Since 1.20, the BTC trend has been dominated by bears (altcoins turned bearish since 12.19), and there has been no change, nor is there likely to be a reversal in the short term. A trend reversal requires very strong positive stimuli or positive expectations to drive it. Before a trend reverses, as long as it pauses and rebounds near support points, it can be strategically shorted according to the rules. However, shorting every day requires skill; it's not just about starting to decline and then shorting, but rather respecting the resistance levels before shorting.

Recently, we have had a 100% win rate for over 10 days, and a 73.3% win rate over the past 30 days. This is because our mindset has become more peaceful, avoiding arrogance and impatience, which naturally improves our state. We open positions almost every day following the rhythm of fluctuations, not chasing longs during rebounds, nor chasing shorts when retesting lows. We have been timely in taking profits and cutting losses, and we have started to emphasize trading discipline, which is an area of improvement compared to before. In the past two years, we primarily focused on low longs, as the overall trend was upward, and short-term trading didn’t emphasize strict rules as much. Now, however, as we are in the latter half of a bull market or at the cusp of a bull-bear transition, neglecting trading discipline is not an option. Being able to earn a little every day and survive in this current market makes you luckier than most traders. In the last 4-5 weeks, we have also taken some low long positions, such as after the significant dip from 3.7-3.11 with a new low of 76560, followed by over two weeks of daily rebounds. During these rebounds, we have made several low long trades. Aside from that, most of the time we are still shorting rebounds.

Since February, we have been using formulas to calculate rebound waves and downward waves for short-term trades, making short-term trading much smoother than before, sometimes with BTC being accurate within 3 points. Since Bollinger Bands are also dynamic indicators that are constantly changing, especially since February, the changes have been quite significant. If you are trading medium-term trends and only looking for points based on price action, there can be considerable deviation. The Fibonacci levels only provide relatively more accurate points when they are real-time. Therefore, when volatility is slightly larger, using formulas to calculate can correct errors and clarify short and medium-term directions.

Every day we calculate rebounds and pullbacks, just like opening a business; we check the inventory list daily. Although it’s a bit tiring, if you want to make money, there's no way to slack off. We must be responsible for everyone. I hope we all get better and better! $BTC