A week of long-short battles; I don’t know how your situation has been this week.
If the market first experiences a sharp decline and then starts to slowly recover, this usually indicates that the market is undergoing a washout. The sharp drop may panic some investors into selling, but the subsequent slow rise shows that market sentiment is stabilizing, and buyers are regaining advantage. This is a positive signal after the market goes through a washout.
This month’s strategy is publicly shared across the network. December is also the legendary battle, with a promising future ahead; everything can be anticipated! Here’s a share of the logic behind this week's given ideas.
Monday: At 101500, I said not to short! The pullback is for going long, and the market has also rebounded nearly 5000 points.
Tuesday: At 105000, I remind you again not to short! The market continues to rally nearly 2000 points before pulling back.
Wednesday: Around 104000, you can take a short-term short position and then continue to watch for a rebound; at this time, the long-short situation has nearly 3000 points.
Thursday: At 105000, the thinking began to shift, allowing you to position your shorts. After the idea was given, the market plummeted nearly 7000 points following Powell's speech in the early morning, then rebounded to 102500. This is what 90 often says: we shouldn't stick to either long or short positions; we need to change our trading ideas according to market trends in a timely manner!
Friday: At 102000, I advised you to short. After the US stock market opened on Thursday, the market started to decline until it dropped nearly 8000 points before rebounding. At this time, I remind you again not to go long!
Saturday: Letting you short around 98000, after a rebound to 993, the market started to pull back significantly by 2400 points. Who wouldn’t be happy with such a market over the weekend?
I don't know how this idea and strategy have benefited you, but with 90's understanding of the market, many retail investors certainly couldn't hold on in the end. I can only say it’s better not to take the wrong path. After a week of major cleaning, it also tells you that when trading contracts, don't think about holding onto positions to recover; the final outcome is predictable...
During the weekend, I will share with you the market outlook for next week. With the Christmas holiday coming, next week may again be a week of significant washouts. With six years of experience in the crypto space, regardless of holidays or news stimuli, the market will have a large washout wave. So at this time, you must have a reasonable trading plan and learn to control your hands and wait for the right opportunity! On the daily level, there is a very high possibility of a bearish continuation. Currently, it has also broken down the support level, so if it continues to probe down, long positions will only get washed out more.
Under normal circumstances, weekend trading is a time for the market to rest, but the operators don't think so. This is why 90 suggests you position your shorts around 980; this level serves as a dividing line between long and short. We can still look down to the 87000-88000 range; the four-hour chart shows a bearish trend.
In the same wave of the market, some achieve eternal success, while others quietly leave. This is a place where one can pick up gold bars just by bending down, yet it is also a battlefield where one can vanish with a turn. If the path is wrong, what use is running? If you follow the wrong people, what’s left for you is only the result of further capital depreciation. This redistribution of wealth shouldn't make you a weak one to be divided! Over the weekend, we can chat about the upcoming market trends and ideas, seizing this opportunity before the year ends.$BTC 
