How to determine the top?

First point: When rising to the second to last segment, the upward trend shows obvious changes, and the final peak is also very quick, and the decline is also very fast, which is a stop loss for shorting.

The top is usually characterized by a sudden price surge followed by a rapid drop. If the second surge does not reach two-thirds of the previous candlestick's position, or if it does reach it but shows as a dashed line, it indicates that someone is escaping the top. Three consecutive long bars can be seen as a top, and one must be vigilant. Eventually, it becomes weaker and after dropping below the trend line, it suddenly surges again but does not break the second high; subsequently, it becomes weaker, and this is the best time to short.

Second point: Clearly showing a drop of one or two points, but the market price hasn’t changed much, indicates that the main force is sneaking away, deceiving retail investors into taking over.

The third point is: There’s a lot of talk online about what BlackRock and the tens of thousands are doing, which is also a precursor to a big drop, luring retail investors into taking over.

Fourth point: The top must consolidate for a day, and the bottom must also consolidate for a day. We only need to catch the last segment to enter the market; if it consolidates downwards, buy the dip; if it consolidates upwards, follow the rise. Set the stop loss just above or below the last two candlesticks of the trend line; the real big trend will not turn back to hit your small gains.

Do not be afraid of sudden drops and rebounds; technically, this is a pullback at the neck line, and tactically, it is meant to scare you into taking profits quickly. If you are holding a position halfway up the mountain, it's still better to secure profits.

Do not move the stop loss arbitrarily; it is the fuse for your principal. Entering a position should have no regrets; if it hits the stop loss, just accept it. Do not immediately open another position; wash your face, give yourself a couple of slaps to calm down, reflect a bit, read a book, let your emotions settle. Opportunities are limitless, but capital is limited.