The riskier the market, the more you need to 'hold tight to the thigh': survival and counterattack guide for trend-following positions
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Everyone, I am Qingshan. The current market is like walking on thin ice; a single fluctuation can trigger a chain of liquidations. In such times, any 'bottom-fishing magic' is just a path to self-destruction. To survive and profit in the meat grinder, the only answer is: let go of all subjective speculation and be a pure 'trend follower'.
Remember the core iron rule: the market is always right. Our task is to identify it, follow it, and not to fight against it.
1. Core idea of trend-following in the current market situation
What is the trend now? The bearish trend was established the moment it broke through the key support line of $84,000. Any rise, before a clear reversal signal appears, should first be viewed as a 'bounce in a downtrend'. Your brain should immediately switch modes: