Say, my long position was closed at around 100500 this morning

Yesterday's bearish candle was too powerful. If it had been a pin bar, it would have been fine. Don’t be fooled by the 6000 points; it’s much scarier in different market conditions than the 90000 pin bar at 104000 because, no matter what, the previous downtrend and consolidation were always within normal fluctuations. A small pullback from 100000 after coming up from 75000 and a few weeks of consolidation is very normal. However, even though this bearish candle is only 6000 points, it made me panic. It just broke through the consolidation area and is in the startup phase; this bearish candle is too abnormal, and the risk is too high.

However, even if time could rewind and give me another chance at 108000, I still wouldn’t close my position because of emotions; there isn’t enough time. If I want to make tens of thousands of points in profit, these are things I need to endure. But when the risk comes, I decisively exit to observe first.

In summary, while I cannot determine the end of a bull market, the upward trend may be broken, and the risk is too high. I will observe for now, neither shorting nor going long. Even if I miss a part of the market, it shows it’s not money I should earn. Risk always comes first. I will observe for a few days $BTC