The market in these past few days has been difficult for everyone.

From the peak to now, Bitcoin has already dropped by 10,000 points; is it really just because of one sentence from old Powell that the market fell to this level?

Of course not, it's just that the big players are taking the opportunity to wash out the traders.

In previous articles, Shisan mentioned that Christmas doesn't necessarily fall. Everyone can check the original text; Shisan came to this conclusion through data analysis, rather than just speaking randomly.

As of now, the Christmas market has fallen; declines are a part of investing, and we must learn to endure.

However, at this point in the market, everyone does not need to worry too much.

If I were the big player, I might also take the opportunity to wash out most of the retail investors, especially during Christmas and Powell's speech.

In the short term, the support level is at 92,000. Shisan opened an Ant position at 92,000 to 95,000 for experimentation. If the market continues to go down, the next support is at 87,000 to 88,000.

The current market is falling sharply, seemingly about to break below 93,000, but Shisan believes that this Christmas, the market will likely oscillate between 93,000 and 99,000.

There won't be too much drastic fluctuation.

However, the likelihood of downward fluctuations is greater, such as now, hence Shisan opened an Ant position to verify some investment theories.

Christmas is equivalent to our Spring Festival. The elites on Wall Street will take advantage of the holiday to enjoy life, buying cars, houses, and increasing consumption, just like we like to have some cash on hand to go home and play cards before the New Year.

So the market may continue to be sluggish for a few days; everyone just needs to hold on.

At the same time, also be prepared for the market to probe down to the 88,000 range.

2,

The current greed-fear index is 70.

For the big players to wash the market, in principle, they should not have reached their goal yet.

After all, many retail investors are still resisting, but there is only one week until the 25th, and the market is about to show its direction.

Regardless of how the market falls, it is a short-term behavior. I hope everyone holds their spot firmly and doesn't be overly fearful.

We are currently in a bull market cycle, just a correction and recovery after an increase.

The coins we hold are all valuable coins, and they are spot, so there is no need to worry at all.

If there is cash position, one can enter the field after each large-scale drop, regardless of the price level or time.

Everyone knows that Shisan basically won't lead everyone to trade contracts.

In this circle, many people have become so-called experts by moving here and there. Whether they are accurate or not is not the point; this atmosphere is not good.

Contracts are after all high-risk investment behaviors; transporting strategies without one's own judgment logic carry very high operational risks.

For the past few months, Shisan has been using the Ant position to test some investment theories.

Every position opened must have sufficient reasons to support it, not just random statements, such as technical support, data support, market sentiment support, and so on.

However, Shisan still advises everyone not to blindly open positions during this period.

The techniques everyone learns are the same; there are just a few main technical indicators. Two people with similar skills will give two different strategies for the same market situation.

Therefore, the long-short ratio you see in the market often doesn't differ much.

Can you say that those who short have better skills than those who go long? Of course not; it still requires luck.

Every time a bear market comes, all the retail investors kneel on the ground and swear to the sky that they will never touch contracts.

But when the bull market comes, when the market is better, they forget the pain from before.

Trading contracts indeed has a mad appeal for anyone; after all, look at how others post their trades and casually open a position to earn hundreds of thousands of U.

Can you resist greed?

Of course not, at this time you most hope that the position is one you opened yourself.

But according to Shisan's years in the cryptocurrency circle, if you waste all your energy on contracts during a bull market, you will basically miss the entire bull cycle.

Remember~

3,

Generally speaking, when the market is declining, a lot of negative news will emerge.

However, this time is not the same; the market seems a bit divided.

From the perspective of technical analysis and data analysis, the market outlook is bearish.

Technically, the upward trend has already broken; from the data, Bitcoin continues to flow into exchanges for selling, and the ETF has also seen outflows for three consecutive days...

This tells us that the market may continue to fall.

But from the news perspective, it is all positive. Apart from old Powell's previous speech, the market can hardly find negative news.

Shisan seriously researched and found that in the current market environment, it is almost impossible to find significant negative news.

This wave of decline is, in Shisan's view, a 'sell the news' reaction following Trump's election as president.

After this huge positive news landed, following a month of continuous rising, good news turned into negative.

Next, as Trump officially takes office, a new round of positive news will re-emerge.

At this stage, the market definitely needs retail investors to panic, instead of remaining as confident as Shisan; otherwise, the correction has not yet reached its target.

The interests of big players and retail investors are opposing.

When retail investors are frantically chasing highs to buy in, the main forces often quietly offload; and vice versa.

If retail investors believe the bull is gone, then it is actually just the bull lowering its head to graze.

When the violent bull market of 25 years arrives and retail investors are frantically buying, the booming market is actually just a flash in the pan.

We must grasp the timing of taking profits; we will remind everyone in the circle when the time comes, so please keep paying attention.