28618659392btc is currently in a fluctuating slight upward trend. Since the price surged to 93300, there has been a significant pullback. The main forces are trying to sell while observing the retail investors in the market. However, the capital's methods are quite sophisticated; from the 14th to the 18th, the high positions have been declining, while the low positions are rising. Anyone pursuing a medium to long-term strategy, whether going long or short, has been locked out. From the 18th to the 20th, the market fluctuated, with each high position slightly rising while the low positions continued to rise. Many longs are trapped, and so are the shorts.

Why is this happening? It can only prove that the current market outlook is bearish, with a high proportion of low-leverage large orders, while the first batch of longs has basically exited with profits after consuming the spot and contracts. If the main forces want to sell in large quantities, they must lure the bulls and heavily target the short positions. This fluctuating slight upward trend really tests the mindset of short players, and long players can easily become lost. Once there is a large disparity between long and short positions, it's time to crash the market.

Since the black swan event on the 85th, the market has followed a fluctuating upward monthly cycle. At the beginning of each month marks the end of the previous month's cycle and the beginning of the next month's cycle. August 5th, September 6th, October 10th, November 5th. The beginning of December will be the same, but it should mark the end of this upward fluctuation monthly cycle, followed by a trend of fluctuating downward. For capital, there are still about 10-15 days to position in the market.

My personal suggestion:

You can temporarily give up on spot trading; currently, altcoins are all focused on the major coin's trend, and this ambiguous trend of the major coin has left the altcoins in a standstill. No matter what the trend of the major coin is in these 10 days, the bear market will start in early December, making spot trading meaningless.

Contracts should still primarily focus on fluctuations, going long at lows and short at highs to capture swings, which can easily yield several thousand points. However, one important point to note is that once the low of the current swing is below the previous swing's low, you must be cautious of an impending market crash. Even if you want to buy at the lows, you must keep a close eye on the market and consider using a stop-loss. Given the current market conditions, going short carries a higher safety factor.