Evening bullish expectations were thwarted, as Bitcoin's situation took a sharp turn downwards in the early morning, plummeting all the way down and ultimately breaking the crucial support at 98,000, resulting in a one-sided decline. This drop was indeed unexpected, hitting shorts hard, leading to a stop loss of 800 points and 50 points! To be precise, after the Federal Reserve, it became a washout.

Market traps always lurk closely, and investors' greed is like cancer; to eradicate it, one must undergo a painful and thorough operation for any hope of survival. Failing to curb greed and allowing risks to drift away leads to a loss of control, which is the reason for massive losses for most people.

Of course, during such a violent downtrend, those who need to stop loss should do so. Stopping losses is not scary; what is scary is holding onto positions and mindlessly increasing positions. At this time, the trading system becomes particularly important; the system is not about how much money we can make but rather about restraining us to minimize losses. Minimizing losses is equivalent to making money.