Recently, the market situation has left people with mixed feelings. To be honest, those insider traders and big whales' short positions are indeed reasonable—shorting Bitcoin around 117828 and Ethereum around 2966 at these highs is just human nature. But the market insists on squeezing higher, not giving those longing a chance to enter on a pullback; if it does pull back by 2000-3000 points, how many people would really dare to bottom-fish and go long?
Everyone knows it can't keep rising, and everyone understands it will eventually crash, but no one can pinpoint where the top is or when it will fall. So friends who are shorting don’t need to be anxious; getting stuck in a high short position or setting a stop-loss is not shameful. The key is to manage your position well to avoid liquidation; that is more important than anything else, and there’s no need to feel you’ve done something wrong.
Of course, those chasing after the rise are indeed making money. Looking back from today in 2025, any time before this year to buy into the rise would have made a profit, after all, new highs keep coming. Those who dare to chase the rise now are truly tough; I admire them.
The crypto world has always been fifty steps laughing at a hundred steps; there are no constant victors. We should aim to be 'long-lasting generals.' Regardless of bullish or bearish, never get too carried away; always be light on positions! I don't dare to advise people not to go long, for fear of delaying everyone’s profits; nor do I dare to shout at people to short, fearing it might trap everyone. I can only say: don’t let high prices blind you, and don’t always think about taking the first bite of meat. If you don’t understand the market, just stay calm; missing out on a peak at most means not making money, but making a wrong move can truly lead to losses!
