When the market opened today, Monday, some people were probably scared again, but the market was indeed not going well and started to fall.
I have to give you a reassurance. The first support level is 26,500 US dollars, the bull-bear dividing line is 25,000, and the extreme waterfall is around 20,000. There should be a lot of institutional buy orders below.
Can you short sell? Of course you can if you are willing to take risks in the short term, but don't get too excited, because it is a counter-trend order, and you must set a stop loss. Many people hate stop losses, or don't know how to set a stop loss. This is indeed a technical job.
If the stop loss is set too small, it is often easy to be swept away. If the stop loss is too large, it loses its meaning. If you lose too much every time, you will definitely be forced to leave the market if you continue to trade for a long time. This has been proven time and again. Don't be unconvinced, this is the path that the group leader has taken.
Most newcomers who have just come into contact with futures contracts trade based on their feelings and have not solidified their order placement patterns. Once a habit is formed, it is difficult to change it. For example, some people are used to looking at a one-minute cycle, some are used to looking at a one-hour cycle, and some are used to looking at the daily line. Is it wrong? In fact, none of them are wrong.
Trading discipline is actually the operating rules, and execution is what distinguishes masters from ordinary retail investors. For example, when you ride an electric bike to an intersection and encounter a red light, even a three-year-old child knows to stop and wait.
But you see someone riding right past the red light, as if mocking those waiting for the red light. Most people will still stick to the rules, but suddenly someone else runs the red light and saves time. Others will probably be confused, wondering who is right and who is wrong.
When the third person runs through, I think most people will say in their hearts: screw it, just run through it. Then you will see the scene of everyone running the red light collectively.

There is a fool waiting for the light to turn green at this intersection. That person may be the leader of the group. Because in my heart, trading discipline is more important than anything else. So when you make an order, it can reflect a person's personality. For example, people who are impatient and unwilling to admit defeat may make frequent trades. When you make too many orders in a day, you have already lost in terms of probability, even if you know many methods and strategies.
At present, Bitcoin has entered a low volatility market this year, which really tests people's patience, especially every weekend, it is sideways, as if it is tasteless and a pity to throw it away. Therefore, at this time, only quantitative is equivalent to the bonus period of mining that year. Although this is a track that very few people can understand, the AI algorithm intelligent robot speculation is an unstoppable trend.
I saw an institution on Wall Street say that the real big market may not officially start until July. So this month, it is possible to squat for a while, and it is actually better to have a rapid waterfall flow, which in a sense is to attract people who play spot trading.
Are many people about to give up? The dog dealer routine has entered the "Kill Kill, Dance Dance" segment. Will this summer be a Defi summer in advance? Then will the summer of 2023 be the climax of the intelligent AI quantitative concept drainage?
