Now it is basically certain that 100,000-120,000 is the top of this bull market. As for where the high point will be when it rises again after consolidating for 2-3 months, it is still unknown. According to the historical bull market callback, the top callback of 30-40% will be the bottom of the staged callback, so I temporarily set the bottom-picking range between 70,000 and 80,000. Considering the increase in scale, the decline (30-40%) should also be reduced accordingly.
Risk reminders are never given after the risk has been released, because such a retracement is terrifying. Not everyone can face a 30% decline calmly. In the currency circle, you don’t need to get rich overnight, you just need to smell the risk every time a risk appears, and make yourself rich slowly. Investment is a marathon. Most of those who got rich overnight did not keep their wealth now, and eventually disappeared. Earning money within cognition and not gambling is the way to invest.
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