The holding volume is increasing every day. It means that there is more and more hot money in the market, and it is getting more and more enthusiastic. But if you ask me if I can chase more now, I think the current price is really not suitable. It can be found that major KOLs are actually quietly reducing their spot positions, and even some institutions. And the most common phrase heard in this bull market is "How can it continue to rise", "How can it reach 90,000", "How can it not pull back" But in fact, it can be found that many people in the previous bull market were like this, but what was the ending? Everyone was stuck at 69,000.

On the contrary, if you have a lot of money, or you are an institution, it is unlikely to buy at the current price, and you must have the mentality of a dealer when trading. With this round of surge, the greed and panic index has also reached 80%. There is a saying in trading that has been circulating since then: "Buy in panic and sell in greed", "Buy when no one cares, sell when the crowds are bustling"

Finally, Livermore said a classic saying: "There is nothing new on Wall Street, and speculation is as old as the mountains." It means that many technical tools and some concepts in the investment market are based on some concepts and methods left by predecessors, such as waves, harmonics, Wyckoff, or some of Gann's techniques. The main thing is not to chase the rise and fall, be impatient, greedy, don't violate your own principles, and don't buy and sell according to your own trading model. Next, you can refer to the previous bull market, and you will find clues. Many things will be familiar whether it is a bear market or a bull market, because human nature has never changed from the past to the present!