bnbchain.

#特朗普马斯克分歧 Thank you to Trump and Ma for their mutual criticisms last night, which allowed me to close my short position that had been open for a month!

Although their factors contribute to the decline, from a technical perspective, a correction in Bitcoin is inevitable. Even without their mutual attacks, I believe a drop was merely a matter of time.

From the 4-hour structure, we can see this is a definite downward channel. Each rebound reaches a lower high, and each drop hits a lower low, which is called a downward expansion pattern. Recently, whether it's ETFs or otherwise, I've noticed that funds are flowing out. Just yesterday, BlackRock increased by over 2,700 units, and the funding has been in an outflow state for the past 7 days. I still believe that 110,000 is the double top on the weekly level and also requires a downward adjustment to expand the triangular pattern.

Regarding the current market situation, I still believe that every rebound is an opportunity to go short! It's an opportunity for spot traders to escape. A couple of days ago, I warned everyone about the outflow state of funds and suggested going short, and quite a few people mocked me and laughed at my short position. I think that's unnecessary. Holding my positions is my own business—whether I profit or lose doesn't require you to bear it for me, and if I profit, I won't share it with you. Engaging in contracts is inherently a risky investment, with both losses and gains; however, as long as position control is good, the shorts will always profit...

The upcoming strategy can refer to

The 15-minute line is currently a rebound of wave B. As long as wave B does not exceed yesterday's intraday high of 105,848, it will continue to decline, forming wave C down.

BTC contract strategy: Go short around 104,000 with 10x leverage and 20% position size. Stop-loss: 107,200. First take-profit level: 100,333. Second take-profit level: 97,600.