Going to sleep. Hope Bitcoin can at least break through 646 to close a 4H candle, otherwise it feels like a bearish consolidation range... could just be my imagination though...

Hoping the retracement can use 639-635 to form a bottom, so next time if volume comes in, it'll be better...

It's already the 8th. The bulls probably have about a week left, maybe even less, before a 4-hour level pullback begins. That would be the price range of the previous high x0.935~0.91. If it arrives, don't panic or get anxious—you can still build some positions.

When a drop happens, everyone panics. But when the price goes up, having no spot or long futures positions makes people anxious, and they start hoping for another bigger pullback to get them onboard. But if it really drops again, some noise might prevent them from entering, or they get trapped by entering too early.

I've said this many times before, and I hope you still remember it.

There's no such thing as a sustained downtrend followed by continued market optimism. The longer it drops, the more pessimistic people become, and the lower they expect it to go. That's exactly why every time a bottom bounces, some people get trapped in short positions near the bottom. Buy low, sell high—easy to say, but actually not that hard to do. Just overcome your fear, and block out noise like "bullish when up, bearish when down, market apocalypse when dropping fast"...

Good night, everyone...