Due to the impact of the election, Trump won, and the dealer took advantage of the momentum. BTC has continuously broken through previous highs, reaching the current highest price of 76849. It seems like a scene of endless surging and turbulent waves. However, looking back, most retail investors still haven't made money. I've thought about a few points.

1. Most retail investors do not own BTC, or own very little. Many hold ETH, but ETH has been stagnant in the early stages, fluctuating repeatedly, and most people have already exited the market, holding very few that remain steadfast.

2. Almost all retail investors are heavily invested in altcoins. Many entered at high prices in March. Currently, we are only seeing a rebound, still only reaching half of the price, or 3/1. Many have just returned to break-even, and many haven't returned at all. The current market funding is not a flood of capital; it is almost entirely BTC's performance.

3. Contract players, although many have opened long positions this time, many will not hold positions for long. Speculators, if you let them hold until the next day, don't even think about it; many have already closed their positions, earning only small profits. Seeing some coins rise by 20-30 points is at most just a pat on the thigh; I once owned it.

4. Contract players often close their long positions early; gamblers like me can open short positions, but very few can endure opening at the top area. I believe most people will open short positions a bit early, either getting stuck a few points or 10 points. In any case, they are always in the cycle of trying to break even, making money, and getting stuck.

Looking at BTC right now, yesterday's candlestick formed a doji pattern. Although the Federal Reserve lowered interest rates, I actually mentioned this earlier, at most 25 points. It's all within expectations, and the surge yesterday did not break through 80k, indicating that it was just retail investors chasing highs, driven by emotions. Currently, MACD has had two golden crosses and has reached a high position, entering a risky area. Don't bet on a tail-end market; at least you should set a trailing stop-loss.

If today's candlestick cannot break through the previous high, then the bullish momentum has already weakened. As for support, the short-term support is around 72736, but the more crazy you are, the more desperate you will be afterward, with ultimate support potentially pulling down by 10,000 points near 66000. The one-hour chart has already diverged multiple times, and the upward momentum is declining. At this time, reduce positions and take profits at highs. A sudden surge is not a reason for you to buy in, but an opportunity to exit. $BTC