For the so-called waiting, sometimes it magnifies mistakes. Many times, prolonged monitoring leads to the loss of rational judgment. Being bullish out of fear of a drop and bearish out of fear of a rise, not setting losses when breaking support, stubbornly holding against the trend—ultimately pushing oneself into the abyss. Before entering the market, everyone often has their own opinions and insights, but the correct mindset is often discouraged by one's own indecision. Perhaps just a small stop-loss could end the mistake. Constantly modifying stop-losses equals indulging oneself, leading to an unmanageable situation.

Bitcoin has broken down, setting a historical low for 2024. It deserves to be called a historical low; indeed, after hitting the bottom, a rebound is necessary.

The price fell to the 59 mark, pressing the pause button on the retreat. After a bump of 2,000 points overnight, if today's price can stabilize above 615, then returning to 63 is not impossible, followed by further recovery and upward movement.

No matter how much it falls now, I am firmly bullish. Moreover, I expect a significant rise. For those of you who haven't been forced to exit your positions, what positions are you in? Today I still maintain a bullish outlook above 605, first targeting 63.

Follow the public account, what can resolve worries is only Jiang Wei, a treasure analysis blogger filled with emotional value, sharing trading education for free, bringing stable strength and clear guidance in the restless trading market. With experience spanning three market cycles and years of trading practice, skilled in naked K, trends, Dow Theory, Gann, harmonics, and wave theory, gathering into unique personal insights.

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