$BTC The truth is hard to hear. We are here to make money, not to talk about faith. We can't keep singing bullish without thinking. The market has adjusted. Our thinking must also be adjusted. If the pie falls for 1 year. Does it mean that we will not only lose profits, but also suffer principal losses! In the last bull market, I was also brainless and bullish, but I didn't make much! I also hope that it will rise and keep rising, because it will be easy for everyone to make money when it rises, but the market is not like this! It won't let us do whatever we want. I know that some partners are unhappy because they are trapped, but we are all adults. The market will not always let you make money comfortably. The process of making money is painful! Traders grow in pain. In the past few days, I have been reviewing my trading ideas, including summarizing the operations of the last bull market. If you want to make money, you must continue to improve, learn and think! The most feared thing in trading is emotional control. Cutting meat and stopping losses sounds simple, but it is difficult to do, including me! Because this is real money! But if you don't cut your losses, and you are holding altcoins, is it possible that your positions will have to endure a sharp drop, zero, and delisting when the big bitcoin price plummets? What I'm talking about are all bloody lessons. The scenes of the last bear market are still vivid in my ears. We should not care too much about whether we can make dozens or hundreds of times in this round of market. I think it's good to make money. Because there are too many opportunities in the currency circle. Your approach should be to make money. We are all young and there are plenty of opportunities. But if you lose money every time in the bull market. Then you can't help but ask yourself: why!
Finally, let me summarize why I am not optimistic about the next trend:
1: The situation in the Middle East. Everyone knows that the turning point of the last bull market was the Russian-Ukrainian war, which led to the sharp drop in the big bitcoin price and accelerated the entry of the bear market.
2: The Fed's interest rate cut is far away. It was originally scheduled to start cutting interest rates in the second quarter of this year. It is expected to be more than 2-3 times in 2024. As a result, the current news may not cut interest rates this year!
3: At the current high level of big bitcoin, should I buy or sell? My analysis is how much can big bitcoin rise if it rises? But if you hold the order when the price drops, you will not be able to bear it!
4: At present, the funds of US stock Bitcoin spot ETFs have begun to flow out continuously. The countdown to halving has begun, and the market is still selling in panic!