Let's talk about my personal judgment on the market. To conclude, I do not believe there will be a new phase of a raging bull market, nor do I believe in the narrative of an eternal bull market. Even if this is not the peak, we are already close to the peak range. To make a more aggressive prediction, the market is about to enter a phase of bull-bear switching.
A price of 120,000 is just not convincing enough for me to continue holding the long position. I will participate in the subsequent market in a medium to short-term wave manner, not taking long positions or making any big plans.