Last night, Ether experienced a bull trap followed by a counterattack, resulting in short positions getting liquidated and long positions getting liquidated. In fact, this is still a digestion and consolidation after a huge amount of profitable positions, which is in line with expectations. After closing the short order at 4720, I took the opportunity to buy low on long orders in the ambush area. BTC has also been gradually added to the position in the ambush area. Now, it’s all about closely monitoring the market and conducting intraday rolling trades while controlling risk. #BTC
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Last night, Ether experienced a bull trap followed by a counterattack, resulting in short positions getting liquidated and long positions getting liquidated. In fact, this is still a digestion and consolidation after a huge amount of profitable positions, which is in line with expectations. After closing the short order at 4720, I took the opportunity to buy low on long orders in the ambush area. BTC has also been gradually added to the position in the ambush area. Now, it’s all about closely monitoring the market and conducting intraday rolling trades while controlling risk. #BTC