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On chain insights
Crypto Newbie
10-18 00:14
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I'm still holding the short position I entered with my followers this morning. I'm now 6054U in profit on paper, and the market is trending steadily. The past few days' trend has essentially confirmed my judgment—rebounds are just bullish traps, and the underlying trend remains bearish. With tight liquidity and cold news, market sentiment hasn't recovered, indicating the downward trend hasn't yet been exhausted. My current strategy is simple: Short with the trend, don't try to jump on rebounds. Wait until sentiment completely collapses, trading volume shrinks, and the K-line chart turns flat—that's the true signal to buy the dip. You don't need to trade the market every day; the key is to be able to grasp the underlying trend. Sometimes, staying still is the most effective strategy. Be kind to people and do the right thing!
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