$ORDI
In an atmosphere where everyone is generally bullish, I would like to share my reasons for choosing to open short, in order to provide a different perspective.
Precise profit taking and strategy adjustment: Early this morning, based on market dynamics, I closed my ORDi (assumed to be a certain cryptocurrency or token) short position in advance and successfully captured a round of expected returns. Subsequently, I keenly predicted that the ETH price would see a rapid correction, and set the target range at 2670-2650 US dollars. This prediction was verified by the market that night. Interestingly, although I initially thought that the correction might not be so rapid, the market trend proved that my initial judgment was too conservative, so I quickly covered my short position after confirming the signal, further strengthening my short position. It is particularly worth noting that ETH has touched this preset callback point many times, showing strong support and resistance conversion characteristics.
Precursors of a major market reversal in Bitcoin: Turning my attention to Bitcoin, the market leader, I conducted an in-depth analysis of its historical trends and discovered a remarkable pattern: the eve of any major market reversal is often accompanied by an unexpected deep dive. , the so-called "pin insertion" phenomenon. Not only is this pin unusually strong, but its bottom position often exceeds consensus market expectations. To illustrate this point more visually, I have attached relevant charts as supporting evidence.
Short position layout based on understanding: Based on the above analysis, I made the decision to open a short position. Tonight's market performance was just as I expected. The price rebounded to my preset resistance area, which verified my judgment. This is not a blind following of trends or random guessing, but a conclusion based on a deep understanding and detailed analysis of market trends.
In short, under the current generally optimistic background of market sentiment, my choice to open a short position is not a blind move against the market, but based on in-depth insights and rational judgments about market trends. I believe that only by maintaining independent thinking can we move forward steadily in a complex and ever-changing market.