Today really is when the hard mode is turned on.
After 8:30 PM, gold surged up in a burst.
Then BTC followed suit and surged too—
very aggressively—pushing up almost all the mainstream coins in a wave.
However, after 8:45 PM, gold started to lose momentum.
After 9:30, gold even went straight down, not looking back.
This also caused Bitcoin to quickly dump right after the U.S. stock market opened.
At that time, the mainstream coins were all dumping too—
strongly, very violently—
and it wiped out the long (bullish) trend that had just been built.
Around 9:00, I saw BTC moving up very aggressively.
Just based on price action alone,
BTC had already formed a breakout-from-the-range kind of move.
And I went long as well, taking a basket of mainstream coins.
When BTC was rapidly dumping,
I felt the short sellers were still very dominant.
So when there was a rebound, I cleared out all my positions.
In short: recently, it really is hard mode.
It’s hard not to get shaken around with the market.
The core is to have the determination to correct mistakes in time.
I just hope the recent wear and tear can be a little less.
After 8:30 PM, gold surged up in a burst.
Then BTC followed suit and surged too—
very aggressively—pushing up almost all the mainstream coins in a wave.
However, after 8:45 PM, gold started to lose momentum.
After 9:30, gold even went straight down, not looking back.
This also caused Bitcoin to quickly dump right after the U.S. stock market opened.
At that time, the mainstream coins were all dumping too—
strongly, very violently—
and it wiped out the long (bullish) trend that had just been built.
Around 9:00, I saw BTC moving up very aggressively.
Just based on price action alone,
BTC had already formed a breakout-from-the-range kind of move.
And I went long as well, taking a basket of mainstream coins.
When BTC was rapidly dumping,
I felt the short sellers were still very dominant.
So when there was a rebound, I cleared out all my positions.
In short: recently, it really is hard mode.
It’s hard not to get shaken around with the market.
The core is to have the determination to correct mistakes in time.
I just hope the recent wear and tear can be a little less.