Hello everyone, I am Yang Jie!

The market surged at the beginning of the week, rose slowly in the middle, and fluctuated at the end. Overall, it can be seen as a high-level adjustment. Whether it will consolidate and then break out or face downward pressure and fall back, the only thing we can do is wait.

Currently, the most prudent strategy is to take profits whenever possible, regardless of whether you are bullish or bearish. If you want to take a big bite, you need to 'test the waters.' No matter your outlook, it’s wise to leave some margin for error; even if you hold a lighter position, it’s fine. Once a breakout occurs, you can confidently increase your position.

The current long-short ratio can be said to be 6-4 in favor of bulls. For Yang Jie, I still tend to expect a pullback, after all, Bitcoin surged from 98,000 to 108,000 in just a few days without much pullback in between. According to the mindset of small investors, the downside potential is definitely larger than the upside potential.

Monday marks the end of the monthly candlestick, and coming up are the small non-farm payrolls, the big non-farm payrolls, each day brings something new, and each day has its surprises...