After the Bitcoin market changed, it fell easily and directly liquidated more than 500 million US dollars in long orders! This shows how high the market's sentiment for chasing the rise is! Many people don't know that the essential logic of trading is to follow human nature, which is actually against human nature!

After the Bitcoin market changed, it means that it began to fall. The extent of the decline mainly depends on how much it rose before and how it rose. Now, the decline has just begun!

Many people know that the Federal Reserve has cut interest rates normally, Trump has won the election, and Musk has also taken off, but their benefits will be overdrawn sooner or later, and will return to the market consensus price that Bitcoin should have. At least I don’t think that more than 85,000 is the normal price of Bitcoin at this stage. 75,000 is normal!

Regardless of the perspective of rise and fall or the profit and loss ratio of long and short orders, there is no problem with shorting Bitcoin near 90,000 at this stage. The space for rise and fall is completely not at the same level, not to mention that it is now in a downward trend.

If 90,000 is not broken, shorting will have an absolute advantage. Although I have taken measures to cover positions and increase margin, I have finally completed the layout of high-level shorting. The average price has reached around 88,000. The first target of 85,000 has reached the profit of some positions. The second target is around 83,000. The commission has been made. Whether it is easy to reach or a pin market, this point profit is also very cost-effective!

If it is a pin market, then wait for the next decline to clear all positions. If it is a gradual decline, there is still a lot of room for decline. A small part of the position can continue to be held. All positions can be closed around 81,000 to stop profit and end this trading strategy.

This time, there is no complete bottoming out and stabilization. There is no shock market. The risk of going long in the short term is still very large. It is better not to do it than to operate blindly. Anyone in the trading market can win, but cannot afford to lose!