2025/1/6 Nightline Perspective
Today, there will be no market trend chart released, as everything has been progressing as expected. There's no need to specifically provide a chart to appear 'professional'.
We will only discuss the current market situation; there is still a resistance level at 102640 and another at 104000 on Bitcoin.
However, today is the 6th, and we have moved too quickly. There is still a considerable distance until the 20th. Although there are no expected negative factors in the first half of January, we must remain cautious. During the upward movement, it wouldn't be surprising to see some 1-hour or 4-hour pin bars or pullbacks. Quick shakeouts to wash out high-leverage contracts may happen.
The area around 99950 is a strong resistance zone, so a significant bullish candle is required to surpass this level. A valid breakout needs the price to rise directly above at least 100500 to confirm a top-bottom exchange during a pullback, so seeing a rise is not unusual; what’s surprising is that it reached this point on the 6th, earlier than I expected.
I might be annoying because I always advise caution when bulls are happy and suggest going long when bears are happy.
But it is genuinely for your benefit; I don’t want you to lose money.
If you have chips at the bottom, you can gradually exit in batches. After Bitcoin rises above 101000, for every 1000 points increase, you can sell 10% of your position. If it continues to rise, exit slowly until you have 50% left, then observe the time. If it’s after the 15th, adjust your stop-loss position. Wait for the final ultimate good news to see how to decide whether to continue the trend or not.
Floating profit is not profit; until it is realized, that money is hard to say who it belongs to.
The pain of profit retracement, the pain of missing a sell opportunity, and the pain of being out of the market are all part of the trading experience. Trading is a form of practice; we are all ascetics.