12🈷️ Initial pancake seven consecutive positives show fatigue, seemingly at the end of its strength
The imitation five consecutive negatives are poised to launch like tomorrow's star
Initially thought the imitation was an investment, later realized it was gambling, and finally understood it was debt repayment, in reality, it was a donation
The imitation falls to the point of questioning life, in reality, it's a burial companion. Once a downward trend forms, the first wave of bottom-picking gets slaughtered, even those waiting with limit orders can get buried, let alone the aggressive bottom pickers
Ultimately, there is no major market trend at the end of the year; it is the time of worst liquidity. The money made from trading cryptocurrencies is absolutely a compensation for cognition, actually just one fatal mistake: greed!
Have been saying to start reducing positions by 5 layers for risk control in late December, there were many opportunities to escape, at least the 5-layer position was not affected, but in the end, I still like to pick up limit orders, the idea of limit orders is fine, but try to find buying points on the 4-hour chart, being too aggressive will get buried directly in these two days.