From the bottom of 15,000 to the present, every pullback is accompanied by market panic. When it rose to 31,000 dollars and fell back to 25,000 dollars, most people thought it would fall below 20,000 dollars sooner or later. When it rose to 31,800 dollars and fell back to 25,000 dollars, everyone thought it would fall to 20,000 dollars. When it rose to 48,000 dollars and fell back to 38,500 dollars, everyone thought it would fall to 32,000 dollars.

And this time, most people in the market still repeat the previous rhythm, and they are all looking at 55,000 dollars and 52,000 dollars. What we pay attention to in trading is the cost-effectiveness. Look at the cottage, this position has a very high cost-effectiveness. I think it is stupid to be bearish at a position with a very high cost-effectiveness.