#BTC资金流动性 Recently took a hit in Bitcoin trading. During this month's operations, I chased the high around 2970 to build a position, but the market quickly adjusted down to 2830, forcing me to cut losses. This wave wiped out nearly 50% of the profits. Honestly, this kind of high-level entry under liquidity shocks reflects that my understanding of market depth still needs improvement.
During this period, my spending also decreased significantly. I just had a casual meal for my birthday, mainly reflecting on my trading logic. I had several opportunities to adjust but missed them. Watching my original gains being eroded, my mindset indeed became somewhat unbalanced. But since I decided to temporarily stop adding positions, I’ll let my bullets fly for a while and readjust my mindset.
The liquidity characteristics of the Bitcoin market determine that it won't always rise linearly. Retracements at high levels are often opportunities for reallocation. Once this cycle passes, I will be more cautious with each entry opportunity.
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DeFiChef
· 18h ago
Chasing highs at 2970... Bro, you're not alone. Many people got caught in this wave of the market.
Really, sometimes when I see the limit-up, I can't hold on, and only later do I realize it's just a liquidity trap.
Just a meal for your birthday is enough; mindset is more important than anything else. That's the real enlightenment.
That cut at 2830 was painful, but at least I still have bullets. Take it slow.
Next time, remember, taking over at high levels is something you can't do again.
#BTC资金流动性 Recently took a hit in Bitcoin trading. During this month's operations, I chased the high around 2970 to build a position, but the market quickly adjusted down to 2830, forcing me to cut losses. This wave wiped out nearly 50% of the profits. Honestly, this kind of high-level entry under liquidity shocks reflects that my understanding of market depth still needs improvement.
During this period, my spending also decreased significantly. I just had a casual meal for my birthday, mainly reflecting on my trading logic. I had several opportunities to adjust but missed them. Watching my original gains being eroded, my mindset indeed became somewhat unbalanced. But since I decided to temporarily stop adding positions, I’ll let my bullets fly for a while and readjust my mindset.
The liquidity characteristics of the Bitcoin market determine that it won't always rise linearly. Retracements at high levels are often opportunities for reallocation. Once this cycle passes, I will be more cautious with each entry opportunity.