The contract real trading ranking can reach 12th place, and the most important reason behind this is — patience. The easiest mistake in trading is frequent operations. When you see volatility, you want to act; when there’s no opportunity, you lie flat. This way, you can actually survive longer.

The key is to grasp the medium- and long-term big trend. History has shown us that those who stubbornly hold against the trend almost never make it out alive. I’ve experienced it myself — thinking I could hold on, but ending up liquidated time and time again, losing everything. The only takeaway is the lesson — what others say is useless; you must fall in actual trading to truly improve your understanding.

The current question is: what exactly is the big trend? Looking at the weekly chart of the Bitcoin chart makes it clear. Whether from a technical or cyclical perspective, this round of correction is nowhere near finished. When will it be considered complete? When you see news that mining companies are starting large-scale shutdowns, and mining machines have fallen to or below cost, then it’s time to start accumulating spot holdings. But now? Although miners’ profits are shrinking, it’s not to the point of survival crisis. In other words, the 80,000 price level is definitely not the true bottom of this bear market.

Based on this judgment, I have been maintaining short positions. Yesterday, at around 92,000, I added 5 more Bitcoin shorts. I also anticipated such a rebound, but I was too lazy to frequently close positions for spread trading. Anyway, it will fall in the end. Rather than flipping back and forth, it’s better to hold patiently. Making a profit is good enough; accepting a smaller gain is also okay.

The core of trading is this simple: see the big picture clearly, control the frequency of operations, and have patience.