Perceiving the Market with Positioning: Choices Under a Major Drop

This morning, I saw Bitcoin drop to around $101,000, and my intuition suggested something significant was happening.

It turned out to be a "black swan" attack — the world's richest and political giants publicly clashing on social media, leading to a collective "avalanche" in cryptocurrencies and tech stocks.

However, upon reflection, many of the MEME coins on the chain had no so-called "fundamentals" to begin with, and a price drop is merely a change in numbers. At this time, some panic sell while others see an opportunity to accumulate at low prices — this is the nature of market speculation; it all depends on how you bet.

Focusing solely on price fluctuations is pointless; it's better to express your position: short if you're bearish, long if you're bullish. Don't regret not shorting after a drop or regret not increasing your position after a rise.

Today, someone broke down and told me, "Everything I did was wrong," wanting to exchange for Bitcoin but fearing missing out. In truth, no one can predict price movements; rather than getting tangled up, it's better to make decisions at your own pace.

Trading cryptocurrencies is inherently full of variables; I wish everyone can achieve their goals, with less entanglement and more decisiveness.