$To be honest, this market situation is actually quite simple

The market has seen inflows from the escape of funds from US stocks and bonds, combined with MicroStrategy occasionally buying in. It’s quite normal for Bitcoin to have a decent rally, so if you are going long, it basically aligns with the trend. Just don’t FOMO, take your profits, and wait for a pullback to re-enter. It’s not yet the time to go all in aggressively, so don’t constantly worry about getting left behind.

As for those shorting, there’s no need to be overly anxious. After all, the fundamental issues in the market have not been resolved. Without liquidity, one can't expect to skyrocket. So for those who are stuck in short positions, wait for a pullback to reduce your position size, and when it goes up, you can add to your average price. Always ensure that your liquidation is within a reasonable range. I believe that holding on is not difficult; if things go quickly, each Black Friday could potentially start a decline. For those stuck in Bitcoin, the difficulty of breaking even might be a bit higher, but don't be afraid of it!

There are also those who want to buy at 50,000 or 60,000. I won’t say it’s impossible to go down, no one dares to say that, but I can confidently say there’s a 90% chance it won’t drop that low. If you listen to advice, adjust your expectations upwards. After all, you are buying the spot, even if it’s a little higher, just buy a bit more. Don't always pursue perfection. As for those trading contracts, don’t tell me you’re also waiting for 50,000 or 60,000. You’re trading contracts, not buying spot, so pursuing extreme prices is somewhat misplaced.

As for those who see 100,000 at a glance, I want to say that I can also see 100,000, even 120,000, but not so soon. We have just seen the reversal signal. Are you just joking? Even if it goes, it will be a volatile upward trend, and there will definitely be pullbacks along the way!