Many people are concerned whether Bitcoin at 120,000 is the top?
Most likely not, but after market frenzy, there may be a drastic drop of several thousand points to kill leverage.
Shorting exploded and missed out? Stop using high leverage and look for low-position targets to ride the wave.
Why are Bitcoin and Ethereum so strong? The horizontal length is as long as the vertical height; after six months of consolidation and power accumulation, the reversal of the interest rate cut fundamentals means the trend is unstoppable.
Many people have been repeatedly slapped in the face since March, the 'wolf is coming' story is repeating.
There are three key points in this round:
The market always has trends.
The relative benefits of Bitcoin are weakening, but the unilateral bull market trend is still present. Fluctuations are a battle between bulls and bears; once the balance is broken, a trend will inevitably emerge. Always believe in trends and get involved at the starting point.
Trend win rates are not high.
The three essential elements of trading: frequency, win rate, and profit-loss ratio cannot all be obtained. Capturing a trend means giving up high frequency and exchanging waiting for an explosion.
Extreme imbalance.
99% of the gains are concentrated in 1% of the time, the rest is wasted time. The four-year halving cycle eliminates a large number of old players, and most newcomers become cannon fodder.
In the cryptocurrency circle, choice is greater than effort! Follow the right people, and making money will be a natural outcome!
