Currently, the market shows that long positions are still strong. Shorting has a stop loss, which may lead to some profit withdrawal or just covering the cost of fees and manually closing positions for a small gain. Here, BTC and Ether may need to oscillate and rise to 100,000 and 2,000. This time, I have set a stop loss to hold, and once it reaches the target, I will close the Coin-Margined Futures. Then, I will reduce some holdings in Spot. Recently, the market has been in a large oscillation range, with long wicks both up and down, and the divergence between long and short positions is too large. For those in a Short Position, it is recommended to mainly observe.
Next, I personally believe that there will likely be a sharp drop before the interest rate cut to clean up leverage, and then take off. I am optimistic about this year's crazy bull market #BTC #ETH .
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Currently, the market shows that long positions are still strong. Shorting has a stop loss, which may lead to some profit withdrawal or just covering the cost of fees and manually closing positions for a small gain. Here, BTC and Ether may need to oscillate and rise to 100,000 and 2,000. This time, I have set a stop loss to hold, and once it reaches the target, I will close the Coin-Margined Futures. Then, I will reduce some holdings in Spot. Recently, the market has been in a large oscillation range, with long wicks both up and down, and the divergence between long and short positions is too large. For those in a Short Position, it is recommended to mainly observe.
Next, I personally believe that there will likely be a sharp drop before the interest rate cut to clean up leverage, and then take off. I am optimistic about this year's crazy bull market #BTC #ETH .