Today's market has become extremely sensitive and dangerous. A word from a Bitcoin developer can cause ORDI to plummet by 40%, and can also cause it to rebound to a new high. This kind of thing has never been seen in a bear market and is a typical feature of a bull market.

I was unhappy all day yesterday because my profits were retracted and my currency holdings ranked among the top three in the decline list. I was so depressed that I didn’t want to talk. When I woke up in the morning and saw the considerable rebound, I felt the desire to express myself and write down my personal thoughts.

BTC rose to US$44,000. I had the idea of ​​​​shorting, but I did not take any action. Indeed, being bearish but not shorting is tantamount to taking off your pants and farting, which is meaningless. At work yesterday, all my colleagues in the office who were stock traders but not currency traders were discussing Bitcoin. Obviously this was a sign that Bitcoin was overheating.

As we often hear, the reason why a certain tycoon was able to escape the financial crisis was because when he was enjoying a shoe shine service on the roadside, the child who shined shoes said that he had made money by stock trading. The tycoon realized that something was wrong and immediately cleared his position when he returned. , thus avoiding the crisis.

I choose not to go short for three reasons:

1. I have a small amount of personal funds, so holding low-priced spot goods is a stable happiness;

2. The contract is based on a small profit, but it is very painful. I can’t help but keep watching the market and calculating the profit or loss. My emotions change with the fluctuation of the K-line, which is not good for the health of the brain and heart;

3. Bitcoin has overheating signals, but it does not mean an immediate correction. As the first sentence of the post says, "The market has become extremely sensitive," and the market will react more strongly to bad or good news than in a bear market. The problem is, there doesn't seem to be any downside in the near term.

Damn it, before publishing the post, I took a look at the market and it fell back again😭 I wore a Binance sweatshirt to work today. I asked for the clothes from my former colleague. He got them from doing activities. He couldn’t fit into the big size. Hope there will be a good market today!