My trading decisions are based on the belief that the bear market has not ended yet.
I previously drew a chart, placing the high point of the rebound B wave around 97,000 for Bitcoin, corresponding to about 3,600 for Ethereum. During this period, I kept adding to my short positions. There are many voices in the market, but until I see a confirmed reversal signal, I remain bearish. Secondly, my trading approach is very tight and conservative; even if I open a position in the opposite direction, it’s only to break even. In many cases, I can even profit from pullbacks and corrections if the overall market structure is not clear. Some people are eager to recover their losses quickly, but I won’t take high-leverage trades. My strategy is inherently slow but steady.
View Original
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.
My trading decisions are based on the belief that the bear market has not ended yet.
I previously drew a chart, placing the high point of the rebound B wave around 97,000 for Bitcoin, corresponding to about 3,600 for Ethereum. During this period, I kept adding to my short positions.
There are many voices in the market, but until I see a confirmed reversal signal, I remain bearish. Secondly, my trading approach is very tight and conservative; even if I open a position in the opposite direction, it’s only to break even. In many cases, I can even profit from pullbacks and corrections if the overall market structure is not clear.
Some people are eager to recover their losses quickly, but I won’t take high-leverage trades. My strategy is inherently slow but steady.