Are you panicking? All you big players, I said the risk is coming, everyone should reduce their positions at high points. A bunch of people, commenting below cursing, I’ve said it before, we are currently entering a risky area, do not go long, do not over-leverage. I’ve mentioned that it’s better for you to short rather than go long.

After being beaten for so many years, it was the same back then. Seeing BTC reach a high, some altcoins that haven’t really surged, made people think it’s an opportunity. But you have to consider that this market follows BTC; even if you are strong, if BTC drops, you will eventually crumble.

Currently, it really is an extremely risky area. If BTC breaks below the crucial level of 66,000 with volume, I’ve said not to rush to catch it. Every drop will definitely be a bloody massacre. I’ve said it many times, no matter how high, if it drops from the peak by 10,000 points, today’s high was 69,500. If it crashes, wait for it to hit 60,000.

Today, many people must have spent a sleepless night, burning incense and praying not to drop below 66,000. Many who chased in at high points will suffer heavy losses. I’ve mentioned many times that this bull market is different from the past; it’s only a bull market for BTC and meme coins. Most other chains are just gimmicks to lure retail investors into buying. Just look at ETH; after so many years of smart contracts, what innovations have other chains brought to the blockchain revolution?

Sometimes I can be reckless too, fooled by some worthless coins. But in terms of grasping the big trend, I’ve somewhat found the trick. Two weeks ago, I called for many people to enter various coins. Last weekend, I already reminded everyone to reduce their positions at highs and taught many about moving stop losses and locking in profits.

We are still in a risky area. If BTC rebounds upwards, it’s also time for everyone to reduce their positions at highs. Many say that if Trump wins the election, it will definitely skyrocket. I’ve also mentioned that the news you see is what the big players want you to see. If you don’t PUA yourself, how can you let your guard down? How can they harvest bloodily and then enjoy the spoils?

In these past few days, I haven’t recommended any coins to go long because my market logic tells me that risks can arise at any time, and many retail investors can easily get trapped at the peak. Sometimes, it’s better to miss out than to make a mistake. Only those who have been beaten in life can face the market and human nature with tears in their eyes and a smile on their face. Sigh, I’m just a small retail investor; if I get cursed, so be it. What’s there to it? $BTC #BTC要挑战7W大关了吗？