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Here’s the translation in English crypto Twitter style: Let’s recap and share some thoughts going forward. Why did I say there’s “no wick”? Because in the past two years, the only real liquidation wick I remember was on Oct 11. We don’t see those reckless, crazy wicks like in the early days anymore. Other daily candles with long lower shadows, if you zoom in to the 4H chart, are mostly just slow bleeding down and then an abrupt V-shaped reversal. This time, everyone in the market was watching for a “Huazi wick,” but in the end, it only moved a few dozen dollars—no big wick at all. Kinda funny, right? Back in 2024-25, I missed several bottoms because I kept waiting for a wick. Had to shift my strategy to adapt to a smarter market—started DCA’ing on the left side without stop-losses. I used to be a right-side trader, never touched left-side entries. Never thought we’d get such deep dips consecutively. The market is getting smarter. Old simple tricks just don’t work anymore. I have strict limits on my bear market positions, but honestly, by the night before last, around 66k, I’d already filled my intended size. But I had to deploy more capital yesterday morning (got woken up by alerts) to average down. Now that I’m back to breakeven, I’m scaling back to my original bear market allocation—can finally trade comfortably again. IMO, 60-70k will be strong support in the short term. If we retest around 66, I’ll add more. Haven’t decided on my take-profit yet.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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