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Currently, the market is entirely filled with bearish voices, and the overall atmosphere online is very pessimistic. Many people have been misled by short-term price movements, blindly following emotions to short. But I have always maintained my original intention, repeatedly reminding everyone not to follow the crowd blindly. The correct approach at this stage is to focus on low positions and accumulate long positions at low levels.
From the chart pattern, the bulls have indeed not yet broken out of a strong upward surge; the overall trend is more sideways, consolidating at the bottom, with limited explosive power for now. However, in trading, we cannot just look at surface strength or weakness; we must also consider the risk-reward ratio and potential profit space. Based on the current market structure, going long is far more profitable than going short. The support below is solid, with limited room for a pullback, while the potential profit space after an upward breakout is much larger.
This afternoon’s market movement also perfectly confirmed my judgment. Anyone who listened to the advice and positioned long at low levels easily gained several hundred points of profit. In contrast, those blindly chasing shorts either got trapped halfway up or repeatedly hit stop-losses, suffering continuous losses.
The biggest taboo in trading is to follow the crowd. When everyone is either optimistic or pessimistic, it’s often the critical point for a market reversal. I stay calm when others panic, I remain neutral when others are bearish, and I do not let short-term yin-yang candlesticks or market sentiment disturb my rhythm and judgment.
Short-term volatility is just a buildup of strength. There’s no need to worry about short-term rises or falls. Continue to hold the long positions and stay committed. The short-term profit-taking phase has already been realized, and the long-term pattern remains unchanged. I am currently holding patiently between 14,000 and 15,000 points, waiting for the market to steadily push towards the 88,000 target. Stay with the pattern and hold on. #BTC #ETH #BTC走势分析