【Is this market a big bull with Bitcoin crazily sucking blood? When will it pull back?】

Although Bitcoin is close to 100,000, don't think this is a big bull market; it can only be a Bitcoin bull market, with a small portion of altcoins performing well. Overall, altcoins haven't reached a big bull market and are still far from it. There will be many sharp rises and falls along the way.

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Personally, I believe that a market with an index exceeding 92 in extreme greed won't last long. The stars promoting digital currencies indicate they want to run away, and the media's various reports have given Bitcoin enough exposure, making the retail investors excited. The dragon-slaying knife of the whales has already been sharpened.

I don't want to call for a short position; after all, if it drops, I will also incur losses holding my coins. Rationality tells me that trading needs to be cautious at this time. Of course, we still have to look at next week's data for further insights. I will closely monitor the inflows and outflows of the Bitcoin ETF in the US stock market.

Next---

Next week may be a turning point, and a significant drop is expected around November 27. It's hard to say where Bitcoin will fall back to for now.

Altcoins only have this weekend and the next three days as a window of opportunity for explosive growth. If there is no pump, we can only wait for the next wave cycle; some promising altcoins in the SOL sector have already been washed out in advance.

Our main positions can only wait for the next opportunity to accumulate----

I called for mid-line accumulation in September-October, and most of the coins performed reasonably well. However, some coins like BOME are not worth holding anymore. I still hold some, which can be called an apocalyptic index; if it pumps, it means they are about to run away. Other non-dominant coins like BB or NOT, DOGS, are not worth much.

The first opportunity to clear and take profits appeared around November 14. During this time, I called for profit-taking on WIF, SUI, IO, SOL, and CATI, and I no longer hold these coins. The remaining coins that haven't exploded can still be held. The strategy has repeatedly reminded to take profits at highs and pay attention to risks. Currently, operations are only for short-term trading, and you must set stop-loss levels upon entry. If it falls below the 6-hour BBI, unconditional stop-loss applies.