This wave of rising market started from 67000 and surged to 90000
Only rising, no falling, purely one-sided, FOMO emotions are explosive
This wave of 5000 dollar downward spike is very likely to start a reversal to kill the long positions
The implication is clear: the decline will not stop here
Some believe it's a reverse to pick people up! Hurry up and charge! Picking people up in reverse is just a meme 😂 Don't take it seriously!
In terms of operations: short positions should be eliminated. Be bearish but do not short, if it goes down, add to your position, if bottom fishing, build positions in batches
If it hasn't dropped, it's just not meant to be, if there’s no good position, forcing your way in is just testing your position management skills and mindset. It’s better to miss out than to put yourself on the hot seat
Wealth doesn't enter through urgent doors