Everyone who has read my article should know my prediction results. The reason why I only judge Bitcoin is because Bitcoin represents the direction and dynamics of the overall market. Other altcoins, as well as those with better mainstream value, largely follow Bitcoin, and even Ethereum is following in the footsteps of Bitcoin.

Therefore, as long as you understand the trend and direction of Bitcoin, you can basically avoid big pitfalls in the currency circle.

Without further ado, let's get straight to the point. Originally, we thought that the volume could reach 70,000. It had to touch 70,000 or get close to it. It was really too much effort. It was all just waving flags and shouting. The rise of real money and silver was very weak...

At present, all long positions have been closed. I was slow to react and opened a high-multiple long position at 60,000. Many people laughed at me at that time.

The reason why I reacted and cancelled the short position and opened a long position at 60,000 was because so many people in the forum were shorting, which really scared me... If everyone eats pork, who will raise the pigs?

That's why when the price was 60,000, I suddenly placed high-multiple long orders. At that time, I just wanted to bet on human nature, or that the main force was not Lei Feng. That was just a small idea.

This is my psychological journey. It was barely correct, at least I made a profit. The only pity was that I was short below 60,000 and I was slow to react. In this market we are always students and we must always be in awe of the market.

I don’t have any long orders at the moment. I’ve started to look bearish since 6.4. Although there are certain risks, if the market goes crazy and reaches 70,000, I can only accept the loss…

My judgment on the current market is that it will fluctuate between above 50,000 and below 70,000 for at least half a year, or even longer than half a year...

There is no other way. If I were the main force, I would do the same. I will not clean up this position thoroughly and I will not pull up the price. I am not Lei Feng. Why should I let you make money?

As the saying goes, the simplest way of life is the best and human nature is selfish, this also applies to this market.

At present, it is impossible to judge whether it will fall below 50,000, or even approach 40,000. I cannot reach a common view with my friends on this, unless the main force maliciously smashes the market. Therefore, you can hold 50% of the position above 50,000 and keep some bullets. In case the main force really goes to 40,000, we can also fight.

That’s basically all I have to say. There’s not much else to say. As long as we follow this line of thought, there will basically be no major problems at the moment.