Today! I have made an important decision. I'm going to go all-in on Bitcoin! Is the top already approaching?
1. As shown in the chart, Bitcoin's daily level is already approaching overbought, and the top is very close. Every time BTC enters the overbought zone, it has been a stage top with significant pullbacks. So where should we short this time?
2. I plan to enter in three batches, each with 10% of the position, using 2x leverage. Currently, around 78.5k-79.5k is a good first entry short position, then the next resistance is around 81.5k. It may not reach that level, but you should be prepared in advance.
3. Because although various indicators are nearing the top, the US-Iran talks haven't been officially settled yet, and there might be another rally. But the current price is also good, and I don't want to miss this opportunity, so I choose to enter in batches. If it really pulls back, the decline could be large. Don't worry about being caught at 78k; even if you shorted at 75k, you can still profit when it recovers.
3. I think, compared to chasing the very tip of the short, I'm more afraid of missing the high and not being able to short, missing the current high position. Because even if caught, it's only temporary; I'm mentally prepared for that. Our previous short position at 78,500 has already fallen to 76.8k for take profit. Fully loaded with bullets, it's time to consider reloading for a long-term low-leverage position.
4. Besides, I have 20-30% of my position in crude oil (CLUSDT) short positions to hedge against my BTC position when the price rises. Good news from US-Iran talks will push BTC up and crude oil down, providing risk hedging. If the talks are finally successful, BTC might rise about 3%, and the short positions I entered will be just right. Then, after the good news is exhausted, the price will start to fall. Meanwhile, crude oil could plunge 10-20% due to the end of the war, resulting in significant profits and risk hedging.
5. The logic for crude oil is very simple: it will eventually return to a normal value of around 70-80. I plan to short around 95, 100, and 105, as crude oil's movement is negatively correlated with BTC.
6. These two can form a good investment portfolio, using low leverage. Because this is a medium- to long-term layout, there may be some fluctuations before the final result. Avoid high leverage; proceed gradually. Be prepared before the opportunity arrives!
1. As shown in the chart, Bitcoin's daily level is already approaching overbought, and the top is very close. Every time BTC enters the overbought zone, it has been a stage top with significant pullbacks. So where should we short this time?
2. I plan to enter in three batches, each with 10% of the position, using 2x leverage. Currently, around 78.5k-79.5k is a good first entry short position, then the next resistance is around 81.5k. It may not reach that level, but you should be prepared in advance.
3. Because although various indicators are nearing the top, the US-Iran talks haven't been officially settled yet, and there might be another rally. But the current price is also good, and I don't want to miss this opportunity, so I choose to enter in batches. If it really pulls back, the decline could be large. Don't worry about being caught at 78k; even if you shorted at 75k, you can still profit when it recovers.
3. I think, compared to chasing the very tip of the short, I'm more afraid of missing the high and not being able to short, missing the current high position. Because even if caught, it's only temporary; I'm mentally prepared for that. Our previous short position at 78,500 has already fallen to 76.8k for take profit. Fully loaded with bullets, it's time to consider reloading for a long-term low-leverage position.
4. Besides, I have 20-30% of my position in crude oil (CLUSDT) short positions to hedge against my BTC position when the price rises. Good news from US-Iran talks will push BTC up and crude oil down, providing risk hedging. If the talks are finally successful, BTC might rise about 3%, and the short positions I entered will be just right. Then, after the good news is exhausted, the price will start to fall. Meanwhile, crude oil could plunge 10-20% due to the end of the war, resulting in significant profits and risk hedging.
5. The logic for crude oil is very simple: it will eventually return to a normal value of around 70-80. I plan to short around 95, 100, and 105, as crude oil's movement is negatively correlated with BTC.
6. These two can form a good investment portfolio, using low leverage. Because this is a medium- to long-term layout, there may be some fluctuations before the final result. Avoid high leverage; proceed gradually. Be prepared before the opportunity arrives!
