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This round of decline has been incredibly smooth, with no resistance at all. Bitcoin broke through 8900 just like that, and Ethereum also easily fell below 3000.
The most ironic thing is that wave of unlimited rise — where it came from, it will ultimately return to. Frankly speaking, if you still hold the short positions you took this morning, a profit of 2000 points is right in front of you, and on the Ethereum side, 100 points is almost a freebie.
But what I want to say here is that truly profitable traders never rely on luck. You need a complete trading system; everyone who has chased rallies or sold on dips knows that this is called self-imprisonment. No matter how many wrong paths you take, you won't reach your destination. If your thinking is wrong, no matter how much effort you put in, it's just pointless tinkering.
The market is always testing your cognition and discipline.