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I didn't go short last night. This morning, I went long at 98500-100000. Currently, I have a profit of 2000+ in Gate.io. I also went long on Ethereum at around 2570 and made a profit of 100+. Congratulations to the subscribers who followed and made profits!!!
No matter how much negative news there is now and how much the market has room to fall, I think this is a normal structural demand for a pullback in the bull market. The bull market is not a straight rise to the top. There will definitely be ups and downs in the middle.
Multiple washes are needed to maximize the profits of the house, so that retail investors continue to lose chips in the process of trading, and eventually the house takes over at a high level.
Hongyi's view on the market: the bull market is still intact. After this round of corrections, it will need to consolidate for some time before truly entering a raging bull market, which is the season for altcoin explosions.
So what we should do now is not to cut the meat after the callback, but to buy in batches at the appropriate time after the callback, and make a good layout to welcome the outbreak of the second wave of the altcoin season!!!
The live broadcast will start soon tonight. See you in the Hongyi live room!