Today, a friend from the crypto world specifically came to ask me, if Bitcoin reaches 100,000, will there be a big correction?

Haha! I said, a correction will definitely happen, as for what price it will correct to, that's still up for debate, after all, a waterfall will be late, but it will definitely not be absent!

Looking at the historical data, the current market has already reached a peak greed index of around 94 during the second wave of the main rising trend, clearly not an opportunity to chase more, instead we should patiently wait for a drop to clear leverage before lowering the leverage and boldly buying the dip, in the meantime, you just need to learn one word: "wait"!

I looked at the liquidation chart, if it drops to 80,000, it will liquidate over 5 billion, if it rises to 100,000 it will liquidate a few hundred million, the big players will definitely go to liquidate this wave, they will wash us out clearly, nobody knows exactly when that will happen, what we need to do now is to remain rational, not to chase high, of course, if you are trading short-term fluctuations, then just ignore what I said.

Where are we now, at 98,000. Help me up, looking around, the bears are dead or injured, there is no one around, I shout out, leaving only one sentence, all dead.

Yesterday BTC surged with high volume, when high volume appears at the peak, you must run, even if you run incorrectly, you must run. The MACD is again adding fuel at a high position, with high altitude fueling, so, the target flying area should be coming. Currently, it is already in a serious overbought area, I just want to ask, at this position, should we retail investors get on board? Certainly not, it’s just a direct game between big capital.

As for BTC right now, I have no opinion, because technicals can sometimes fail, and emotions dominate much of the operational logic. I just want to say, it’s very crazy right now, and we are facing the biggest risks, operations need to be particularly cautious, as for the cognitive matters, I won’t delve into that.

One more thing, all the good and bad news are just tricks for the big players to harvest retail investors, if you are too influenced by the news, you will forever be led by the big players, making money temporarily, one day you will have to pay it back, there are no gods here, everyone is just a retail investor in the big players' field.