As of June 11, 2026, Bitcoin is quoted at approximately $62,871, with intraday fluctuations between $61,456 and $62,900. Since peaking at the end of 2025, it has fallen nearly 45%.

This reminds me of a foolish trade I made at the end of 2025. At that time, I opened a 4x BTC long contract, reasoning—everyone was bullish.

“Market fundamentals are solid”
“The Fed’s policy has shifted”
“Institutional funds are still flowing in”

Each reason sounded impeccable. But I overlooked the most fundamental point: when everyone reaches the same conclusion, who is left to take the other side of the trade?

The market did rise for a few days, giving me a temporary paper profit. Then, in mid-January, it turned around. In February, it hit a new low. In March, it rebounded, trapping traders. Ultimately, my account was wiped out.

This experience taught me one thing: never give up independent thinking just because “everyone else thinks” so.

Looking back now, that 700k yuan loss could have been cut early— but I didn’t, because “everyone said a quick rebound was coming.” My current trading logic is completely different:

1. First look at the data, then draw conclusions. Don’t rely on KOL judgments, don’t depend on group sentiment, only reference public on-chain data and macro indicators.
2. Think in reverse. When market sentiment reaches “extreme greed,” start reducing positions; when it hits “extreme fear,” consider building positions gradually.
3. Every decision should pre-empt the possibility of failure. Before opening a position, ask yourself: if I’m wrong, what’s the maximum loss I can accept?

For newcomers, I want to say one most sincere thing: don’t think that just because others are making money, you will definitely succeed by following the same path. Everyone enters the market at different times, with different capital sizes, and different psychological resilience—trading is your own business, and you are responsible for it. #我的Gate交易时刻