🔥Today's market trend just confirms what I mentioned before, that is, when market consensus is formed, the collective actions of large investors (we call them "whales") can significantly affect prices. Many giant whales sold their assets in unison, which directly caused the market to plummet. 75 This incident was actually the result of the market reaching a consensus and putting it into practice after the short-selling forces reached a consensus on the 624th day. 🚀

🔥Judging from the weekly chart, theoretically, the area near 52,000 should become a support point and trigger a rebound. I initially predict that the rebound target at this stage may hit the range of 59,000 to 60,000. Originally, my personal view was that the market should start to enter a downward channel after the implementation of the interest rate cut policy at the end of this year, similar to the market trend caused by the liquidity crisis between 19 and 20. However, it is surprising that the market has already been hit so hard in July, and it reinforces my belief that the current bull market is not over. 🚀

🔥 Regarding my copying operation, I did not set a stop loss, but this experience made me deeply aware of the high risk of copying strategies in extreme market environments. If I had operated independently, I would have been liquidated due to improper risk control. When faced with violent fluctuations, copying strategies have relatively weak coping capabilities and tend to hold positions indiscriminately, lacking flexible hedging and risk management mechanisms. At first, you may be able to try to hedge risks by opening both long and short positions, but soon the short positions will be closed and you will over-concentrate on the long positions, which will undoubtedly increase the potential losses. 🚀

🔥In view of this, I plan to look for traders who can still follow orders steadily in the current complex market environment, hoping to learn from them how to stay calm and strategic in fluctuations, which will be a valuable "treasure". Once I gain something, I will share it with you in time to learn and progress together. 🚀

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