BTC tests every key point repeatedly. Looking back at history, we know that it has repeatedly tested 60,000, 70,000, 80,000, 90,000, 100,000, 110,000, and 120,000 as well during pullbacks!

Recently, BTC's 100,000 volatility has caused altcoins to surge rapidly; you must know these life-saving rules.

Do not chase after rapid surges.

Do not chase after rapid surges; the core principle is to avoid impulsively following the trend when the market is violently surging in the short term—essentially avoiding the trap of 'chasing at the peak and getting stuck.' This is not about giving up on the opportunity for gains, but rather exchanging rationality for a more secure profit margin.

1. Why can't you chase after rapid surges? 3 painful truths.

1. Fast rises = more bubbles: Rapid surges are often the result of speculative trading and emotional frenzy; like inflating a balloon, the faster you blow, the easier it is to burst. There is a lack of real support from performance, supply and demand, etc. Chasing in means stepping on the 'takeover bomb.'

2. Where do those who chase after rises ultimately fall?

• Short-term chasers: It seems like they can make quick money, but in reality, 90% fall into the 'trap of temptation'—the main players raise prices to sell off, and retail investors jump in only to see prices plunge, soaring instantly but likely opening low the next day, getting stuck.

• Long-term chasers: Treating short-term rapid surges as trends, such as following the crowd to buy houses when prices double or heavily investing when funds surge, ends up getting stuck at the top of the cycle and may take years to break even.

• Cross-market commonality: Whether stocks, funds, futures, or crypto, the logic behind rapid surges is similar—market conditions created by capital pile up, and the tide recedes faster than it rises.

3. Instead of chasing, what should you do?

1. Wait for a pullback = pick up bargains: True trends won’t 'rise to position in one step.' After a rapid surge, a pullback is highly likely. Wait for the price to test key support levels (such as moving averages, previous highs) before considering entry, making the cost safer.

2. Look for signals = don’t guess the market: Use fundamentals (performance, supply, and demand) + technicals (volume, patterns) to judge. For instance, if volume suddenly increases during a rapid surge, it's likely a selling signal, so be cautious; if the volume decreases and stabilizes after a pullback, that's the real opportunity.

3. Control position = leave a way out: Even if you really want to participate, you can't go all in. Use a small position of 10%-20% to test the waters to avoid losing all your capital due to a single misjudgment—trading's core is 'staying alive,' not gambling to make enough in one go.

4. One sentence to remember:

Rapid surges are the 'tempting candy' the market offers; it looks sweet, but in reality, it hides 'the bitterness of being stuck.' Chasing rises is human nature; not chasing is cultivation. Only by resisting short-term impulses can you grasp long-term profits.

Comrades, stay calm, stay calm, and stay calm again; don’t get greedy and run when you make a profit!!!