Rational trading, don't get too excited. This is not the time to seek maximum returns; it's a defensive offensive!

Let me share my views on this round of the bull market. Currently, I remain bullish on Bitcoin at this position, but I definitely won't chase it high. The non-logarithmic trend line formed from 2021 to 2025 still holds great reference significance. This week, the highest point is expected to approach around 113,000. I believe this bull market belongs to institutions; MSTR has still invested hundreds of millions of dollars at the 105,000 position, and companies like Meta are also scrambling for shares. In this trend, do you think Bitcoin will reach a new peak this year?

Should we short Bitcoin in a bull market? The answer is definitely no. In a bull market, we should maintain a bullish mindset and wait for pullbacks to go long. Some may ask if we shouldn't go long or short, should we just watch? Hongshen has mentioned many times the structures of secondary buys and sells in a bull market. After every new high of Bitcoin, there will definitely be a slight pullback, forming a secondary sell structure. If we see this bearish signal, we don't need to short Bitcoin but can instead short altcoins like Ethereum. Once the pullback has reached the right point and small area fluctuations have formed the secondary buy range, that will be our opportunity to go long on Bitcoin at a lower position. Currently, I am very optimistic about Ethereum; the 2,700 position is definitely going to be reached because the current rebound and corrective strength are still very small. Looking at the long term, starting with 3 is just a matter of time.

Today, I want to share my trading thoughts with everyone, hoping you can gain something from it. #BTC #ETH