At this time, there is a struggle, and a name is given to it called "watching and waiting." Making a little money is called "locking in profits," while losing money without setting a stop-loss is called "long-term investment." Looking for a bottom during a decline is called "turning point theory," while looking for a top during a rise is called "left-side trading." Losing money and getting liquidated is called "others caused it," acting as if one is innocent. The market is not a charity; it will not rescue anyone!

Trump's remarks led to a strong rebound in BTC, directly pushing it up to the 95,000 position. To be honest, with such a trend, I don't know how many retail investors were completely wiped out by the market makers, as they are just taking your USDT from your account. At this time, defense becomes very important. If you enter the market in the direction of the trend, you can hold more. Once it goes against you, you must do a good job of risk control and set a stop-loss; otherwise, it can easily lead to a return to square one. Important things should be said three times: defense, defense, defense.

In the four-hour pattern, the price is under pressure and has retreated near the 95,000 breakthrough. It has now fallen to around 92,000 and returned below the upper track. Personally, I feel that this wave of decline has not yet reached the bottom and shows signs of further decline. Today, the price is very likely to recover the upward space from yesterday, so I will continue to look bearish for the day.

For reference, consider shorting in batches in the 92,000-92,300 area, with a target around 86,000. The points are for reference only.

Follow the public account, "How to Relieve Worries, Only Jiang Wei."

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