Bitcoin has been oscillating at a high level for a long time, repeatedly challenging the key position of 100,000 and failing.
In military operations, everyone knows one principle: once, again, and again leads to depletion.
Especially this week, the possibility of a correction is quite high. Bitcoin just dropped directly with a bearish candle, instantly falling 2000 points. Although this means nothing significant for Bitcoin, it does indicate Bitcoin's current 'attitude'.
This week is quite special; it coincides with Thanksgiving, and there are two days off work, along with the weekend, so institutions won’t have a chance to come in and buy frantically. Whether Bitcoin can maintain its current price is an unknown.
At this moment, if I were the dealer, I might take the opportunity to suddenly crash the market while these dead bulls don’t react.
Because a huge amount of capital is waiting to be harvested below.
Everyone can open the liquidation map and take a look. If Bitcoin drops to 90,000, there will be 11 billion USD to be harvested below.
Therefore, everyone should not chase high prices these days; your best choice now is to wait for a market correction.
Never think that the market will only go up and never correct.
Control your position well, maintain about 60% in spot positions and hold about 40% in cash; this way you will be very safe.
Money is endless, the primary task is to ensure that you do not incur losses.
Everyone should analyze their own choices and take responsibility; if the market takes off, don’t come to blame me, I’m just providing a perspective for thought.
2,
Generally speaking, bull markets start with Bitcoin surging first, then funds flow out of Bitcoin into Ethereum, and after Ethereum surges, it triggers a crazy season for altcoins.
This rise is different from the previous ones; this round of Bitcoin's rise is completely driven by institutions, with firms like BlackRock and MicroStrategy frantically buying.
Yes, Bitcoin has surged continuously.
Now, we have to adjust our expectations for Bitcoin in this bull market, from an initial 120,000 to now 140,000.
If we consider the craziness of the institutions, plus Trump's support, Bitcoin should easily reach 140,000.
Previously, our expectation was to consider taking profits when Bitcoin reaches 100,000.
As it turns out now, only Bitcoin stands out, and the rest have not exploded.
If Bitcoin can stabilize, then Ethereum may break through 3500, charging towards 3800 or even higher, and then we will see a frenzy among altcoins.
But this rhythm seems a bit fast; I thought such a rhythm wouldn’t appear until March next year, but now there are already signs of it.
At this moment, I have to think calmly.
So, I have reduced my position from about 75% to 60%.
At this position, I can finally feel at ease.
If the market takes off, a 60% position is enough for me to profit; if there’s a correction, I will have enough cash to buy the dip.
This way, I can sleep soundly at night.
3,
Years in the crypto space have taught me that earning more or less is not important; surviving is the most important.
The longer you live, the more you earn.
So, I never chase high prices or take risky investments.
In recent days, many coins in the market have surged, even doubling in just a few days.
Everyone think about it, why are these projects doubling? Is it the dealer controlling the rhythm?
If the bull continues, you must be cautious. If your position is stagnant, you need to adjust your mindset during a correction.
Never calculate small gains; I lost tens of thousands today, and that money is enough for me to buy ***.
If you calculate like this, your mindset will explode even more.
Of course, the market may not correct in the short term; no one can predict the dealer's intentions, but a correction will definitely happen, it's just a matter of time.
Everyone should try to tilt their funds towards mainstream coins and avoid betting on altcoins. For some marginal altcoins, my funds usually won't exceed 1% of the total position; you can use this as a standard.
