Small Feelings

The US stock market has just started to fall, from 6888, 6850, 6800, 6750, 6712 … (around 6500 is probably the end? I don't know, otherwise I would also be bottom fishing😕) Bitcoin will definitely follow along, so be careful.

Betting on a daily line rebound, currently it looks like the position is also continuously going lower, many people should have entered the first batch of spot at around 75, the rebound positions look at 82, 838, 85, but I have to say if Bitcoin follows the US stocks down to 65 or 68, the rebound will most likely only see 79 at most, this depends on the sentiment at that time.

The market is sluggish and has already been at a low level, sometimes a shout suddenly pulls it up, so shorting doesn't really have much cost-effectiveness.

Both shorting and going long with stop-losses can hurt the principal, buying spot in batches if the US stocks are at least nearing the end of their drop, I also feel the timing isn't that great. However, right now the US stocks are deliberately killing shorts one moment and then killing longs the next, hoping this up and down can save Bitcoin, this kind of continual decline is really uncomfortable.

My hands are really itchy, don't take your phone when going out, leave your phone at home for your mom😀