For spot traders, as long as you are sure that this round of bull market will push Bitcoin to at least $150,000 or even $200,000, and you have positions, you can ignore the pullbacks along the way. If you have funds, you can increase your positions with each pullback; if you don't have funds, just hold on and wait for the price to rise until the bull market is here, then consider exiting in batches. Trading in waves: first, it's mentally exhausting; second, it tests your mindset; third, it's very difficult to outperform long-term investing.