The long-short game has been fierce recently, and there is room for maneuver in contract transactions. In view of this, on March 26, Huobi Live held the first "Refuse to Talk" long and short live live order opening event. This live broadcast invited many senior long and short traders to attend, and they shared their operational suggestions on the recent market fluctuations. According to incomplete statistics, the transaction volume reached 49,079,401 USDT on the day of the live broadcast, with 14.4k online viewers and 560k likes.
It is reported that the first long and short income PK competition of the strongest traders will be held from March 25 to April 3. During this period, traders will automatically form teams with their new partners, divided into long and short camps. After the event, the strongest trader from each camp will be selected based on a comprehensive evaluation based on transaction volume, income, and winning rate.
During the competition, in addition to regular invitation rebate income, traders and their new partners can share 50 to 10,000 USDT contract experience funds when their cumulative contract trading volume exceeds 500,000 USDT. The higher the contract trading volume, the more rewards will be earned, which traders can allocate themselves. In addition to the above rewards, the two strongest traders will also receive an additional up to 10,000 USDT contract experience bonus. After the event, the list will be announced through Huobi Live and X Space, and trophies will be awarded to the strongest traders. As of now, the cumulative transaction volume of each team has reached 13,833,751 USDT, and the cumulative reward contract experience fund is 2075 USDT.
During the live broadcast, teachers shared the following views on trading strategies in the future:
The Goldman Sachs Institute began to predict the arrival of a bull market from 18,000 points, and then continued to be optimistic about the bull market as the index rose to 20,000, 30,000, and 40,000 points. Goldman Sachs Institute emphasizes that all investors should seize the current market situation. The recent bull market may be the last wave in this bull market cycle and also the craziest market situation.
As a trend investor, Mr. Max is bearish in the short term. He also mentioned that Huobi HTX has recently provided many benefits to investors and invited them to join the team, where they will be provided with experience funds for contract trading. Regarding the market outlook, he believes that if the price of Ethereum stabilizes at $3,680, it is recommended that everyone should not rush to short operations for the time being. For those investors who are still planning to short, consider waiting for prices to approach $4,000 before taking action.
Awareness equals income. The teacher believes that there is a possibility of a decline in the short term. Because Bitcoin’s correction shows that bears are less willing. He suggested that everyone can initially try short near $69,000, but it should be noted that the stop loss point should be set at $71,000. If the price rises to around $73,800, you can consider increasing your short position. He emphasized that when making every short trade, be sure to set a stop loss first and then execute the trade.
Qian Qian Qian Xiaoyu is firmly bullish. He believes that ETFs and U.S. interest rate cuts are huge benefits to the entire industry. She highlighted that there are relatively few short positions in the $45,000 to $55,000 price range. If the price can fall to this range, you can consider long-term layout.
Lao Twelve Research Institute does not agree with the bullish view. He believes that this round of rise is due to the small circulating supply of Bitcoin and the shortage of supply in the market. But the current surge may be nearing its end.
Liang Bo is also more inclined to fall in the market outlook. He believes that if the market falls, investors should pay close attention to market dynamics and consider reducing long positions in a timely manner. He mentioned: Generally speaking, in a bull market, it is relatively normal for the market to fall by 20% to 25%. Therefore, there is currently a $59,000 price gap below Bitcoin. In addition, if Bitcoin continues to rise, a price correction may occur at the two levels of $71,500 and $72,800.
This live broadcast aims to inspire investors to have more diversified trading strategies and concepts through the collision of views of senior traders on both long and short sides, help them capture new market signals, and achieve wealth appreciation with more clever market operations. At the same time, we also hope that more investors can participate in this "Strongest Trader Long and Short Income PK Competition", join the team of their choice, and obtain higher returns.
