 is where a short position turns into a long position. There was also a stop loss during this period.
$HIFI Tonight both long and short positions have made profits.
Both long and short positions alternate, because this is the price fluctuation. There are no eternal shorts and no eternal longs. Everything is just the fluctuating price difference. You can only take one step at a time.
I am ready to read for a while and then go to sleep. Wishing everyone prosperity.
$HIFI The volatility in the cryptocurrency market is too intense... This virtual currency, which looks like it’s just one character away from 'wifi', can be shorted. If I don’t fall asleep and it reaches my desired position, I’ll short you a few.
The short position from yesterday afternoon, for now, I will hold onto it. Everything depends on the current trend; there are no absolute shorts or absolutes longs, both long and short positions are cyclical. Generally, from Monday to Friday, I focus on A-shares and US stocks.