The analysis is good, well-founded, I've started to pay attention to you, post more on the square
鸡父
--
I just took on 2 long positions, and I will share my current holdings. First, I haven't closed my long-term short position (the margin decreased because the price dropped. Anyone who has done long-term short positions knows that if the margin was 10000u when building the position, and then the price was halved, even if you don't reduce your position, your margin will only be 5000u left). I just took on Bitcoin and $SOL . I didn't get $ETH ; I was hanging at 3050, and if I can't get it, then forget it.
Let me first explain the logic of my operations. 1. Why not close the long-term short position? I mentioned before, after you close it, how do you operate next? A bear market lasts 12-13 months, and it won't bottom out until October-November 2026. I built my position in October this year; why rush to close it? If you close your long-term short position now, at what level do you plan to re-enter, with what size position? Or if you were in 2022, buying long at a price of $BTC for 20000, would you close at 25000? After closing, where will you re-enter? It's the same logic.
2. The logic for short-term long positions is that I really don't believe that in November it can drop to over 80,000 in one go, a drop of 40,000 points in a month? Then Bitcoin could go to zero next year, right? Even if we take a step back, if Bitcoin really drops to over 80000, big coins at over 90000 can still break even. I can't possibly have a long position at this level that can't break even.
Then there's the question of at what position to hold. Personally, I hold short-term long positions for at least 72 hours. Theoretically, I think it should go to 107000 again, but I don't dare take it that far; I will close around 103000-105000.
#Humafinance Recently saw many people talking in Binance Square @Huma Finance 🟣 so I went to check the official website.
To put it simply, it's the blockchain version of "installment payments"—you can borrow money without collateral, especially suitable for when you're temporarily short on cash.
For example, if you want to buy an expensive programming book, but you don't have enough USDC in your wallet.
Huma will check your past repayment records (which are publicly available on the blockchain), and if your credit is decent, you can immediately borrow money to buy the book, then pay it back slowly, without needing a real person to review.
I think it has three practical benefits: Fast: Machines can complete it in minutes, no need to wait a week like with banks; Fair: The rules are all written on the blockchain, no one can tamper with them; Usable globally: As long as you have a crypto wallet, it doesn't matter which country you're in.
However, borrowing money still needs to be paid back! Although the interest is lower than online loans (as low as less than 10% annual interest), you still need to act within your means. If you want to know the details, you can search #HumaFinance
(I’ve checked the official website myself, it’s not made up)
#HumaFiance Recently saw many people discussing @Huma Finance 🟣 at Binance Square, so I checked the official website. To put it simply, it’s a blockchain version of 'installment payments'—you can borrow money without collateral, which is especially suitable when you temporarily lack funds. For example, if you want to buy an expensive programming book but don't have enough USDC in your wallet. Huma will check your past repayment records (publicly on the blockchain), and if your credit is decent, you can immediately borrow money to buy the book and pay it back slowly, without needing to find a real person for verification. I think it has three practical benefits: Fast: The machine finishes in a few minutes, without having to wait a week like at the bank;Fair: The rules are all written on the blockchain, and no one can tamper with them;Available globally: Just need a crypto wallet, regardless of the country. However, borrowing money still needs to be repaid! Although the interest is lower than online loans (the lowest is less than 10% annual interest), you still need to act within your means. If you want to know the details, you can search #HumaFinance (Official website: huma.finance I’ve checked it myself, it's not made up)
#HumaFiance Recently saw a lot of people discussing @Huma Finance 🟣 at Binance Square, so I went to check the official website. To put it simply, it is a blockchain version of 'installment payment'—you can borrow money without collateral, which is especially suitable for times when you are temporarily short on cash. For example, if you want to buy an expensive programming book but don’t have enough USDC in your wallet. Huma will check your past repayment records (public on the blockchain), and if your credit is decent, you can immediately borrow money to buy the book and pay it back slowly, all without needing a real person to review your application. I think it has 3 practical benefits: Fast: Machines can handle it in minutes, no need to wait a week like with banks; Fair: The rules are all written on the blockchain, no one can tamper with them; Available globally: You just need a crypto wallet, no distinction between countries. However, borrowing money must be repaid! Although the interest is lower than online loans (as low as less than 10% annual interest), you still need to act within your means. If you want to know more details, you can search #HumaFinance (Official website: huma.finance I have checked it myself, not made up)
Recently, I saw many people talking about @humafinance at Binance Square, so I went to check the official website. To put it simply, it is a blockchain version of 'installment payments'—you can borrow money without collateral, which is especially suitable for when you need money temporarily. For example, if you want to buy an expensive programming book but don't have enough USDC in your wallet. Huma will check your past repayment history (which is publicly available on the blockchain), and if your credit is decent, you can immediately borrow money to buy the book and pay it back slowly, without needing to find a real person to review it. I think it has 3 practical benefits: Fast: Machines handle it in a few minutes, no need to wait a week like at banks; Fair: All the rules are written on the blockchain, and no one can tamper with them; Usable globally: Just have a crypto wallet, regardless of the country. However, borrowing money needs to be repaid! Although the interest is lower than that of online loans (at least less than 10% annual interest), you still need to act within your means. For those who want to know the details, you can search for #HumaFinance. (Official website: huma.finance, I've checked it myself, not just making it up)
Excuse me, I saw a screenshot in the square yesterday, which was a screenshot of short selling and long buying in the market. The screen was very red, showing that most people were short selling. May I ask what app can display this?
No one family dominates the dog farm, there are many farms, and the farms are eating the farms, how can eating retail investors be as satisfying as eating the farms
马上封侯
--
When everyone is shorting, if I were the market maker, I would definitely pull back to above 110,000 within three days! Let's see a triple top.
According to the rising trend line I drew myself, it has been broken. Initially, I thought that if it didn't break, it would still be bullish. Now that it has broken, the rebound doesn't have much strength. Today, it tried to hit 2550 but couldn't hold, and it went down again. In this kind of market, I don't want to go long anymore; it's faster to make money by going short.
Last time, I thought if it pulled back just above 2400, would I dare to take a long position? Now I'm really afraid it might continue to drop. Sometimes a bear market just slowly brings you down and gradually oscillates lower, referencing from 4000 down, and then suddenly makes a big move that can't be recovered.
I'm almost out of bullish faith. Who still has bullish faith? It seems I can only do short-term trading recently; the market conditions are not good for trading. The bearish setup is even more reliable 😂. $ETH {future}(ETHUSDT)