When I first entered the industry, I always thought about buying the dip and shorting at the highest price to prove how smart I was, but each time I was taught a lesson by the market. Now I only do one thing: follow the trend. Just like last week when BTC fell from 93,500 to below 89,000, I already called out "short positions are coming". At that moment, any rebound was an opportunity for you to enter a position, rather than debating whether there would be a reversal; at this time, being cautious about going long is important.

Waiting is the highest level of operation; the market is in consolidation 70% of the time. In the past, I always wanted to seize every fluctuation, but in the end, the transaction fees outweighed the profits.

Now I only trade at two moments: when there is a breakthrough at a critical position and when extreme emotions occur. At other times, maintaining short positions and observing is the best strategy.
In the end, it's not about how great your technical analysis is, but who can make fewer mistakes. The market will always be there, but your capital won't. Protecting it is more important than anything else.
#心态