The market is moving too fast, and almost everyone is missing out, including myself.
Many people are unwilling to miss out and keep shorting at the top, leading to continuous liquidations.
As of now, I still believe that we shouldn't chase the long positions, even if it means missing out. The risk of directly chasing long positions outweighs the potential rewards; we must wait for a pullback. Without a pullback, I firmly won't enter the market; even missing out is better than losing money.
We especially shouldn't short at the left side of the top; the facts have proven that those who short recently are essentially seeking their own demise, and this will continue to be the case in the future.