The early bird catches the worm. I was exhausted after last night's live stream and went to bed early. I woke up around 6 AM this morning and started reviewing the market, going from weekly and daily charts down to the minute chart. It looked like a downward trend. If it didn't fall on Sunday, it might hover around 700, but it would fall on Monday too.
I explained it clearly in yesterday's live stream: the market manipulators were malicious on Saturday, pushing the price up to 710. I wanted to short then, but my actions didn't align with my thoughts, so I didn't act. Just now, after the review, I was convinced of the downward trend and went short at 702. I was still setting my stop-loss when it dropped to 695. I then set my profit targets, intending to close some at 693 and some at 687, but the drop was too fast. When I checked, the support level at 68633 had been broken, so I closed all positions at market price.
I've earned my monthly living expenses again. Thanks to Bitcoin for this sudden windfall. I actually wanted to buy more around 685, but I'm writing this now and haven't traded yet. This kind of sharp drop should lead to a 500-1000 point rebound that I could profit from.
I'm not doing anything now. Money can't be earned forever. I'll wait for another opportunity.
$BTC
@richardteng @CZ @heyi
{future}(BTCUSDT)