Just a reminder to go to sleep, don't fomo, especially during this time don't play with high multiples, it won't break 100,000 in the short term, and it will need to be pulled back repeatedly. However, if rice is a long-term investment, there's no need to worry about whether it breaks 100,000 in the short term, because it will definitely break 100,000. Sometimes time, trends, and cycles are far more important than price points. Specifically, look at the closing price tomorrow morning. I never speak ambiguously about the market. Tomorrow I will explain why even if I know there might be a pullback, I won't reduce my position, and the reason for not closing positions is $BTC

I am a nanny-style daily recharge believer 😂 I haven't missed the trend aspect, and I mentioned a lot before that I was not judging this as a big pullback, the essence is simple, check it yourself $BTC

It seems to have bottomed out, but don't be too fomo. After this wave of decline, it won't break through in the short term. There will be back-and-forth fluctuations. Even if it rises to 98000, there is still a possibility of pulling back to 92000. If today’s closing price stabilizes, then we can determine that 90800 is the bottom. This is a characteristic of a bull market; after a small pullback bottoms out, even if it withdraws again in the subsequent fluctuations, the low points will still be above 90800.

Ethereum remains the same, even if it doesn't break through this time, it will still look for a 3200 iron bottom. If you are buying long at low levels, it is advisable to hold for the long term; in the end, the ones who make big profits will be the diamond hands. I know some people like to trade based on points for intraday trading, but intraday trading is actually difficult, especially in a bull market with such large fluctuations. It is easy to hit stop losses, easy to get spiked, and if you don't take profits in time, the retracement can be significant, which is also a test of your mentality. Don't just listen to some bloggers saying that setting stop losses and take profits is enough; this requires you to be very accurate with the volatility and be able to endure the fluctuations. After all, even if the position is right, it won't reach immediately. It's recommended to do less intraday trading and focus more on phases. If you really want to do short-term trading, just create an account to trade on trend for the long term $BTC .

Gaining followers is so difficult. When I reach 1000 followers, I will start a voice live stream to discuss trends and market conditions. I'm not exaggerating; ever since I understood the essence of trends, I've never missed a beat.

Have you seen my post about going long on Ethereum?

🐶Big pancake, if 90800 is the bottom, then I would like to call the big pancake a dog pancake. I see 91500, you give me a break through $BTC
$ETH

I scrolled through Twitter and the square, and found that there are still quite a few people looking to buy the dip. I don't really like having so many people with the same opinion as me 😂 But I noticed that many are looking to buy the dip between 87000 and 89000. If the market continues to rise afterwards, it is very likely that it will either not drop to that range or exceed that position. For those bullish brothers, where do you see the bottom? Or for the old friends you encountered, what position are you looking at? Let's discuss in the comments $BTC

Our big Ethereum is still quite strong. I have mentioned Ethereum many times before, and I have also said that 3200 might be the bottom, and it probably won't break below that. Currently, even if Ethereum cannot break through, as long as Bitcoin doesn’t have a major pullback, even if it drops further, Ethereum basically won't break 3200. Let's see if Ethereum can break through this time.

Investing in the long term is like this; one must endure the pain of pullbacks and fluctuations. I started buying in at over 60,000 during this wave of increase from 59,000, and I kept adding to my position until it became a heavy investment, raising my cost to 63,800. On one hand, I wanted to trade in segments, but on the other hand, there was always a voice in my head asking if the rise was over. At that time, the overall outlook was bullish, but I ended up getting washed out during the fluctuations, and I never got another opportunity after that. My mindset became chaotic, and I lost quite a bit of profit through reckless trading. Finally, on the day it broke 74,000, I was waiting for a significant pullback, but there wasn't one that day. The next day, it fluctuated again, and on the third day, I judged that there wouldn't be a major pullback, so I chased in around 76,000. That position at 63,800 became an eternal pain, so I chose to give up on segment trading. Even at 99,000, knowing there might be a pullback, I didn't close my position. The rhythm and intensity of the pullback exceeded expectations a bit, but it's not important; I continue to hold a bullish outlook. A major pullback would need to decline from 99,000 to 80,000 for it to be valid, and I don't believe that will happen. Therefore, even if it pulls back to 89,000 or 87,000, that would still be normal. However, the characteristic of a bull market is that when the price has risen to a platform, it is very hard for the lows to return to the previous platform's lows. Only a major pullback can break the previous lows of a pullback. In terms of trends, I still have a lot of confidence in myself; I haven't missed out on the major direction or significant positions. I will patiently wait for December $BTC .

Some mainstream cryptocurrencies did not follow the decline of Bitcoin, and even showed a rotation of weak altcoin sectors. This is a typical correction within a bull market. If it were a peak or a major correction within a primary upward wave, it would lead to a comprehensive decline across all sectors of the market. Patience is key; if the correction and recovery are relatively strong, the market will recover within one to two weeks. If it is weaker, it will simply take longer to oscillate. However, after the first bottom appears, even if there are continuous fluctuations between highs and lows, the lows will gradually become higher.

