Previously, Shisan clearly stated in the circle that Bitcoin has formed a double top and that the future market may face pressure. Even in the next 1-2 months, there will be significant market pressure.

They just didn't expect the market to react so quickly and suddenly drop, especially Ethereum, which became the target, leading the entire market down.

Previously, when Ethereum rose from 1300 to 2600, Shisan clearly informed everyone to clear all leveraged positions they held and only keep reasonable spot positions.

Since then, Ethereum has been very strong, showing signs of wanting to break 3000, often standing above 2700.

Some haters say Shisan will never be able to eat four dishes, claiming I am too timid in investing.

They not only didn't reduce positions but also chased high entries above 2700; now they are not talking much, which is completely gambling behavior.

Investment must never be a gamble; reasonable position sizes are crucial. At least we, in the Shisan circle, are prepared for this decline. Shisan has repeatedly said that Ethereum may return to the 2200 range.

And I have been constantly reminding everyone not to bottom fish randomly; you must wait until the falling knife has landed and is stable before slowly picking it up.

The real opportunity comes when everyone is most desperate; this is not the case now, as many people have high expectations for a future rebound, thinking that this position is already very good for bottom fishing.

Currently, this market trend has weakened, and the probability is high that we will only see prosperity again when the Federal Reserve starts to cut interest rates. However, this cycle won't be too long, at most one or two months, and cryptocurrencies can start again.

2,

Everyone, look at Ethereum's trend.

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Many people keep asking if they can bottom fish?

Initially, there was almost no pause at this position; it went straight up, which means there is no support at this position, making it easy to fall.

Setting aside technical analysis and news greed, just looking at this trend, bottom fishing at this position carries the highest risk. Of course, the market may directly V-rebound at this position, but the probability is very low, less than 30%.

Therefore, at this position, the probability of the trend is 40% for a further drop to the 2000 range after a few days of consolidation, 30% for sideways movement, and 30% for a V-shaped rebound.

This probability is laid out before us, and everyone should know how to choose.

Everyone should avoid paying too much attention to various news because they are all about big whales selling Ethereum, with occasional bottom fishing for Ethereum.

How much false trading and fake news are mixed in? Although on-chain data is real, what the data wants to show us may have a significant gap from the actual situation.

So, in these days, everyone should maintain a calm mindset.

In the coming days, the market may rebound, but after failing to find support, it may continue to decline.

For those who strictly control their positions according to Shisan's advice, don't panic now, just sleep peacefully and bottom fish when the time comes.

Don't look at account assets; it may have decreased by tens of thousands; these are just numbers. Until you take profits and exit, having more or less money is meaningless.

Some people say, Shisan, although you pointed out that the risk of a decline is very high, you didn't tell everyone to sell, but instead urged everyone to strictly control their positions; you're not competent.

Although Shisan can sense that the risk of a decline is very high, I am predicting the future; no one can say for sure what has not happened.

Shisan is not a fortune teller; I am just an old investor in the crypto world. If I could accurately predict the future, even once, it would be enough for me to achieve financial freedom.

Being able to remind about the risk of a pullback is already doing my best.

3,

Investment in the crypto world must not enter a state of imagination.

Many friends like to fantasize about the K-line charts after the fact, thinking if they bought at this position and sold here, and added 10x leverage, how great it would be now!

If only...

A thousand gold pieces can't buy foresight; just look at those big whales, they also didn't sell at the highs or buy at the lows.

In the past few days, the market has plummeted, and in order to maintain healthy positions, hasty selling has caused a chain reaction of spiraling down.

However, they have always maintained most of their spot positions without moving; their position control is very good, so overall, they are also making a profit.

For retail investors, we shouldn't expect to catch every market fluctuation.

In fact, in a complete bull and bear cycle, just catching 1-2 fluctuations is enough; we don’t need to care about the ups and downs in between.

In a bear market, we slowly start to bottom fish, and in a bull market, we decisively take profits.

In the future, Shisan's investments will only focus on this volatility; no one in the crypto world can cut me.

Human thinking has a strange cycle; when the market keeps falling, people believe it will keep falling, even thinking the crypto world will collapse.

On the contrary, when the market continues to rise, they become arrogant, believing the market will keep rising without stopping.

So they will cut losses at low points and chase highs at high points, chasing gains and killing dips.

Human nature is like this; it cannot be changed.

But breaking this cognition is also very easy; just read some of Shisan's articles, strictly control positions following strategies in the Shisan circle, control investment targets, and leave the rest to time; everything will become very easy.

Keep it up, crypto people.

Welcome to follow Shisan, let’s traverse through the bull and bear markets and see through the red dust of the crypto world.