Although the market still hasn't broken out of its range this week, and quickly pulled back after rising, on Monday and Tuesday the lowest BTC pulled back to was around 85,000—so you could have entered long there. Last week, you could easily have picked up longs near 83,000! The pullback lows are rising, while the highs where rallies meet resistance are also gradually edging higher. Isn't this sideways action instead of a decline, with repeated shakeouts meant to lure in bears and shake bulls out of their positions?
Leaving last week aside, Zhongliang kept telling everyone to buy the dips at 84,000, 83,500, 83,000, and 82,500. No matter which level you entered at, you could undoubtedly have made a profit. Over the past two days, the longs he called at 85,500 and 85,000 could also have made a profit. If you were trading short-term, you would have taken profit and gotten out long ago. For long-term traders, the long entry near 83,000 last week offered the best value!
It's the same with ETH. Last week, he called for buying the dips around 2,670–2,650, and those trades were undoubtedly profitable. This week, the longs he called at 2,700 and 2,680 could also have made a profit, and those positions aren't trapped—so there's absolutely nothing wrong with these long trades!
I don't deny that those who kept shorting at higher levels could also profit in this range-bound market. There's no need to assume that going long is a problem just because your shorts made money. Long or short, what matters is making a profit. Longs and shorts have always complemented each other and helped each other succeed. In this market, prices rise and fall, and no matter how the market moves, some people will make money while others get liquidated! Stay rational and remain humble before the market! #币安推出BinanceIntelligence $BTC
Leaving last week aside, Zhongliang kept telling everyone to buy the dips at 84,000, 83,500, 83,000, and 82,500. No matter which level you entered at, you could undoubtedly have made a profit. Over the past two days, the longs he called at 85,500 and 85,000 could also have made a profit. If you were trading short-term, you would have taken profit and gotten out long ago. For long-term traders, the long entry near 83,000 last week offered the best value!
It's the same with ETH. Last week, he called for buying the dips around 2,670–2,650, and those trades were undoubtedly profitable. This week, the longs he called at 2,700 and 2,680 could also have made a profit, and those positions aren't trapped—so there's absolutely nothing wrong with these long trades!
I don't deny that those who kept shorting at higher levels could also profit in this range-bound market. There's no need to assume that going long is a problem just because your shorts made money. Long or short, what matters is making a profit. Longs and shorts have always complemented each other and helped each other succeed. In this market, prices rise and fall, and no matter how the market moves, some people will make money while others get liquidated! Stay rational and remain humble before the market! #币安推出BinanceIntelligence $BTC
