$BTC As described in my previous post, price lost the $65K level. We are now seeing the anticipated retest of that key level, as well as the 0.5 Fib level of the recent pullback. So far, price is respecting this area as resistance and we're already seeing a small rejection. If price closes back below the grey zone, I'm confident we can view this move as a proper bearish retest. In that case, my main target remains the $62K–$60K zone, where the majority of liquidity currently sits. If, on the other hand, buyers step back in and push price above $65.6K, there's a high chance we see the high at $67.3K get taken out.

Investment risk | When the market looks better, be careful not to become too confident in yourself When the market is falling, everyone knows to be careful. But when the market is rising, people are even more likely to forget about risk. After making a few trades, you start increasing your position size. After several correct judgments in a row, you feel like you’ve already figured out the market. At this point, the most dangerous thing may not be the market—but your own confidence. A bull market won’t keep going just because you’ve made money a few times and that means you will definitely make money afterward. On the contrary, the more things go smoothly, the more you should remind yourself: Now’s success may be partly due to your ability, and partly due to the market environment. Stay humble—not because you’re bearish on the market. But because you hope you can make it through the entire cycle. #直通IPO第二期JerseyMikes $BTC ‌

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