This wave of rising market started from 67000 and surged all the way to 90000
Only rising without falling, purely one-sided, fomo emotions exploded
This wave of 5000 dollars downward spike is very likely to start a retracement to kill the longs
The implication is clear: the decline will not stop here
Some people believe it’s a reverse to pick up the people! Hurry up and rush! Reverse to pick up people is just a joke 😂 Don’t take it seriously!
In terms of operations: shorting is off the table. Be bearish but don’t short, if it goes down, add to positions, if it’s time to bottom fish, do it in batches
Not going down means it’s not meant to be, if there’s no good position and you force yourself in, then you’re testing your position management skills and mindset. It’s better to miss out than to put yourself in a hot seat
Wealth does not enter through urgent doors