The current structure of this market indicates a bullish outlook, and I am firmly bullish up to 110,000 this month. However, if we reopen positions now, the average price will be slightly higher, coupled with the pullback on December 10th which has cooled off the bulls a bit. Nevertheless, these are not reasons to stop being bullish. Just because it has risen significantly does not mean we must short; the logic for shorting is not simply because of a significant rise, but rather due to encountering a resistance point that briefly holds. If the opportunity is small, it's best not to engage.

Some say this is an institutional bull market; regardless of the type of bull, if it can rise in the short term, it is a bull market. There's no need to dwell on useless things; let’s focus on the price levels. On Friday, I suggested a low long position between 99,600 and 99,200, with profit-taking points at: 100,850, 101,400, 101,800. Hold 30% of your position for a higher price, aiming for 102,900, 103,500, 105,000. The reason for holding 30% was to take advantage of the upward trend. It has now dropped to 102,900, and the 100,000 level has actually stabilized in the short term. This stabilization does not mean it won't pull back below 100,000 later, but it indicates that in the current market, it cannot drop below 100,000 unless there is significant negative news. Therefore, in the short term, the strategy is to buy on dips; don't say that at 102,000, trading code: xntm566 means it will rise to 120,000 in Q1 next year. Bulls must also buy on dips; buying on dips is a way to be bearish while still going long. Here, 'bearish' is a natural law of entry and exit because it can never rise in a straight line; there will always be smaller declines. Only by buying on dips can one succeed in a bull market and maximize profits. #AVA突破3美元 #SUI再创新高 #VELODROME将上线币安