Bitcoin Contract Trading: The Mindset is the Ultimate Risk Control! In this market, where volatility is like a knife, technology determines the timing of entry, but what truly decides success or failure is always your trading mindset—stopping loss is not giving up but a rebirth, holding onto losing trades is the shortcut to liquidation; restrain greed when profiting, reject luck when losing, remember the market always offers opportunities but the principal will not come back. Every fluctuation tests human nature, the calm harvest the market, the impulsive are harvested by the market, true trading is a game against one's own desires. Follow Yun Che's Analysis to tame volatility with discipline and patiently wait for your trend! Looking back at the evening market, the price comparison saw a rise, with the evening high reaching around 119200. The long position we set at 118200 in the evening was also successfully closed for profit, with Ethereum entering the market to secure over 40 points of space, and the current price comparison is at the 117800 line.

From the market perspective, the 4-hour level still stands firm above the key MA30 moving average support, and the MACD indicator maintains a golden cross state above the zero axis, indicating that the bullish momentum has not yet weakened. The short-term pullback can focus on the support range of 17500-117800, where it is both the Fibonacci 38.2% retracement level and the previous breakout's top-bottom conversion area. If it stabilizes here, it is expected to gather strength to attack the 119000-120000 resistance zone again.

In terms of operations, it is recommended to mainly focus on low multi strategies during pullbacks, with key attention to stabilization signals above 117500. If the pullback does not break, consider setting up long positions, targeting 118500-119200; if it unexpectedly breaks below 117000, one should be alert to short-term adjustment risks. The current trend remains unchanged, maintain a trend-following mindset, strictly control risks, and avoid blindly chasing highs and selling lows!