Tonight, Bitcoin must break through the 100,000 mark no matter what, and the sudden surge of Ethereum and other altcoins in the evening has led to some subtle changes in market sentiment and logic.

The price fluctuation of BTC is relatively small, dropping from 94800 to 93300, a total decline of 1500 points. This is clearly the main force conducting a left-hand to right-hand operation, pulling the price back to where it fell without wasting any chips. Surprisingly, this slight fluctuation has scared many altcoins to death, and there are cries of a crash all over the market.

Friends, have you ever thought about a question, if the main force of BTC really intends to crash the market, the chance of you opening a short position above 94000 is almost zero. The market sentiment is too aggressive and sensitive, is it possible that the main force finds that after lifting to this position, there is insufficient fuel for short positions, thus resorting to a pinning method to make you give up your chips, or attract more short positions as fuel?

In that small test just now, how many long positions closed and reversed to short? How many originally short positions increased? Friends, this is just a fluctuation of 1500 points! What if it were 3000 points or 4000 points? Wouldn't it be a bloodbath? But even if it drops 4000 points, it would only touch the bottom support level of the rising channel.

I am not a die-hard bull, but if I want to open a short position, I will never do so within the rising channel. If a crash really happens, is it worth that little profit? If the judgment is wrong, the consequences are for oneself to bear. Still, the same saying, as long as BTC does not break the bottom support point of the rising channel, one should adhere to the principle of being bearish but not shorting. Trading is not gambling, do not act based on feelings, and do not be easily influenced by others' judgments.