JinshanYinshan
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Today is the 177th day of my dynamic posting, without interruption for a single day. [smile][smile][smile] Each post is not done perfunctorily, but prepared seriously. [cute][cute][cute]


I set myself a small goal, which is to persist in writing for a year. If you think I am a serious person, you can follow me, and I hope the content of each day can help you. [Struggle] If you like Spot and can keep up, I will share it for free.
Microsoft's vote did not ultimately pass, which is normal. Everyone had expectations, so the impact of not passing itself is limited, although it did cause some emotional effects.
Every extreme rise and big dump in the market results in hundreds of thousands of people getting liquidated. Retail investors contribute liquidity to the crypto world. Here, risk awareness and market reverence always come first. Most people who stay here for a long time rarely leave unscathed. This pullback serves as a reminder that the market won't always rise, and it is crucial to maintain a humble and cautious attitude, respect the market, and be aware of its risks. Even though the market is currently pulling back, it is important not to cut losses arbitrarily. Wait for the market to recover, and it will rise again. You can treat this dump after the pump as a warm-up exercise before the main rising wave of the bull market. Market makers face high risks and profit taking at the 100,000 level, which is a preferred position for them to manipulate the market. They may dump the market 2-3 times around this level until the long positions become light and nobody dares to go long. After severely impacting bullish traders, they can complete the bull market's main rising wave in a short period of time.
The market sentiment has not reached extreme panic yet, and the golden opportunity in the crypto world has not yet appeared. It may need time to adjust. After rising for a month, there was a sudden fall in just one day. The adjustment time and space are not enough, so the probability of further fall is relatively high. You may think you have bought the dip, but be careful that the market maker may take advantage of you. The first wave of frens who caught the bottom will kill you. There was Double 11 before, and now there is Double 12. The crypto world is also conducting activities to harvest suckers, hehe. I believe many people have this question in mind: Is the altcoin market over? I can say with certainty that the second wave of the altcoin market is about to begin. This kind of big dump is in line with the altcoin market in a bull run. In a bull run, there are many big dumps, and pulling and washing at the same time is normal. BTC is around 100,000, and the dealer will frequently create Long Wick Candles here, going up and down without any logic or pattern, wielding a big knife to harvest more shorts and longers.
When you have been trading for a long time, one day you will find that you would rather be in a Short Position or even Miss Out, than to chase opportunities that do not fit your trading system, and even one day you will find that trading is so simple, so simple that you knew it from the beginning. It's just that at that time, you didn't understand, didn't believe that those trading masters didn't know more than you, they didn't understand the market more than you, they just knew better how to control their own hands, and this is the true meaning of trading.
Keep up with my posts every day, don't fall behind, it will definitely bring you harvest and growth! I wish you a smooth trading [smile]
(Warm reminder: I usually do not reply to questions from those who do not follow me, as everyone's time is very precious)
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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