When feeling lost, we should stop and ask ourselves: "What am I doing in the crypto world? Am I here for excitement? Am I here to gamble? Or is it because traditional businesses are hard to run, and I've lost too much on previous projects, wanting to turn things around in crypto and provide a better life for my family?"
Today is January 2nd. Although Bitcoin closed with a bearish candle in the last month of 2024, this is not important; the bulls are still strong. Bitcoin took the lead, and Ethereum broke its historical high, but this does not mean Ethereum is weak. Looking at the monthly chart, Ethereum's bottom is very solid. After oscillating from June 2022 to October 2023, it finally broke out of the bottom range, and after the breakout, it oscillated around 3000 for about 10 months, moving steadily at every step. Even if the market is not optimistic about Ethereum, the charts do not lie; the main force's deceptive tactics can make many people overlook Ethereum.
Current market situation: the long-short ratio exceeds 2:1, and the contract funding rate continues to rise. If I were the main force, what would I do? Constantly inserting spikes up and down while continuously shifting the center of gravity downwards. Of course, during this process, I may not be making money, but the signal I want to convey to the market is: be careful not to go too far, don't leverage too high; it's best to close the contracts honestly. I have the right to liquidate you at any time. By continuously moving the center of gravity downwards, I aim to reduce the overall contract positions across the network. During this process, I can attack or retreat, and while grinding through this, I will constantly release some ambiguous news, waiting for some foolish gamblers to place their bets. If at this time, a high-leverage position comes in risking their family's assets, I would gladly accept this New Year's gift. When everyone becomes rational, leverage decreases, and things return to normal, that might be when I choose to continue the market movement.