Don't try to bottom fish, don't try to bottom fish, don't try to bottom fish!

Three times for emphasis, the current market is clearly in mid-term bear market, with weak rebounds, excessive selling pressure, no significant capital inflow. Short-term counter-trend longs should take profits quickly. Never think about trying to change the pattern; rebounds won't be too high, and once selling resumes, it will be a waterfall. So the first priority is to avoid unnecessary risks and go short with the trend!

Yesterday's short position once again proved prophetic. Bitcoin rebounded to 7000 before shorting, then dropped to 6650, a 3500-point range. Ethereum rebounded to 2080 and retraced to 1934, a short-term 150-point move. Those who followed are now happily enjoying the gains!

Trading first involves risk management, then discussing profits, and then analyzing market structure and entry timing. Only then can profits come naturally!

The New Year is approaching. Don't make the wrong move during family reunions that could affect your mood. Wishing everyone a Happy New Year in advance! #当前行情抄底还是观望？ $BTC