The market surprised us again this morning. The extreme level of 91500 that was mentioned yesterday afternoon bounced back by 3000 points and then broke through again. To be honest, this pullback was within my expectations, but it exceeded my predictions. Originally, I expected the pullback levels to be at 94000 and 91500, and it was supposed to be a pin-like decline. However, the 4-hour downward trend exceeded my expectations, so I have reflected on it for quite a while. Trading is about continuous improvement. Bitcoin has doubled from the bottom of 49000 to around 100000, and each time Bitcoin doubles from the bottom during a major upward wave, the retracement tends to be deeper than normal. This is why I don't want to heavily invest in high-leverage contracts during the upward trend, as there are always unexpected events and the risks are too high. Therefore, I am always waiting for that major pullback in the main upward wave. Although these bottoms also carry risks, relatively speaking, the risk is significantly smaller. In summary, I will continue to hold low-leverage positions and remain confident in the rise in December, firmly believing that a major pullback will not occur at this time. If a major pullback happens at this level, we could see 80000, but as I said, the time and height are still not sufficient. The core viewpoint in my system is cycles, trends, and time. The principle is simple: a trend will not form in a short time, nor will it end in a short time. However, since the market has shown a downward trend, it will require more probing fluctuations in the short term to break out into the next upward phase. If it continues to decline to 89000, I will increase my position once, and at 87000, I will increase my position again. Don't be intimidated by the short-term decline; at the very least, hold until February 25, 2025, $BTC .

To put it simply, those without positions are bolder; giving you an opportunity to enter the market is useless. Don’t care about those short-term fluctuations; just go in with low leverage, no high leverage. It’s not time for high leverage yet; at least my trading system isn’t ready for high leverage. The same goes for Ethereum; I’ve mentioned the trend countless times. Can those short-term fluctuations make you rich? Just go in with low leverage and that’s it. $BTC
$ETH

The market is relatively boring, so let me talk to you about the issue of judgment logic. Why do I judge that there won’t be a pullback in the main upward trend here? Note that when I say pullback in the main upward trend, it is at least 15% or more, with a duration of three to four weeks for a pullback plus consolidation.

In fact, the logic is very simple, and it can be summarized in a few sentences: there isn’t enough height and time. From the perspective of breaking the new high of 74,000, the rise has lasted less than a month, and the height is only over 20,000 points. If we start a phase pullback from here, both the intensity and time of the pullback will not allow for too much. One important point I often mention is that the beginning of a market trend will not end in a short period, especially in the main upward trend. Therefore, it is undoubtedly that we are currently in the main upward trend. A main upward trend from initiation to pullback to peak and then to consolidation often takes at least several months. Short-term retracement is only for better upward movement. I originally felt it was a bit too fast; loyal followers should know that I have mentioned several times that it has exceeded my expectations. I thought there would be more consolidation for another week or two in between. Now, it’s not surprising to see a pullback plus consolidation here. After breaking 100,000, we need to pay more attention to the risk of a major pullback. Don’t be led by market sentiment. Oh, 100,000 has broken through, and the next thing is continuous rising. The position of a major pullback will determine the overall height of this bull market. To take a step back, what if a major pullback starts here? It would have to go towards 80,000. Similarly, the overall height of this bull market won’t be too high either, but the probability of this is extremely small. Don’t tell me that anything is possible; I trade based on high certainty trends, not on that ‘what if’ scenario.

Why did Ethereum and altcoins drop less? That's because there's little left to drop. Bitcoin has risen so much, and Ethereum and most altcoins are still some distance from their March highs. Therefore, Ethereum's drop is less significant. It is estimated that at the latest, when Bitcoin finishes its corrections and starts the next round, Ethereum will follow suit. It is also possible that Ethereum will rise independently; who knows? However, there is only one direction for Ethereum: there is a bottom for drops and limitless potential for rises.

The market always goes against most people. When Bitcoin was at 73660 and dropped, my friend told me that others said it was a double top. As a result, Bitcoin reached a new high a week later. A few days ago, when Bitcoin was close to 100,000, he said many people were looking for a breakthrough at 100,000. I told him that a pullback might happen. Now he says many people are looking at 90,000. What do you think? Haha, I just don't do swing trading anymore, so I rarely look for positions in between. I've suffered a lot from swing trading losses, and my mindset is not good. If you lose rhythm in swing trading, your mindset will be thrown into chaos. So now I rarely open positions, I do it stage by stage and directly ignore the fluctuations in between.

Still the same saying, don't give up your chips in a panic stampede. Short-term fluctuations cannot affect the trend. A period of upward trend cannot be ended by just a few lines. The market top should approach a month; there’s no rush. As long as you can judge the trend, it will always give you multiple opportunities to secure profits. Hold steady, especially with spot trades; if you can’t hold this, then don’t play. $BTC

After waking up, there was a big surprise for the pancake. Don't panic, it's normal fluctuations, basically bottomed out, extreme limits might reach around 91500. This is how trends work; you have to endure the fluctuations and downward movements in between. After establishing a trend, I rarely do swing trading anymore; I only operate stage by stage. Doing swing trading in between easily forms a habit, and if a swing trade is not done well, with the wrong position or selling prematurely, it disrupts the mindset. However, once a trend is established, it won't end in the short term. Each phase's end can be traced, just continue to watch the changes in the market $BTC

With Ethereum's nature, it can't even stay stable at 3500 an hour, intense betting, intense washing, Bitcoin and Ethereum continue to fluctuate, just hold on tight, watch some TV and sleep💤