That big sell order (short position opening order) has

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That big sell order (short position opening order) has finally been filled.
Right now, the price level is tricky for both longs and shorts,
- Going long feels off, especially since a hefty short position just got executed.
- Going short, we're still in an uptrend, and we just didn't even break the EMA200 on the five-minute candlesticks, overall it still seems a bit bullish.

Just gotta keep waiting and see if we can catch a decent entry opportunity
#BTC $BTC

一刻YiKe

Did you hit the short wall of the billion target guy Jason? A deep dive into a BTC short-term long position stop-loss

Logic: Bullish trend, speculating that this large order on the order book might get filled, and from the five-minute candlestick, it looks like the pullback is about done, so there could be a small surge.

Result:
- This large sell order was partially filled before it started to drop, my logic was invalidated.
- This small dip was likely caused by the call effect from Jason60704294 on X.

Next plan: Until this super large order near the order book is either canceled or filled, I won’t consider going long. Before any clear signals, the next entry should be at least an hour apart.

Specific thought process: At the order book, I saw a familiar large sell order around 2.5k BTC, and the price was flatlining here for about 30 minutes. I guessed this could very likely be the short position opening from the billion target guy on X (after I closed my position, I checked on X, and it was indeed him, he’s shorting). Since it didn’t drop immediately and the five-minute candlestick showed it was about done pulling back, combined with the order distribution, there was significant upward potential, so I tried opening a long position.

#BTC #日内交易 #复盘 #止损 $BTC
#YiKe

Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.

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