风火山林|Nov 15, 2026 03:24
This attempt to buy the dip resulted in a nearly 50,000 USDT pullback. I initially thought it was a good time to buy BTC at the bottom, believing a rebound was inevitable after such a significant drop. However, it turns out the market had a deeper bottom. In a downtrend, instead of trying to find the bottom, I shorted at resistance levels during rebounds. Normally, I wouldn't lose much money, but in this kind of market, I suffered massive liquidations. A wake-up call for myself!
In retrospect, I learned not to try and catch a falling knife. The bottom is formed, not guessed. In the crypto world, a day feels like a year.
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