The reason why 'chives' are called 'chives' is that they like to quantify the fluctuations of Bitcoin by referencing news, the U.S. stock market, and long-short positions. Compared to the U.S. stock market, last year it fluctuated between 50,000 to 70,000 for a whole year. How do you compare your performance with the U.S. stock market this year? Moreover, you have forgotten that the price movements of Bitcoin, besides having similarities during the U.S. stock market trading hours, also have many independent movements outside of those hours. If you want to study the fluctuations of Bitcoin, do not overly focus on the U.S. stock market; in fact, you might not even need to look at it, because it could influence your judgment of the market and lead to misjudgment. If you use long-short positions to assess the market, and if the market makers purely want to explode the long or short positions to initiate a trend, then the candlestick chart will look very ugly, because when it rises or falls, one side will naturally be stronger than the other, and then, in order to explode one side, they will immediately reverse? If this logic continues to develop, the market will always be in a range-bound movement, with no trending market. So do not casually use long-short positions to judge the market. Finally, regarding news, news is always reactive; what significance does reactive news have for trading? None. Trading requires filtering out various external market distractions and meaningless data. Keep a clear mind, have your own set of methods, and calmly respond to everything happening in the market.