A sentence to seal the deal! Trump's recent move caused $660 million in funds to evaporate in an instant!
First, let's look at the data: In the past 24 hours, there was a total liquidation of $665 million across the network, with 127,000 people affected. Long positions liquidated amounted to $296 million, and short positions to $369 million. Behind these figures is a piece of news from last night: Trump ordered a pause on military strikes against Iranian energy facilities. Once the news broke, market sentiment was instantly ignited, and the second contract surged from a low point. How should we say it? The current Trump indeed has the potential of a 'stock god'; a single sentence can change the market more effectively than any technical indicators.
Let's review last night's market trend. After the evening news came out, the second contract made a surge, but Old Chen mentioned during the live broadcast that: this opening would surge, but the height would be limited. Why? Because the sentiment had already released a wave in the evening, those who chased the high during the night essentially got trapped. And indeed, the second contract started to retreat after touching 2185. We placed a short position at 2185, successfully entered during the night, and exited at 2130, steadily securing a space of 55 points.
Now, let's look at the present; Bitcoin is stabilizing above 70000, and the second contract is oscillating around 2140. This kind of news-driven market is most feared for its insufficient follow-through. The funds were already dazzled by last night's wave of sentiment, and today during the day is likely to be bland oscillation, within the range of 2100-2200, it won't break out.
So how to play during the day? It's simple, if it gets to around 2100-2120, go long in the short term; if it gets to 2180-2200, decisively go short. Remember, this is just a short-term rhythm; don't think too big, don't fantasize, and always have a stop-loss in place. In such a market, greedy people end up as the denominator in the liquidation data.
Follow me, this kind of oscillating market is just giving us money. The competition is all about who has more patience! #特朗普缓和局势
