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Why didn't the short positions around the average price of 68,100 yesterday incur a loss? I explained it clearly in today's video analysis. Just look at the chart, and you'll understand. Also, I caught a $1,000 decline, which highlights the importance of position management. I expected the stop loss at 7.1; maybe I hit the stop loss, but you might have been liquidated.
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$BTC
Set take profit around 66,500, and for stop loss, about one thousand dollars. Ideally, the stop loss should be at the previous high of 7.1, but the risk-reward ratio isn't suitable, so I set a stop loss of one thousand dollars.
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