Bitcoin contract trading is a practice that tests one's understanding and mindset. The market does not reward those who trade frequently but favors the wise who know how to wait—when others are frantically chasing prices due to FOMO (fear of missing out), you must stay clear-headed; when panic spreads and leads to a crash, you must see the opportunity. Remember, the fluctuations of candlesticks are merely a human emotional ECG; a 10% fluctuation keeping you awake at night may indicate that your position has already exceeded your risk tolerance. A true 'diamond hand' does not hold blindly but knows precisely why they bought in and participates in this game with funds they won’t regret throwing into the fire. The halving every four years affects not only block rewards but also the chips of short-sighted traders. Don’t let the shouts of group leaders replace your own thinking, because in the end, the winners in Bitcoin contract trading are always those who master their emotions rather than being mastered by them. This morning, the price stabilized above 93,000 without significant fluctuations; the overall trend still leans towards a slow stair-step decline, currently having pulled back nearly 1,300 points, with the price retreating from an intraday high of around 93,800 to near 92,500.
From a technical perspective, the candlestick chart shows a series of bearish candles, further confirming the downward trend. The trading volume has also shrunk to some extent, indicating that market participants are not strongly willing to trade at current price levels. This slow downward trend may continue for some time unless significant positive news emerges or substantial funds enter to change the current pattern. However, we cannot completely rule out the possibility of a slight rebound in the short term; after a prolonged decline, there may be a demand for market correction. Moreover, the 92,000 level may become a key support level; if it breaks below this point, the downside potential may further open up, and the price may approach around 90,000.
Bitcoin strategy: Short around 92,800, target 91,500
Ethereum strategy: Short around 1,780, target 1,730
