I am really glad I set a stop loss yesterday, otherwise I would have been wiped out this morning. Actually, I didn't have much confidence, but by some twist of fate, I bottom-fished. Shortly after opening the position, I felt a bit lost. I treated this confusion as the fear of falling, so I didn't check the software much. When I woke up this morning and checked, I was really glad I set a stop loss. So for everyone trading, you must set a stop loss; this is your bottom line for survival. If you don't set a stop loss, then you really have nothing left.
Currently, according to public information, I found that Yi Li Hua's cost is around 1800. Every round of a bear market tends to sacrifice a few institutions. The last bear market took down Three Arrows Capital, which managed assets of over 18 billion USD. Do you think this round will be manageable for Ah Hua?
Currently, the monthly chart for Bitcoin and Ethereum is still in a dead cross. The downward trend of the larger cycle is difficult to reverse in the short term. This wave may drop to 60000 at this level, and then continue to oscillate at the bottom to wear down the patience of those who are about to be liquidated. We can only see if Old Deng will stir things up again when the presidential election campaign starts again later this year.