Next, just hold this long position for now and wait for the market to rise by around 50 points, then set stop-loss to secure breakeven.
At the moment, the market and data do not yet support us to anticipate a black swan scenario. If there’s a violent surge and it breaks above 3000 and reaches around 3200-3280, then we’ll watch for signs of a potential top. Because once it breaks 3000, it’s highly likely that many people will start viewing it as a bull market—at that time, when the rate of longs entering becomes疯狂 (crazy high), that will be the right moment for us to start probing for the top.
Assuming there’s still remaining position for Bitcoin longs, take profit on all remaining positions. For Ethereum longs, immediately stop-loss and exit, then wait and observe. Reason: I don’t understand it, so I’ll wait and observe.
10-2 This market is giving me a good laugh—I got trapped in it, like a monkey. Good thing I spent last year building a robot; trading has been so much easier for everyone, and we can even secure an edge in the chips. Otherwise, this market would have everyone dizzy. Right now the bears are also confused. The 2800 short position has probably already been closed at break-even to limit losses. Today the bears’ average holding time dropped by 19% 😂 The bulls are also confused. They don’t even dare to chase longs. As for those shorts that flooded in on September 29th—packed in so densely—their high leverage was basically swept away across the board.
Trade is like believing in cause and effect. Once you start believing in cause and effect, you won’t want to get involved in a complicated life. Keeping a clean field of energy is the greatest blessing. I stand within cause and effect, calmly waiting for everything to reach its proper time. What’s meant to come will come; what’s meant to disperse will have its own ending. I live an empty-hearted day by day, letting things follow fate—without getting entangled in disputes, without clinging to gains and losses.
Everyone took profit on their Bitcoin long positions, so you don’t need to keep holding them anymore. Now, hold your Ethereum long positions and wait to take profit around 2850;
At the moment, the 2750 short orders are heavily placed and have already been eaten by the shorts. An upward move of around 100 points should be fine. $ETH
Everyone, your Bitcoin long positions: take profit now and step out to observe while waiting. As for Ethereum, assuming there is a short setup, it’s a good thing that the dense short orders are sitting just below the level😂 This is really tight control—it's “skillful,” not letting the 2750 shorts enter. The next time it touches again, it’s likely going to be a big bullish candle.
Unbelievable market action, unbelievable data. Everyone: Bitcoin 83300 long positions—now add a break-even stop loss; If the price touches the break-even stop loss, exit immediately and wait.
A surge is about to begin soon. Add an Ethereum long position, with a take-profit target around 2850. Reminder: The Bitcoin 83,300 long stop-loss remains unchanged at 82,300, with a take-profit target around 90,000. If the Ethereum long position gets stopped out, then continue holding the Bitcoin long position.$ETH
It doesn’t matter how disgusting the screen looks on 9/30, because we can choose not to look 😂 Everyone holding long positions on the 83,300 Bitcoin—set your stop-loss at 82,300. For now, if the data doesn’t reach around 90,000, we won’t consider exiting.
Bitcoin looks around 90,000. For those holding long positions, make sure you keep steady and set a stop loss properly. The current market bearish sentiment is simply unbelievably stable—there could be a bullish breakout with an advance of more than 5% at any time. $BTC
9-29 See if you can make everyone’s Bitcoin get washed out of the market. This market is really bullish. As long as you can’t wash it out, everyone will take profit at 90,000.
9-29 This market is really something—I've still not finished my late-night snack, and I'm already back washing up again. Bitcoin stop-loss is still 82300; keeping it unchanged. I won't leave the trade unless the stop-loss gets triggered.
Everyone just holds onto Bitcoin. Although the Ethereum bears have lured us into talking tricks again 😂 But based on the current market, holding Bitcoin is more stable—just be patient and wait for it to rise to 90,000.
Currently shorts have entered, but we all have more Bitcoin 😂, to trap them. Ethereum long positions were stopped out for breakeven and washed off, but currently everyone’s Bitcoin long positions are also in profit.
Today, everyone’s ETH long positions: you can set a break-even stop and then patiently wait for the price to rise; The party that’s lending with leverage is really precise—there are lots of buy orders clustered at 2630, and they just won’t go touch it 😂 I still have a bit of something to take care of, so today’s update will be delayed to around 9.30, and I’ll do the live stream right before the US stock market opens. Thanks for waiting, see you in a bit.
9-28 It was already 5 o'clock. I thought it was going to blow up😂 Everyone, take a good rest. We'll look at the market again tomorrow. Right now, it's still mostly about building bearish sentiment.