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I haven't been on Twitter much these days, just occasionally scrolling through, and it's all like this: "Comrades, I successfully bottomed out!" "Partners, the bull market continues!".
To be honest, my personal view at this position is that the probability of a top is greater than that of a bull market. What family conditions? Bitcoin is still coolly pushing up to 120,000! Still, as I said, I feel like the emotional top has been reached, but the technical top hasn't been established yet. However, the process of reaching the technical top is definitely going to be brutal.
As Lu Xun said: "Profit in trends, lose in fluctuations," and he also said: "The hardest part is judging the transition between bull and bear markets."
I no longer hold Bitcoin with a cost of over 20,000; I sold a wave at over 70,000 and another wave at over 100,000. I sold it all a long time ago.
So, at this position, with Bitcoin at this price and the current pattern, I find it hard to convince myself to coolly increase my position. Really, if Bitcoin doesn't pull back and just stays here, directly breaking through 130,000, and Ethereum coolly heads towards 8,000, then I can only say I'm not good enough.
For now, I can only approach this market with a fluctuating mindset. I moved Ethereum from 2,200 to 3,650; maybe the energy for the pattern has run out.


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