After testing around 91,000, Bitcoin started to rebound. Is this a dip after an upward trend or a normal pullback during a downward process? If you can clarify this question, you will know how to operate next.

Trading is essentially no different from gambling; it's just a different way of playing. Both are unfair games, essentially a game between the house and retail investors. Imagine, if it were completely fair, would the house still be called the house? They put out so many chips to play with your small stakes; without sufficient advantage, a fool wouldn’t play the house!

From the market over the past two days, one can clearly see the house's operational methods. When Bitcoin reached the 100,000 USD mark, it depended on whether there was a need to break through and harvest. After all, once such a large pressure level is broken, the market may rush in wildly, making it hard to control. Therefore, after a few days of fluctuation, it directly declined. The reason for the fluctuation was to allow believers to enter the market, thinking Bitcoin was gathering strength for a breakthrough, unaware it was actually luring in retail investors. This way, the decline becomes valuable for harvesting. Just look at the data of long positions being liquidated in the past two days, and it becomes clear!

After the signal for a trend change appeared, many people didn’t realize it for a day or two. By the time they did, it had already dropped. Many will still choose to short, as the trend is already very obvious. Today, the breakthrough and subsequent pullback caught the bears off guard. When you doubt yourself, handing over your chips means you’ve been fooled! In the face of the trend, all counter-trend movements are short-term consolidation behaviors!

Although we are currently in a bullish phase, it doesn’t mean there will always be big rises and small falls, but rather you can predict how much and how long it will fall. No one knows where this pullback will stop. Based on the percentage analysis of the rise, the 85,000 level is certainly going to be reached. Whether it can reach 75,000 is uncertain. However, based on the short positions I mentioned earlier at 99,000, making a profit of 10,000 to 20,000 points is a fantastic opportunity, and it won't take long!

Shorting at highs remains the main theme. 87,000 is my liquidation price for short positions. When trading, learn to befriend time. As long as you have a clear strategy and layout, time will give you a satisfactory answer!

By the way, I’d like to share a currently good money-making opportunity. See my previous article