Yesterday, we took a short-term long position in Bitcoin and came away with a pretty decent profit. Too bad it didn’t break out and develop into a bigger trend. We’ve now closed the entire position in profit.
Honestly, this market move was pretty interesting. When I checked the charts in the morning, I felt there might be an opportunity. Bitcoin had been hovering around a key level for quite a while, and volume was gradually picking up, so I decisively went long in the afternoon. That evening’s rally was impressive—the unrealized gains looked great on paper. But we’re not greedy; when it’s time to exit, we exit. There was resistance overhead, after all, and price had tried several times to break through without success, which showed that the bulls were still lacking a bit of strength.
Some friends asked why I didn’t hold on a little longer—what if it had broken through? Guys, the biggest trading mistake is getting caught up in “what if.” We make money on what we understand. Whether it breaks through is up to the market, not something we can bet on. From entry to exit, we timed this short-term long pretty well. I’m satisfied.
For now, I’ll wait and see whether Bitcoin can hold at the support below. If it retests and confirms that level, there may be another chance to get back in. There are opportunities in the market every day, so there’s no need to rush this one. This short-term long ended perfectly—tonight I’ll treat myself to an extra chicken leg. See you at the next market move.
#CPI前瞻，12月利率走向迎关键考验 #比特币连续五周下跌 #比特币现货ETF连续三日净流出2.01亿美元 #加密市场24小时清算达11.6亿美元 #BTC走势分析 $BTC
Honestly, this market move was pretty interesting. When I checked the charts in the morning, I felt there might be an opportunity. Bitcoin had been hovering around a key level for quite a while, and volume was gradually picking up, so I decisively went long in the afternoon. That evening’s rally was impressive—the unrealized gains looked great on paper. But we’re not greedy; when it’s time to exit, we exit. There was resistance overhead, after all, and price had tried several times to break through without success, which showed that the bulls were still lacking a bit of strength.
Some friends asked why I didn’t hold on a little longer—what if it had broken through? Guys, the biggest trading mistake is getting caught up in “what if.” We make money on what we understand. Whether it breaks through is up to the market, not something we can bet on. From entry to exit, we timed this short-term long pretty well. I’m satisfied.
For now, I’ll wait and see whether Bitcoin can hold at the support below. If it retests and confirms that level, there may be another chance to get back in. There are opportunities in the market every day, so there’s no need to rush this one. This short-term long ended perfectly—tonight I’ll treat myself to an extra chicken leg. See you at the next market move.
#CPI前瞻，12月利率走向迎关键考验 #比特币连续五周下跌 #比特币现货ETF连续三日净流出2.01亿美元 #加密市场24小时清算达11.6亿美元 #BTC走势分析 $BTC
