Currently, the market’s bears are still overly crowded. I recommend that everyone temporarily not short, and don’t chase longs either. Wait for the right moment to enter. Right now, this position is too awkward—it’s not easy to operate, and you can easily get trapped. Shorting isn’t great, and longing isn’t great either. However, the bigger trend still looks downward. In my personal view, there will be another dip. After the dip, the market will start to move. In the second half of the year, the next cycle will begin, with market speculation driven by policy developments such as interest rate cuts and a series of other policy headlines. When the trend is confirmed, and the market has moved in a clear direction, it’s not too late to act.

Most of this market involves small amounts of capital. Those with volumes of tens of thousands or hundreds of thousands of US dollars are, after all, a minority. So don’t let short-term fluctuations affect your overall position, and don’t add burdens to your position, which is already not well-off. If anything comes up later, or if there are any directions to consider, I will post about it. Follow me, and I will reply with a breakdown and summary for everyone. $BTC