Let's summarize the logic of not being washed out in the past two days:

1. Since the first decent adjustment on March 15, the market's lows have been continuously raised, which shows that the technical side of the bull market trend has not deteriorated.

2. Fundamentally, the main logic of this round of bull market is the BTC halving market. Before the halving is realized, the narrative fundamentals have never changed, and the negative impact of the US CPI and interest rate hikes is only temporary.

3. Technically, the behavior of several market crashes-pull-smash, and the lack of new lows can explain the problem. It also proves that my view is not wrong.

4. Let's talk about the mentality. Since it is a bull market, as long as it is determined that the bull market has not ended (this possibility is 99.9%), there are only two situations: pull and wash.

For spot players, it is very simple. Contracts must strictly manage funds. As long as they do not go against the general trend and ensure survival (position management), the mentality of resisting orders is still very stable.