May 3rd strategy for fam

Recently, Bitcoin has been continuously breaking new highs. From an indicator perspective, it is difficult to analyze. However, one thing is clear: the current pump is too early, and the intentions of the whales are not pure. This position is not suitable for going long, and being trapped could be very uncomfortable, leading to the path of the whales. At this time, everyone is desperately trying to short at the top, constantly exhausting their capital. Normal trading should be like a cheetah, waiting for the right moment to act, rather than trading 24 hours a day, making many mistakes. For me, profitable markets are those with both upward and downward movements or in a downtrend. During this period, we should make more profits in favorable conditions and minimize losses in unfavorable conditions. I understand that the main goal of the subscribed brothers is to recover their capital, but not every market is easy to profit from. When we can make money, we should do more; when it’s hard to make money, we should be patient and learn more. Currently, institutions and retail investors are working together to protect the market, with a lot of short positions trapped below. It’s not easy to break upward, and in a decisive moment, institutions will certainly exit first, turning retail investors into targets for the institutions.
So as a trader, I am waiting for an opportunity to go up or down to draw indicators for trading.
Please be patient. Follow my updates.