Don't panic, the overall tone of the market trending upwards hasn't changed. Right now, it's just a pullback to stabilize, there's no need to be afraid.

Yesterday, with the negative fundamentals and the fact that Bitcoin surged from 93,000 to 112,000 without taking a breather, it only pulled back 2,000 points. I feel the pullback isn't strong enough; it would be better if it were a bit larger. I hope it can pull back to around 103,800, so Bitcoin can build more internal momentum to break through the 112,000 high. A pullback is a completely normal thing, no need to worry. It's like climbing stairs; if you rush up 10 flights at once, you'll eventually need to take a break. After resting well, you'll have enough strength to continue soaring, and Bitcoin is the same.

Now, let's talk about the root cause of brothers losing big money during trading. The fundamental reason for losing big is: making wrong judgments about the market direction. When the market is trending upwards, due to previous wrong directional judgments, they forcefully go against the market. In order to gain a small profit of a few hundred points, they short the market. As a result, when the market stabilizes after a pullback and surges violently, they fail to stop-loss in time, and the outcome is predictable.

However, although the market is rallying, the on-chain data is not optimistic, and liquidity is quite scarce. Therefore, we are mostly learning and haven't made too many operations. We are waiting for a sufficiently large opportunity, an opportunity where we might not need to trade for an entire year. I believe this opportunity will come soon.

Key reminder: The market is in a bull market; focus on buying during pullbacks. Don't short the market casually.