Wall Street is robbing again, always causing trouble in the middle of the night, leaving many heavily invested contract partners waking up confused, rubbing their eyes, thinking they are dreaming, probably their accounts have been completely emptied, and it's not even done falling.
This is the bloody reality of the financial market. I am waiting with a light position for it to come down. Seeing so many people crazily shouting long positions is nerve-wracking; it's a 7-second memory, and one must always remain vigilant, with stop-loss orders. In a bull market, one must focus on spot trading, and even light contracts must have stop-losses. Surviving is the way to go.
The bull market has not had any significant corrections; Bitcoin needs to fall more than 20% to be considered reasonable, and others over 50%. A good wash is healthy.
