Let's talk about the pancake again. Last night, there was an opportunity to go long, and the market indeed approached around 85000 below. I posted at that time, the general idea was to observe whether it could stabilize near the trend line.
However, I did not participate in this trade.
First, I held a long position in SUI and did not have enough margin.
Second, I felt the price was still a bit off; my expected entry target was just below 85000, and the lowest price only reached 85200. I was not very satisfied with this price and chose not to participate.
If I had participated, I would currently have taken all profits and be in a state of waiting with no positions.
Currently, in the short term, I do not see any good trading opportunities. It’s best to wait with no positions and try not to short, as the risks are very high.
