$ETH This market is really going crazy!
Bitcoin dropped from over 110,000 to around 100,000, taking almost two weeks to do so. And what happened next? It pulled back to 110,000 from 100,000, and if you exclude the weekend, it was just two days! Isn't that ruthless? This wave first crashed down and then violently pulled back, it feels like they were 'closing the door to beat the dog', leaving many people trapped. I knew that the quarrel between Musk and Trump wouldn't bring good news! In this market, both bulls and bears are being played around by large funds.
This Monday continued the rise from last Friday, charging ahead without stopping. Facing such unexpected market behavior, I have always stuck to light positions, fearing such strange occurrences. Yesterday, I hit stop-loss on two trades in a row, which was indeed quite frustrating, but one must admit defeat when necessary, and learn from the market's lessons. Fortunately, I didn't stubbornly hold onto losing positions; I cut my losses when I had to.
Looking at the bigger picture: we were quite accurate earlier! Whether it's short-term trading or mid-to-long-term positioning, we started shorting from above 116,000 and watched it fall to around 100,000, even making some longs at key support levels. During that time, our win rate once surged to about 90%! Now, what's the big deal if I make one or two mistakes? It doesn't shake the foundation at all! At most, I can gather my mood and start over. Remember, in this market, there is always a chance to turn things around, don't give up easily!
Don't just assume that because the prices are soaring, all longs are making money: with such reckless increases, do you think the bulls are comfortable? Many people simply dare not chase, and they missed out! This year's bull market, along with this deep V reversal, has completely exceeded the imagination of retail investors. Regardless of whether you are bullish or bearish, you must leave some base positions.