Recently, BTC's trend has been quite interesting. After the bearish news at 12 noon, the main force directly took large positions to establish short positions. However, just three hours later, due to changes in external factors, those short positions were quickly closed. This back-and-forth switching has caused many retail investors chasing gains and killing their positions to be squeezed out quite painfully.

To be honest, it's now very difficult to determine how far this rebound can go. After the main force closes their short positions, will they turn to build long positions, and how the market will fluctuate during this process, it's hard to see through at the moment. Instead of blindly trading, it's better to wait until next week to get a clearer picture.

Today, there were indeed significant losses. The most heartbreaking part isn't the numbers themselves, but the feeling of being passively hit. A few words can trigger a market earthquake, which is a true reflection of the current market situation. In the next few days, focus on adjusting your mindset, stabilize your emotions, and prepare for the next phase of trading. Sometimes, stopping and waiting is the best decision itself.