Most people are not trading, they are gambling with their lives... regarding position management. There is completely no knowledge of capital management, there are millions of opinions in the market, each KOL has a different viewpoint, you must have your own mature and stable profit-making system, relying on luck to make profits will eventually return, getting rich overnight is just a rare occurrence, doing this is different from the real economy, a simple tap of your finger can result in thousands or tens of thousands of dollars, it comes fast and goes fast, do not hold onto positions, when it reaches the stop-loss position, you must close the position, if you do not have this courage, do not open contracts. To summarize the key points of the morning:

1: BTC has no signs of decline on the 4-hour chart, do not short when bearish, go with the trend.

2: Greed index at 94, extremely greedy, reduce long positions in batches, risk control first.

3: Only when Ethereum rises will there be a sense of happiness, altcoins will take off.

4: Solana ETF reignites hope! Cboe has submitted application 19b-4 to the SEC again.

5: SEC Chairman Gensler will resign on January 20.

6: Trump's possibility of establishing a strategic Bitcoin reserve on April 29 is 43%, up from 25% four days ago.

7: FTX announces the timeline for creditor and customer allocation, expected to start in January 2025, refunds to users beginning in March, good for FTT.

8: $11.8 billion options contracts expire on October 27, with huge volatility.

9: Cake can be traded directly on Telegram, good news.

10: FTM listing in December 2024 is positive, accumulate at lows.

11: JTO has released a new Tiprouter proposal, which increases profits for JTO stakers.