Recently, the dealer has been really cunning; it's truly impossible to play with spot trading, and contracts have become the main battlefield. When playing contracts, one shouldn't manage positions for more than 3 days; many people won't manage positions even overnight, and I think this is correct.

High leverage, large positions, almost every surge and crash will lead to total slaughter.

Yesterday, the volume broke the trendline, and now it has recovered again, showing a bullish pattern for technical analysts. Yes, it should be buying on dips. Under normal circumstances, those who bought the dip today, or those who caught the needle, can set a stop-loss at the current price.

Recently, the dealer has been constantly blowing long and short positions in this pattern and position. Now that it has recovered the upward trend, it should rebound upwards again in two days; as long as you remain bullish, or manage your positions, if you don't do so in two days, you will be doomed, with no trace left.

In this position, it's really awkward; Bitcoin has an ETF, continuously buying in, yet it just keeps falling, and the decline is not significant. Many altcoins have already entered a bearish pattern: Solana, Dogecoin, XLM, Near, WIL, DOT, etc., are all in a correction phase. As for entering the market, the position isn't ideal; not entering makes one worry about a sudden surge, which is quite distressing.

It's a dilemma; spot traders are only advised to place orders at key positions and wait. As for contract traders, it's inherently a matter of licking blood from the edge of a knife and seizing food from the tiger's mouth. It's a matter of life and death. All I can suggest is to enter and exit quickly; if you make a profit, just run.

Recently, I believe that the K-line of Bitcoin is entirely drawn by the dealer for technical analysts to see. Today, everything is peaceful and joyful for two days; place your orders to enter the market. On the third night, with the moon dark and the wind high, at three in the morning, the blade comes down. When you wake up, you see an email from Binance reminding you that your position has been forcibly liquidated. You can't help but curse out loud, 'Damn, damn, I damn.' $BTC