Do not seek to meet everyone's expectations, but rather to find some satisfaction, just like the market conditions we entered. Who can truly eat the head and the tail of the fish?
This round of the bull market is completely led by institutions. The price of Bitcoin reached a new high, and shortly after, Ethereum also refreshed its yearly high, with other altcoins following suit and collectively taking off. Although we have not yet reached historical heights, we must be cautious of Bitcoin's pullback affecting altcoins; the intentions of the manipulators are very clear!
Currently, Bitcoin is in a state of stagnation, and the market outlook remains bearish. If it cannot stabilize at 120,000, it may still be worth shorting. After Ethereum was pulled up to the 3,860 line, it also experienced a 300-point pullback.
How should we grasp the tail-end market? This bull market has come so quickly that I believe many people have blindly entered without keeping up with the rhythm, which will only become fuel for the fire. Now, chasing after long positions is not advisable; it is better to take high short positions rather than blindly chasing long positions.
