It's a week of long and short battles. I wonder how your battles have gone this week?
If the market first plummets sharply and then the price begins to rise slowly, it usually indicates that the market is going through a washout. The sharp drop may cause some investors to panic sell, but the subsequent slow rise indicates that market sentiment is stabilizing, with buyers regaining the advantage. This is a positive signal after the market has gone through a washout.
This month's mindset is openly shared across the internet. December is also the battle of the gods, with a vast road ahead and everything to look forward to! Let's share the logical mindset given this week.
Monday: At 101500, it was already said not to short! The pullback is for long positions, and the market has also rebounded nearly 5000 points.
Tuesday: At 105000, I remind you once again not to short! The market continued to rise nearly 2000 points before pulling back.
Wednesday: Around 104000, you can take a short-term short position and then continue to watch for rebounds. At this time, the long and short positions also have nearly 3000 points.
Thursday: At 105000, the mindset started to change, allowing you to lay out short positions. After the thought was given, during the early hours, Powell's speech caused Bitcoin to plummet nearly 7000 points before starting to rebound to 102500. This is what 90 often says: we shouldn't cling to either long or short; we need to timely adjust our trading strategy based on market trends!
Friday: You were advised to short at 102000. After the US stock market opened on Thursday, it started to decline until nearly 8000 points before rebounding. At this time, I remind you not to go long!
Saturday: You were advised to short around 98000. After rebounding from 980 to 993, the market again started a significant pullback of 2400 points. Who wouldn't be happy with the weekend's market like this?
I wonder how many gains this kind of thinking and strategy has brought you. With 90's understanding of the market, many retail investors probably couldn't hold on to the end. Let's just say they didn't take the wrong path. After a week of major liquidation, it also tells you not to think about holding onto contracts; the final result is predictable...
During the weekend, I want to share thoughts for next week's market. Looking at the Christmas holiday observed by Westerners, next week may be another week of major washouts. With six years of experience in the cryptocurrency circle, regardless of holidays or news stimuli, there will always be a large washout wave in the market. Therefore, you must have a reasonable trading plan at this time, learn to control your hands, and wait for opportunities in cash! On the daily level, there is a very high possibility of continued bearishness, and it has currently broken the downward support level. If it continues to probe downwards, long positions will only be washed out more.
Under normal circumstances, the weekend market belongs to the off-season, but the operators don't act that way. This is why 90 advised you to lay out short positions around 980; this position serves as a dividing line between long and short. We can still look down to the 87000-88000 range. From a four-hour perspective, it shows a bearish trend.
In the same wave of market movements, some achieve lasting success while others quietly depart. This is a place where one can pick up gold bars even while bending down, but it is also a battlefield where you can disappear in an instant. If you've taken the wrong path, what's the use of running? If you've followed the wrong person, what awaits you is likely just a continued shrinkage of funds. In this redistribution of wealth, don't let yourself become a weak person being divided! Over the weekend, we can chat freely about the upcoming market trends and strategies, seizing this opportunity before the end of the year.$BTC 
