Yesterday's short-term rally was weak; I exited to preserve capital. In a bearish trend, especially with international tensions, long positions are quite risky. Today, I haven't set up any short positions. Personally, I have no intention of shorting at 65,000. Although I didn't catch the move, being flat and not losing money is already good. The current downtrend is likely to continue. If Bitcoin breaks below 62,500, there's a higher chance it will drop to 60,000. Be cautious when bottom-fishing. Recommended to stay flat.
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Trading Diary Two
Yesterday's short-term rally was weak; I exited to preserve capital. In a bearish trend, especially with international tensions, long positions are quite risky. Today, I haven't set up any short positions. Personally, I have no intention of shorting at 65,000. Although I didn't catch the move, being flat and not losing money is already good. The current downtrend is likely to continue. If Bitcoin breaks below 62,500, there's a higher chance it will drop to 60,000. Be cautious when bottom-fishing. Recommended to stay flat.