Being bearish has never meant a pessimistic outlook on life

There are always people who question you: If you’ve been bearish for the long term, does that mean your mindset is negative and you’re pessimistic about life?
In fact, that’s completely two different things. I’m bearish on a big bull-market bet only because the upside has been too large and bubbles are stacking up—an exercise in rational judgment, not despair about the future.

Just like predicting a pullback after home prices surge is recognizing the cycle, not being negative and dispirited.
On the contrary, ignoring the risks at high levels and going long blindly, blindly believing that prices will always rise, and telling yourself “this time is different”—that’s true blind optimism.

With every bubble burst, it’s people like this who get hurt the most.
I’d rather be a rational and cautious trader than an impulsive buyer who chases the price at the top.$BTC $ETH #加密市场普遍上涨