The first post released today is an analysis, and the second post is to inform you of the coping strategies.
Always remember: bulls and bears are not found in the 15-minute candlestick chart.
The difference between bulls and bears lies in: emotions, liquidity, and expectations for the future.
Technical analysis is a bit der:
Bitcoin shows a breakout to a new high, destroying the bearish structure, and then violently breaking down to destroy the bullish structure; this kind of brutal trading method leaves people speechless.
107 is a minor support level, and the bull-bear dividing line in my personal system is priced at 100758 today.
The price of the bull-bear dividing line will continuously rise over time, which is the overall bullish trend's movement, and it hasn't deteriorated yet.
Subjective view:
In the past week, we have once again witnessed the extreme manipulation in this circle, destroying not only positions but also confidence; don't expect anyone to come out as the savior. When manipulation achieves its purpose, the villain may turn into the savior, and yes, good and bad people don't matter; what matters is that they have the ability to do all of this; this market itself is drawn based on their consensus.
Currently, I personally do not see the foundation for a bearish trend, so I lean towards this being a recovery and secondary shakeout after violent deleveraging, with no desire to trade. For me, there are two paths: hold on, or stop-loss if it breaks the bull-bear dividing line; I am not far from the cost line of the position I bought on October 11.
Altcoins:
From the violent spike a few days ago, only the pools of BTC, ETH, and SOL are relatively deep, while the remaining altcoins have suffered from artificial liquidity withdrawal, leading to a complete technical breakdown, which looks very bad;
But remember, altcoins have always been like this; when they drop, it’s relatively the same as when they rise, which can also be very violent;
When significant events occur in the market, we should actually think about why this is happening?
Are people now afraid to play with altcoins? At the very least, are they hesitant to engage in altcoin contracts? Do they lack the courage for high leverage? Are they anxious and unable to hold positions? Can they not distinguish between bullish and bearish? Are they starting to make revenge trades, chasing highs and cutting losses?
Well, they have achieved their goal.
Then, understand a bit, let the big guys eat first, the big guys eat well, and we wait to sip some soup.

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