Good evening everyone, this is Haige's Bitcoin Wealth Channel. After a strong monthly close, the price of Bitcoin has once again reached a new high. This is similar to the market situation just after the end of the epidemic. Starting from June 2020, the price hovered around 8000 for a long time. It was around November of the same year that the price started to rise, leading to an unstoppable bull market that reached over 60,000 in about six months. Haige has been reminiscing about the lively scene of the bull market, unlike the current quietness at the beginning of this year.

I've said so much just to emphasize one point: the current situation is very much like the start of a bull market. Don't question too much about how much the price can rise, and don't speculate whether the current price is the top. Bull markets do not announce their peaks. This is not just a saying, but the experience gained by many predecessors through their capital. After experiencing bull and bear markets, I feel even more that we should have a longer-term perspective and not lower our leverage. With the correct trend, time can bring profits higher than leverage. This is Haige's advice to you!

As for market analysis, I can provide you with results from over a dozen technical indicators, but I always feel that trading is not based on these. Trading is a battle between people, a breakthrough of oneself. It may sound a bit esoteric, but I believe some of you can understand and share the same thoughts with me! Currently, with the price of Bitcoin at 38,000, it may not be considered high for a bull market, but it could be a high shorting position for a bear market. As Shakespeare said, "There are a thousand Hamlets in a thousand people's eyes," so everyone has different views on bull and bear markets, and therefore different opinions on what they want to gain, which is the chips held by those with different views. This is a consensual market. Only with unlimited speculation will a bull market emerge, just like how everyone knows that ETFs will not yield results in the short term, but I believe most people will agree that it will come back, it's just a matter of time. So every time there is a slight movement in the market, regardless of the truth of the news, the price will fluctuate to a certain extent. This is the power of consensus.

Therefore, Haige believes that now is a very worthwhile time to start preparing for the entire bull market. Don't always focus on the 125x leveraged contracts in your hands; that's a gambling den. If you have spare funds and plenty of time, you can engage in 125x leveraged contracts, but remember not to put all your bullets into the contracts, as that would be very irrational, because the competition in this arena is very fierce!

Well, I'll stop here for today. I wish you all a smooth journey in December. I'm going to bed now. Winter is suitable for early sleep, so I'll leave the market to you!

The market is here, and Haige is here! A gentleman hides his abilities and bides his time. When the world follows the Dao, it is visible; when it deviates from the Dao, it is hidden!

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[Article review and publication may have a lag in strategy and lack timeliness. The above analysis represents the author's personal views and does not constitute specific operational advice. Trading carries risks, and caution is advised when entering the market. Specific operations are subject to Haige's real-time strategies. Meeting is fate, and Haige is someone who believes in fate!]

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