This long position lost money again, but not much this time. Because the 11/22 wave was a heavy loss, almost all the money left in the crypto space is gone. And surrendering cost me half. Stopped out at 80,000. I’ve updated my pinned post and changed my view. 135,000 is now revised to 97,000. The rest remains unchanged. Completely bearish now. Look at silver yesterday as a reference. Since it already broke the key support level, don’t rush to buy the dip. I’m not encouraging you to short, but don’t rush to buy the dip either. BTC and silver are different from stocks. There’s no fundamental performance to calculate a fair price, so sometimes you need to refer to technicals. Key support and resistance levels, these have some reference value for BTC and similar assets. For stocks, I never look at this stuff. For example, if you talk to me about this stuff with CRCL, I’d think you’re an idiot But for BTC, there’s really not much else to reference. Key levels are a factor to consider. Breaking below 80,000, I’ve updated my pinned post: 135,000 is now 97,000.