I said don't short, don't short, buy the dip, but I just can't persuade those self-righteous shorts.
If you can't even see this trend, you really shouldn't trade contracts. Such a huge volume breakout rally, how could it just fade away?
Even if Bitcoin $BTC and Ethereum $ETH can't break through $82,788 and $2,600 respectively, it’s enough to wear you down by oscillating between $2,380 and $2,550, draining your funds.
Tonight, if you look back, the weekend low was $2,405 with sideways movement, but tonight, in just one night, it pulled back to $2,527. That's how simple a rally is, feeling no pressure at all.
Actually, a breakout is the same. It's not that it can't be pushed up; the funds are waiting for an event, a moment, a catalyst, or some positive news to follow the trend.
Why wait? Why not just push? Because with event-driven or positive news, the market becomes lighter and easier to push, so funds can gain more profit without spending a lot to push it themselves. Waiting for the market to collectively lift it means the initial positions gain more floating profit since the rally uses less capital, naturally lowering the cost.
There might be an event about to happen that we all don’t know yet. Whether from the market, technicals, or capital inflow, I always feel this rally is not simple and won’t be a small move.
Be patient, this will be a spectacular show———
If you can't even see this trend, you really shouldn't trade contracts. Such a huge volume breakout rally, how could it just fade away?
Even if Bitcoin $BTC and Ethereum $ETH can't break through $82,788 and $2,600 respectively, it’s enough to wear you down by oscillating between $2,380 and $2,550, draining your funds.
Tonight, if you look back, the weekend low was $2,405 with sideways movement, but tonight, in just one night, it pulled back to $2,527. That's how simple a rally is, feeling no pressure at all.
Actually, a breakout is the same. It's not that it can't be pushed up; the funds are waiting for an event, a moment, a catalyst, or some positive news to follow the trend.
Why wait? Why not just push? Because with event-driven or positive news, the market becomes lighter and easier to push, so funds can gain more profit without spending a lot to push it themselves. Waiting for the market to collectively lift it means the initial positions gain more floating profit since the rally uses less capital, naturally lowering the cost.
There might be an event about to happen that we all don’t know yet. Whether from the market, technicals, or capital inflow, I always feel this rally is not simple and won’t be a small move.
Be patient, this will be a spectacular show———