Wednesday, March 1st Market Summary:
Looking back on the intraday, after the early morning open, there was a slight pullback, supported at around 67,500, then a steady upward move. The price broke through the 68,000 level in the early session, continued strong in the afternoon, reaching a high near 69,288, before pulling back slightly to around 68,300 to consolidate. The intraday rally was strong, and there weren’t many short positions set up; most traders were following the trend!
BTC Long Positions | Open at 68,769 | Closed at 68,146 | Profit 3,112
BTC Short Positions | Open at 67,941 | Closed at 68,761 | Profit 6,560
BTC Short Positions | Open at 67,059 | Closed at 68,033 | Profit 4,869
⭕Total profit for the day: 14,541 USD
Don’t get caught up in the momentary ups and downs. True gains often belong to those who stay calm during pullbacks and stick to their direction amid volatility.
Every steady rise is the best reward for patience. Slow is steady; steady is fast!