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Jingan Weekly Review Summary:
Friends! Happy weekend!
This week, Bitcoin oscillated downward from around 74,000 to near 68,900, with a maximum drawdown exceeding 7% in the range. Overall, it rose first then fell, with repeated washing at highs followed by strong short selling. On the 19th, volume broke below key support, entering a weak consolidation phase in the short term.
This week, our strategy focused mainly on shorting at highs, capturing long and short opportunities as the market moved. Our range trend trades performed remarkably (ultra-short-term 500 contracts not counted, win rate exceeding 82%):
- Monday (March 16): Captured 592 contracts, closed 7,749 oil
- Tuesday (March 17): Captured 2,311 contracts, closed 18,487 oil
- Wednesday (March 18): Captured 653 contracts, closed 5,230 oil
- Thursday (March 19): Captured 8,808 contracts, closed 33,780 oil
Friday: Rest day due to personal matters
Total Captured: 12,364 contracts
Total Closed: 65,246 oil
Last week we provided the long-term strategy to short above 72,000. This week, high-level short positions continued to realize 3-5,000 contracts range profits. Next week, we remain focused on the short-term trend.
One week of market action has concluded, profits and losses are now part of the past.
The market never stops for anyone, nor does it favor those who rely on luck.
Rather than dwelling on past gains and losses, it's better to refine your rhythm with a calm mind and stay true to your principles.
Clear your emotions, travel light into battle, and next week continue following the trend.
Every patient setup is accumulating strength for the next harvest ✨