黑哥BTC

When I first entered the cryptocurrency world, I was always confused in the fluctuating market, not understanding the logic of trend judgment, nor being able to discern the core of project quality. Every decision I made was filled with blindness and anxiety. Until I had the fortune to learn from you, you used your professional and clear explanations to break down complex industry knowledge, from underlying logic to practical skills, from risk avoidance to mindset control. You always managed to explain obscure concepts in a clear and understandable way and precisely point out potential pitfalls. When the market fluctuated, you would rationally analyze trends and provide objective suggestions, helping me avoid the pitfalls of impulsive decision-making. When I was confused and lost, you patiently answered my questions without reservation, sharing years of accumulated experience that gradually helped me shed my naivety and develop a systematic trading mindset and risk awareness.
During this time, I not only avoided many detours in practical operations within the cryptocurrency world but also learned your rigorous and pragmatic attitude and rational, calm mindset—this gain, which transcends knowledge itself, is far more precious than short-term profits. Your unreserved sharing and responsible attitude have always made me feel warm and respectful.
With countless words, I can only express my gratitude. In the future, I will carry your teachings with me, continue to deepen my learning, and move forward rationally, not disappointing your careful guidance in the live broadcast room. Finally, I sincerely wish you good health and all the best, and may you always move forward steadfastly in the industry. I also hope that more people will have the fortune to receive your guidance!
Recognize Black Mama @黑哥BTC

$BTC From the 1-hour K-line level, I believe it is a bearish continuation and a consolidation area, also known as the second phase of the downtrend. So last night at 89900, I added a bit of position again, after checking the market, almost everyone is bullish. I firmly hold a short position on the larger cycle; it's still the same saying, if you don't short the contract, then what's the difference with spot? As long as the position is well controlled, without over-leveraging or being fully invested, it is actually quite easy to break even or make a profit on the short position! An increase may take a month, but a drop only takes 15 minutes. Even if I am bullish, I won't open a long position; I will just buy more spot and wait for the rise.

Let me share my views on the current market situation. The recent rise is just a slight increase in BTC and ETH, with Ethereum rebounding 20% from its low point, but its Layer 2 solutions have hardly increased, merely a replication of market trends. BTC has risen by 12%, yet there are no signs of quality mainstream altcoins pushing upwards! This sufficiently indicates that it is merely a rebound in a bear market and does not represent a reversal into a bull market. If it were a bull market, then during the two days of Bitcoin's sideways movement, those quality altcoins would definitely surge, compensating for gains! However, I have not seen that happening.

Currently, the price of U has also dropped significantly, indicating that many large holders are escaping to cash out. It's nearly the end of the year, and every company's performance, initial investments, and dividends for institutions and investors need to be settled. There is little fresh capital flowing in, and the ability to take over is lacking. Moreover, the retail investors who have survived until now are seasoned veterans, not easily fooled. Is it that easy to take over? Furthermore, just look at pinpin; this operation is truly ridiculous, pulling 100 times from left hand to right hand. Do you think retail investors now can take over for you? Retail investors now are even hesitant to bottom fish Bitcoin, let alone your air meme coin, which has no real application and is bound to go to zero sooner or later. We may be retail investors, but we are not fools!

$BTC BTC currently looks like a double probe on the daily chart, but it is definitely not the bottom. As for bottom fishing, just wait a bit longer. Save your bullets for after the New Year. If my short position gets forcibly liquidated, I am also prepared to take a break for a while. If I am not forcibly liquidated, I will take it to 82000.