0x桐灿

$BTC
The recent wave of weekly second wave decline at the end of January should have temporarily reached a stage bottom, but this is only a stage bottom.
Next, in February, we will see a month of oscillation repair and rebound market, from decline — to stopping the decline — to consolidation — and finally to rebound. The K-line will provide enough judgment and entry timing, just wait patiently.
—— The above is for reference.

Some short positions.
$BTC $BCH continue to hold, $PUMP $HYPE take profit and lock in gains.

On the evening of January 22, $BTC broke through the daily line and the 3-day line support, so I decisively entered the market to short, first building a primary position. On January 25, I once again reminded everyone in a small group and also sent it to the square. Here, the larger trend has already been broken, and one can build short positions within the oscillation range, watching for further downside after subsequent weak oscillations.

At that time, there was a voice in the market that I personally did not quite understand:
【Many people say that this kind of trend has no technical content, it’s just 'carving a boat to seek the moon', a trend that even a fool knows, so this time it will be different.】

My personal understanding is that the market will not cease to exhibit similar candlestick patterns; the market will not become invalidated simply because a particular viewpoint is predominant, and the viewpoint that is unique may actually be correct.
In my view, this is the subjective conjecture that lacks logic and technical content.

Moreover, this is not 'carving a boat'. A break is a break.
Do not speculate, do not gamble, do not be stubborn. Always follow and respect the market objectively and rationally; it is always right.

$BTC

During the time of not trading medium to long-term positions, I will be trading intraday short positions.
For medium to long-term positions, I take trends and gradually reduce positions to take profits; for short positions, I trade quickly with high leverage, 【never turning small into large】. I train myself to be proficient in both medium to long-term trading while also being able to trade short positions, and to harmoniously combine the two. This process involves enduring difficult training, reviewing, thinking, and establishing a trading system.

Personally, after opening full medium to long-term trend positions, I will also use the margin in my account to trade short-term positions of lesser-known assets. The speed of opening and taking profits on short positions is quick, and I don't post in small groups or on Twitter.
In fact, this is equivalent to rolling positions after leveraging the margin, but the discipline of 【never turning small into large】 for short positions is the most important; otherwise, the risk becomes too high.

In an unordered market, the directions of medium to long-term and short-term positions may not align. If I encounter a trending market, for example: after opening a full 5x leverage position $BTC , I will also trade short positions on trending lesser-known assets with a 3-5x leverage in the same direction; this is my personal 【“rolling position method”】.
The benefit of this is that it does not damage the price advantage of holding BTC positions, stabilizing more certain profits and maintaining a good mindset. At the same time, maximizing the use of margin, I trade short positions in the direction of the market trend step by step, opening one position and closing one position, without continuously increasing the risk of having an excessively high “total leverage ratio” in the account. 【Short positions must never turn small into large, and the meaning of not being greedy lies here】.

In the later stages of the market, short positions are terminated early, “first unloading the rolling position leverage”, and then starting to take profits in batches from medium to long-term trend positions, “again unloading the leverage”, leaving a very small unleveraged base position to try to capture profits in the later stages before exiting.
$DASH $AXS

———— The above sharing is for reference.

$BTC has broken the position. My personal low-multiplier long position has also stopped out and exited.
The trend here has changed, and I will no longer participate in small-level rebounds and pullbacks, staying out of the market for two days.
Waiting for subsequent rebounds to seek opportunities to establish short positions at a high.

—— For reference.

Sync with Twitter.
After closing my short position in the morning, I made another low-leverage long entry at noon on $BTC , and shared it in the small group. This position is considered as the【initial long position】.

The spike down in the morning on $BTC has not yet broken the major support line. Therefore, I personally believe there is still a chance to continue upward from here.
The ideal scenario would be to eliminate the short liquidity above 98,000, while the pessimistic scenario is that if the weekly rebound ends early here, it may lead to a consolidation and a weak daily secondary high. 【This is also the important divergence point in the current market: whether the weekly rebound will end early here】.

Therefore, I decided to enter the initial long position in a【low-leverage bottom-fishing light position】, so that I can maintain a controllable stop-loss while having a lower price advantage for protection, making it easier to respond to subsequent adverse situations.
A more prudent approach is to patiently wait and observe the subsequent consolidation situation of $BTC in the small timeframe, and enter a long position after the small timeframe consolidation breaks out.

————The above is for reference.

$BTC $ETH Empty order, has all been closed with a profit.
Thanks to the candlestick, it's another round of longs and shorts, nearly perfect.

Short position has been entered. $BTC $ETH

6 hours ago, the previous content about a pullback was simultaneously posted in the small group and on Twitter. Only my short position and subsequent entries were omitted.

I try my best to document my trades and thoughts on Twitter, but certain details about trading operations are content I believe should be reserved for members of the small group.

Not to attract people into the group—everyone is free to join or not—just for record-keeping.

Starting this year, the group size will be controlled, and my main focus will be on my own live trading.

—For reference, above.

Let's discuss the current market situation:
From the 3-day line to weekly level, the rebound's amplitude and duration of $BTC $ETH $SOL should not have finished yet.

However, this morning, some strong mainstream altcoins showed clear daily-level divergence. Also, you can check the mainstream altcoins; after BES reached a new high these two days, many altcoins failed to reach new highs, only achieving second-highest points. The overall performance has been weak, diverging significantly from BES's trend.

From my personal perspective, BES has risen too quickly these past two days, with the candlestick pattern being too steep. If it had climbed gradually in small, steady steps, the trend would have been healthier.

Therefore, my intuitive feeling is that there might be another 4-hour to daily-level downward correction structure. This is why I reduced my long positions early this morning.

————For reference only.

#TOTAL Multiple orders have been reduced, with the base position retained and the protection level pushed upward.
For reference.

Entered too much.
Once the breakout of the major and minor levels is completed here, it is most likely to see a short bullish trend rebound lasting 10 to 15 days. $BTC #OTHERS
For reference.

$SOL is currently the strongest in BES, keep an eye on it.

The ultimate of individual traders is 【bare K】. Believe me.

I've studied more seriously than 95% of people, but before that, you must systematically learn and 【practice】 Dow Theory, price action, basic order flow, Wyckoff, understand harmonics, research your own indicator system, etc. These are definitely 【necessary and useful】.
（I personally don't know anything about Gann or Chan Theory, so I didn't mention them, which doesn't mean I don't value them.）

But no matter which school of trading, their ultimate goal is always 【bare K】.
What's that feeling like? It's like 【all paths lead to one】.

Although everyone comes from different schools, we ultimately reach the same destination. On the journey to the summit, we all eventually view 【bare K】 from our own 【perspective】.

All technical schools and indicator approaches are meant to help you sketch and identify "valleys and peaks" in the early and middle stages.
Later, if you ever manage to simplify complexity, you'll realize that it's clearly written right before your eyes: "valley or peak".

Empty full set $BTC $ETH $SOL , starting batch profit-taking.
For reference.
Long positions entered at the end of December and early January, both entry and exit were satisfactory. The switch to short positions at the beginning of January was also good. The road is long, keep going!

#TOTAL has entered short position, for reference.

$BTC 94000 The pressure level is about to be reached, and the remaining long positions are also ready to be closed for profit.
For reference.