Recently, Bitcoin has been skyrocketing, and those who shorted have lost everything, with the total amount of liquidated funds approaching 1 billion dollars, it is simply the 'doomsday' for bears. The market isn't as crazy now, and both bulls and bears have temporarily reached a stalemate.
However, there is a major hidden risk: long positions have already become too crowded. If Bitcoin drops to 100,000 dollars or 98,000 dollars, it is very likely that longs will be collectively liquidated. At this point, don't rush in blindly and invest everything, stay calm!
Here are a few tips for everyone:
For those trading contracts: don't go all in at once, use low leverage to slowly build your position, and buy in batches for more security;
For those holding coins: take advantage of the high price to sell some coins and secure profits, keeping some funds to buy back when prices drop;
For those who haven't entered the market yet: don't rush to chase the rising price, wait until Bitcoin drops to around 98,000 or 95,000 dollars to see if you can catch the bottom;
Everyone should pay attention: make sure to set take-profit and stop-loss levels in advance, don't be greedy! Even in a bull market, there can be significant downturns, don’t lose your principal during corrections.
What matters now is not who has the best foresight, but who can remain calm and grasp the rhythm of buying and selling!