Looking at the pullback from 96800 to 97500, are you starting to get nervous again?

Actually, looking back, during the times when Bitcoin was at 88000, 90000, and 92000, what was your mindset when you dared to boldly short? In the same market conditions, why could some people persist while others panic?

Many traders lose money not because they are wrong about the direction, but because of an inability to handle the psychological pressure. When they see floating losses, they want to close their positions immediately to cut losses, but they never consider: has your loss really exceeded the potential gains later on? Only when the loss caused by a mistake is less than the expected profit can trading be profitable. Many people fail to understand this simple math.

Over the past month, I’ve been telling you to stick with low leverage long positions. How have you responded to my advice? The current price has already given the answer. Trading is not about a few day-to-day fluctuations, but about executing countless plans and the market’s repeated scoring. The sum of all this is your final report card.

The more people try to control the market, the more they are controlled by it. True trading masters are not measured by who shows the most profit, but by who can calmly make rational decisions after completing a cycle.

From 85000 to 87000, then to 88000, followed by a surge to 90000 and 91000, and finally a reversal at the 96000 to 98000 range—this is very likely another top-level structural shift. I rarely make mistakes in judging the overall trend of medium- to long-term directions, and everyone can see that clearly, so there’s no need to say more. The key is whether you can keep up with the rhythm and not be misled by short-term noise.