Another new day, let me share my trading thoughts.
Bitcoin ETFs have seen slight net outflows these past two days,
but other coins like ETH, SOL, XRP, and HYPE have basically had little outflow,
and some have even experienced slight net inflows.
This also confirms the market situation:
Bitcoin has been in a slow downward trend recently,
while other secondary major coins remain relatively strong.
This is why I say in this big rally,
Bitcoin is actually the green leaves,
while the secondary major coins are very stable,
some even keep hitting new highs while Bitcoin is consolidating.
My personal operations:
1. The short positions I took yesterday were all closed before I went to bed last night.
This morning, I realized that if I had followed the stop-loss line I set yesterday for pulling down,
without taking profit, the stop-loss would have been triggered, greatly reducing profits.
2. Today's market, Bitcoin is still weak, so I remain bearish and shorted some altcoins that closely follow Bitcoin's moves (falling with it).
Today's reflection:
I found that when trading, first determine Bitcoin's direction, then see if the secondary major coins follow Bitcoin.
Opening some major coins that follow Bitcoin's direction actually indicates the trading time window.
Because at this time, we can open positions in both Bitcoin and some major altcoins,
and just need to watch Bitcoin's direction.
$SOL$BTC
