$BTC

After consolidating for a day, it finally couldn't hold back and started to drop. Currently sitting at 83, which is a small support level, but it has already broken, and I estimate there will be one or two more dips. If it stabilizes, we can look up; if it doesn't stabilize, we should directly look at 81.

I glanced at the liquidation, and there are over 200 million more. After being in this for a while, it feels like everyone in the crypto world is just playing with joy beans. Where has all this money gone?

People often say, if only I had shorted earlier, but that's not the case. When you short, you're usually stuck at 81 or previously at 79, while those who went in above 9 and managed to get up to 86 without closing their positions are truly skilled.

In fact, the profit points for both longs and shorts have been there these past few days; it’s just that you didn’t enter at the right position or didn’t exit in time. We are in this circle to make money. The complaints are simply because your direction and position are off, and the situation has shifted from floating profit to floating loss. You might have exited early in the short term, and that's all there is to it!

😮‍💨 Relatively speaking, the entry point for the bulls is still quite decent, but at this time, many people will worry that it will quickly drop to 7. This possibility cannot be ruled out, so waiting might either mean missing the opportunity or waiting until it reaches 7 and then not being able to enter as it rises. Opportunities are always there; timing your entry is important, but not particularly crucial. The key is having the ability to balance risks. If you want to enter, you have to pull hard; is there any risk of being stuck? It’s possible, but entering during an upward trend should be avoidable if you don’t get slapped back.

I’m waiting for 81, but I also entered at 83. Control your position well, and everything can be discussed. If you go all in, even if you make a hundred times profit, that is not my strategy; I won’t envy that. What I pursue is sustained and stable profits. I can get stuck, but I also have the ability to break free.