#加密市场回调

As the saying goes, the bold die from excess while the timid starve; there’s truth in that. Yesterday's pullback, if you had added to your position at the lows, should have resulted in profit at today’s highs. This market behaves like that, targeting the liquidation of long contracts. It reached around 92,200, with a pullback exceeding 20%, and at least 20% of long positions were liquidated. After reaching that point, it quickly surged, not giving you a chance to add to your positions—a true one-day bear market.

Having experienced a one-day bear market, the market remains severe. Christmas has not yet arrived, and the bulls have already made their move; could it be time for the bears to have their turn? Right after Christmas comes New Year's Day, which are all hotspots that the market makers can manipulate.

Finally, let me reiterate: focus on spot trading primarily, with contracts as a supplement. If you profit from contracts, buy physical Bitcoin. Remember, the end of contracts is liquidation.