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Although the short-term movement is not very friendly to long positions, the shorts are basically bearish again at 85,000, 80,000, 77,000, etc. However, since breaking through 100,000 from the 11.5 U.S. election, the 90,000 key level has not been effectively broken. This is a psychological barrier in the market. In general, for short-term contracts, it is necessary to prepare to catch the bottom around 93,300-91,555, and there is no need to chase short positions at low levels without breaking the important support. There is no need to be bearish in advance to 85,000-77,000. If it is really as the shorts analysts say, the Bull Market will no longer exist.
Every time there is a pullback, buying the dip is like climbing stairs, the higher you climb, the more tired you get, it's like flying against the wind. But in a Bull Market cycle, even if short-term positions are sometimes stopped out, it is still important to maintain a long-term mindset. The road ahead is full of thorns, but we never retreat.
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