$BTC

Actually, this wave was very sudden, it’s nothing like last year's big rallies in March and November. Those two waves were very clear; we all knew they were going to rise, and the driving force behind them was very strong, and they did rise in the end.

This wave is completely strange, very unhealthy, and signs of manipulation are quite obvious. Especially last night when the golden milk dragon's call made my small position at 99600 get trapped 😡😡

However, I am confident I can get back, and I have enough funds to hold out until I break even.

As for whether to chase the rise, I don’t want to chase. Some counterfeit dog traders have already started to run away, like memefi, which was completely unexpected. I initially thought it would at least stabilize for a while; it should have been the big coin surging that allowed them to exit with liquidity, so the dog traders took profits and exited.

This also reflects that this trend is actually in a very chaotic and unclear state. If you really want to chase the rise and can’t stand it, and if it drops down to add positions to gamble on a bull market, I suggest buying established strong coins. These coins will definitely rise if a bull market comes. For example, LDO and CAKE; these two coins have a very healthy market value right now, and chasing with a small position to avoid missing out is a good choice.

I have had them for a while, especially CAKE, which I have enjoyed three major waves in the past few months. Unfortunately, after I opened my position, it just kept dropping, and I didn’t have the chance to open within the position.

Currently, taking positions is for entertainment, shorting, and holding on~