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The BTC trading opportunity is about to arrive! When it gets here, I will short it hard!
As shown in the figure, Bitcoin is in a descending channel, and the top near 118,000 is a relatively good position to short, with a decent chance of success.
Today Bitcoin has reached 117,600 here, just a little bit away from my entry point, which is quite a pity. However, I am not in a hurry, just hanging on, as the market might come back with a counterattack. Let's send the bulls off here and pay attention to false breakouts.
The above is about short positions, and as for bottom fishing, we can wait for a negative funding rate. I just mentioned that we won't be acting recklessly at the top or the bottom; we will always follow trading logic.
Newbies see the ups and downs in the crypto world and think it's all random or based on luck, but I can tell you clearly that it's not. Money made by luck doesn't last long; Shuqin has been able to survive in the crypto space for so many years because of solid fundamentals, leading everyone to open positions every day~