#WhiteWhale #I'mHere
This is a very clear bear market environment 📉. Personally, I don't like playing the short-term swings. A major bull market is always accompanied by flash crashes, pullbacks, and then rises again; a major bear market is also always accompanied by rebounds, rallies, and then falls again.
It's obvious that we're currently in a bear market, having fallen to a certain support level and started a period of consolidation and rebound. No matter how much it rebounds, it will eventually fall again. I prefer to trade on a longer timeframe, waiting for BTC to drop below $50,000 before slowly buying in batches. Don't try to profit from both long and short positions in a bear market, and don't try to profit from both in a bull market. Those who lose money are greedy and want to profit from both long and short positions every day.