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Lost another 16,000 on $BTC .
Disclaimer: This post is paid promotion, not paid by the project team, but I paid the project.
$kat didn't reach 200 million before the market open, no project is like this, I encountered it.
Pre-market depth is too low, no room for operation, can't move at all, can only wait for events.
$BTC tested 70100 retracement, 69221 retracement, broke 69000 to enter.
Here I need to explain that many look at a 20,000 increase when it rises, and a 4,000 decrease when it falls.
I am generally very committed to trend trading, but I will take a loss when the trend reverses.
Sold spot on 12.4, shorted 9.7k, holding 7.6k short positions, and shorted 7.2k before the New Year, so mainly bearish trend.
Here I set the cost at 1-hour central pivot at 70070, which is a true and false breakout and relatively safe.
Strong breakout at night, entered a position at 714 with a 15-minute divergence, broken through strongly.
This order can only be interpreted on a minute level, adding at 72500, flat at 71300, and adding at 734 with a flat at 726.
Seeking to unwind the position, live streaming simultaneously.
Yesterday I figured it out, currently floating loss of 7,000, including 9,200 already closed, total loss of 16,000.
In general, the bear market rebound still has information, there is room for both long and short, but kat does not.
It's too difficult, a group member asked about gold, I will write about gold separately.
No macro used here, just focusing on candlestick analysis.
Traders are really not easy.