ProfitHawk

Still bearish on BTC, but the market has been fluctuating, so just hold on and keep earning the funding rate.

In fact, even if the Bank of Japan (BOJ) raises interest rates, arbitrage trading has still been ongoing, but the interest has been decreasing. Many positions have exited and shifted to the Swiss franc, which now offers the highest yield for cashing out. Since the Bank of Japan decided to raise interest rates, funds have gradually concentrated on the Swiss franc.
Next year, the continued interest rate hikes by the Bank of Japan and the Federal Reserve's indecision regarding rate cuts will be a point of interest. Will the Japan-U.S. carry trade be completely abandoned, or will it just yield

This bull trap was played beautifully. First, there was a Whale using 40X leverage to go long on BTC, then they pumped and dumped before the fall. It seems that BTC still needs to consolidate for a while.
#BTC

It seems that analysis of the fundamentals is not easy to express. It's better to say less and do more, and let the results speak for themselves.

I don't know why, but this week's market analysis couldn't be sent out. Maybe I talked too much about "big events". So let's just focus on trading. Last Friday, I entered a long order for BTC. However, the price didn't rise but instead gradually fell. The MACD looked off, so I chose to exit first and then look for re-entry opportunities, resulting in a small loss. In the end, this decision proved to be correct. After exiting, the price dropped even more. This week, the overall market is still bullish, and I will continue to look for go long opportunities, but BTC and ETH might need more time t

The BTC price is struggling to rise and may pull back. It's better to exit first and look for another opportunity to enter.

🏆🏆🏆Date: 2025/04/28, Monday🏆🏆🏆
Hello everyone, I haven't been updating daily because I've been busy with other things during this period, but I'm still very focused on the cryptocurrency market, as you can see from my trading results. I also really don't want to write too much about the current macroeconomic situation because the world is too crazy, and everything is no longer rational. But I decided to come back; I may not update daily, but I will update occasionally like a blog, especially when important events occur. I will use the knowledge and experience of a long-term trader to hel