I have always been bullish before. Even though Bitcoin fell by several thousand dollars in the evening after posting the article on January 18, I still maintained the view that Bitcoin would rise for at least one round.

As for the current position of the market, my view has changed.

Although there were tens of thousands of dollars inserted in the past few days to clean up a wave of high-magnification leverage, I have looked at the trend of the market in the past two days, and I always feel a little uneasy. For the time being, I will look at a round of non-quick pin corrections. Of course, this is just my own opinion. If the market continues to rise, then I will have to bear the risk of going short.

However, because my previous profits have reached my personal expectations, it is acceptable to temporarily stop profits at this position.

(Final statement: personal opinions do not serve as trading advice)

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