Are all the waterfall declines driven by fear?

There's a saying: "When others are fearful, I am greedy." In the psychology of the market makers, it's the opposite. The first round of dips that should have been a breakout already happened, leaving only the ever-hopeful retail investors to start bottom fishing. Now that the second round of decline has begun, it's time to give up and start reducing positions. Pushing the market up again becomes much easier!

On the smaller timeframes, a double bottom pattern is forming. During the day, everyone should watch for long positions at the bottom, with the second target of the rebound being the 3000-point space for Bitcoin and 150 points for Ethereum. If luck is on my side, I also caught this move!

Also, I want to emphasize that long-term investing isn't about bottom fishing. Personally, I believe the high point of this rebound will be in the 8100-8300 range, with the bottom expected around mid-2026, reaching the 50,000-60,000 range. Without major news to guide the market in the short term, we're in a phase of wide-range oscillation and correction. Currently, it's mainly short-term trading.

So far, I've managed to catch several major fluctuations, whether it's the top at 9700 with a short position or the short-term rebound, and the early warning for the second dip to 7500. As the year-end approaches and I get busier with real trading, my update frequency may slow down. However, overall, my public strategies haven't misled anyone. Please forgive me if I focus mainly on real trading. 🫶🫶🫶
$BTC #加密市场回调