Binance's pledged $1 billion Bitcoin buy-in fund has begun moving. The first purchase was 1,315 Bitcoins, worth $100 million. Regardless, this is a move to boost bullish sentiment in the crypto market. This is good news! Lately, many people have been telling me not to short my own business... But for traders, going long when it's time to go long and short when it's time to go short, and deciding on the specific direction and execution strategy based on your own trading system, is basic operation. Actually, I've always been a long-term bullish Bitcoin trader. It's just that different account positions have different trading styles. Unfortunately, this wave of decline only allowed spot traders to escape the top. I was consistently bearish on futures contracts, but either my orders at advantageous prices weren't filled, or my aggressive shorting with excessive leverage resulted in being whipsawed repeatedly. Overall, I gained nothing... I was right but didn't capitalize on it to make a profit. Sigh, I'm ashamed, I'm such a noob 😭😭😭 I need to learn from this and reflect. I need to slap myself twice first 🙃🙃🙃 The current medium-term decline in Bitcoin is approaching $70,000... But looking at the current market sentiment and technical indicators, it doesn't seem likely to hold. Let's wait and see if the market can form a bottom in this phase. #BTC