Brothers, give Master Nan Di a follow at @南帝一灯大师 to help him gain followers. He is skilled in judging major trend directions and posts market analysis daily. His grasp of the rhythm of this major trend direction is precise; he can always ambush and enter the market during every trend, avoid risks at high points, and buy at the bottom. Everyone should pay attention, as Master Nan Di will soon start free live trading technical teaching sessions. Those who follow him will be fortunate.

Brothers, it's regrettable;
The peak of the big pancake in 2024 is fixed at 108,366, it can’t go up anymore. Now it’s not a retracement 👎, it’s a certain correction. There won’t be any previous highs before the end of the year. Accept the market adjustment; every December during Christmas is a period of adjustment, and I’ve always been thinking of ways to avoid it. I originally wanted to catch a quick stretch after the interest rate cut landed, but last night Powell came out and talked a lot, causing panic in the market which led to adjustments. Indeed, adjustments are needed; after all, from breaking the previous high of 73,000 to pulling up to 88,000 on November 11, and then to the highest of 108,350 on December 17, we saw a rise of 10,000 dollars over a period of 35 days, which has now ended. In the short term, don’t bottom-fish, don’t bottom-fish, don’t bottom-fish. For those who bought earlier, the maximum retracement is 10% stop-loss. Reduce your position by half, then take a good rest for a few days. Corrections are not scary; what’s scary is a gradual decline. After a gradual decline, there will definitely be a spike. Don’t buy unless there’s a spike to recover the chips. At least wait for 3 or more 4-hour spikes to consider bottom-fishing, limited to buying physical goods. Brothers in contracts, just hold your hands this month, don’t rush to bottom-fish, or it’s okay to turn bearish as well.