The market has already ended, and the price will only continue to decrease. I started to lay out short positions at 103,000 the day before yesterday.
Buying or going long around 100,000 offers no real risk-reward ratio; it’s just a gamble that it will break new highs. Of course, if the main force pushes it up to 150,000 or 200,000, that’s fine too, but in the current environment, who will buy at such high levels? Therefore, I believe it won’t break new highs in the short term. If I were the main player, I would choose to secure profits. At the end of the market, there will always be a few counterfeit bulls and monsters that come out to pull it up several times.
