As mentioned in previous articles, Bitcoin is once again testing previous highs, to emphasize what I mean by previous highs is the last stage's previous high of 102000, not the historical high.

In the short term, Bitcoin has formed a W pattern, and this test of the previous high is relatively strong. I personally believe it is largely related to Trump coming to power soon, so in such a market, if you really want to operate, you can try to make a breakout trade in the short term. Once it confirms a breakout above 102000, try to go long with a small position, as welcoming the excitement brought by Trump's inauguration is also a possibility.

From the perspective of the big trend, I can only say that before a big rise, there is still a need for a significant correction or even a black swan event. Even in a bull market, do not be overly optimistic! If we break the historical high before the year ends, I can only say that this bull market is not already started; rather, it is necessary to consider where it might end! This should be a low probability event, and this rise is likely aimed at liquidating short positions, leading to a more comfortable decline. In short, I will not recklessly go long.

Next, the trend prediction analysis for Bitcoin indicates a rise without looking back, gradually increasing. On one hand, it will force short positions to liquidate, and on the other hand, it will attract more chasing buyers. After all, retail investors always chase high and sell low, rather than acting against human nature! As more and more long positions accumulate, the pressure on short positions will lead to more liquidations or stop losses. When the timing is right, the market makers will start a waterfall decline, capturing everything in one go. They can have a good year while the retail investors suffer!

Therefore, I advise everyone to rather miss out on profits of 3000-5000 points above than to bear losses of 10000 points or even more! I hope that in the coming days, we will see a rise that does not look back, so that each day, I can enter a little short position with a small amount.

To emphasize, true entries should be made in deterministic markets. What I mean by entering a little is to split the capital into ten opportunities for averaging down, which significantly increases the margin for error. First, you won’t miss out on the shorting opportunity, and second, there is no huge risk of being trapped. Never hold a speculative mindset of gambling; a single mistake can wipe out all previous gains!

Trading is not about pursuing profits through gambling, but about achieving continuous and stable earnings! $BTC $ETH $SOL $BTC