To be honest, BTC, in one week, reached the height that should have taken three months to reach. It makes me doubt whether this wave of 899940 is the high point of this bull market.

In fact, to be honest, it doesn’t matter whether it is bull or bear, it’s just a cyclical rise and fall.

The monthly line level pattern, if KP is the pattern of the last bull market. This month, there will be a little correction, such as around 82,000. Then it will rush to around 93,000 next month. Then it will start a round of slow decline for 2 years.

I hope it’s not like this. Otherwise, many people will be sad.

These days, I have been reminding you to reduce your position at highs, which is extremely risky. Sometimes I really feel pressure, because when you post it, someone will call you a stupid dog. You can’t do anything, as an old leeks who have experienced two rounds of big bull markets. Habitual behavior is to always pay attention to risks. Therefore, you can’t make any big money.

Old leeks, to put it bluntly, are the shit sticks in this market, that is, they dare not go all-in to get rich, and they dare not do long or short for a long time. If you are not poor, who is poor? But there is one thing, it seems that being cautious can save your life. At least you don't follow Graham's footsteps.

At present, if the long-term exchange, or the perspective of big cycle bottom-fishing, the current price is not the time for you to enter the market to bottom-fish. If you are doing short-term, set a stop loss, it doesn't matter. Every day, there are opportunities. You can enter the market at any time, but please enter with a stop loss.

To be honest, my short orders are still there, some are trapped and some are newly opened. But this time I was honest and ran away when I made money. Those who were trapped are almost all too greedy. Obviously making money, you have to gamble big, sometimes it backfires. How do you operate, everyone decides for themselves.

Emotional indicators are always the final indicators, and I have to study this aspect myself. Because it is invisible, there will be delays. But it will definitely be fulfilled in the end. The road of trading is actually very difficult. For one person, there are really many requirements. Emotional control, indicator management, pattern analysis, human nature homework, etc. We will use them every day and every time we open an order.

My personal suggestion for recent operations is to open a short position when the market rebounds, and then set a stop loss. Even if you lose, it is only a small loss. If you have your own strategy, just ignore what I said. Another point, if you disagree, just laugh it off, don't call me a stupid dog.After all, it's all about life. $BTC