This morning, the closing price of Bitcoin fell by 0.28%. The current speed has slowed down, and at this pace, it will take about 7 more cycles before the stagnation disappears. The 12-hour line shows stagnation at +9, and it will take just 1-2 more cycles for the stagnation to disappear. It is possible for stagnation to disappear whether the price rises or falls. We will first observe the closing situation tomorrow morning. The continuous market rise has exhausted the strength of the bulls, so a correction is certain; it just depends on where the turning point is.

The core idea of "Reminiscences of a Stock Operator": Follow market trends, adhere to trading discipline, overcome human weaknesses, and capture big trends through rule-based strategies under controlled risks! This is exactly what we are currently committed to in our trading.