How to trade? First, spend some time using a small amount of money to create a strategy that neither wins nor loses. That is to say, you make a hundred trades with a profit and loss of 0? Is it useful? Yes, it's useful. Congratulations, you have already outperformed 90% of the losers.
Then it's about continuously fine-tuning the strategy, how to earn more from profitable trades, how to avoid losses or minimize them, for the remaining 10% of people, little by little surpassing, that's how you can achieve it. Is it simple? Very simple, but no one can do it.
Moreover, when something is expensive,

What does it matter to me if you rise ten thousand times? I'm just a scrap collector, I collect waste paper at 0.5 yuan per jin and sell it for 0.8 yuan per jin, when the market is good I take a bit, when the market is bad I sell it for 0.6 yuan!

Why buy again after it falls? It's like shopping on Pinduoduo; if they don't send me 50% off or 70% off coupons, I won't buy. Not only do they not give discounts, but they also raise prices—who would buy? A string of garbled text, can what I buy sustain me? I only buy if I can make a profit after the discount, and once I buy, I should sell it off quickly; I can't hold onto it for the New Year.

If Ether gets any better, it will eat up ten points in a day, but I'd rather divide it into five days and eat two points each day. I will only enter the market when there’s a pullback and a big dump at the bottom; afterward, there will be fools chasing rising prices and fools getting liquidated to carry you up. Chasing at high positions is just the hard work of carrying the sedan chair. If it doesn’t big dump, I won’t enter; if those carrying the sedan chair don’t die, I won’t enter.
Relying on luck to profit from this wave of market trends is purely a rookie protection period.

Absolutely not, chase the price, the mad bull strategy is to wait, wait for the retail investors who chased the price to get liquidated before going long, because the market maker's goods can't be sold all at once, and there are second, third, and fourth waves of market movements. Even when the goods are sold out, there will still be rebound opportunities during the fall.
Of course, one cannot short.
No expert would miss out on a market opportunity and lose wealth; mistakes cause that, so don't get led by the rhythm.

BTC Ether is expected to reach multiple points.

Why is Ether strong?

Ether situation

Next step

We don't have Ether Spot, it's fine if it rises to ten thousand, we just need the opportunity to pullback and go long on contracts, it's also fine if it falls to 1000.

BTC is really a monster, and Ether has a strong logic.

BTC is too crazy, I still can't figure it out. I'm bearish but who knows if it will go up and kill the shorts.

No orders will be given tonight, although I want to. Not missing one order; I will do it after figuring it out. Only BTC and Ether can be used for contracts.

BTC seems to be holding up, but in reality, it is very weak. The market maker may not necessarily pump here, and it can be replenished later. Ether has also weakened after going up, and a drop is expected.

The idea for Ether is still to go long on a pullback. If there's no pullback, wait for a breakout and then go long on the pullback. Absolutely do not short; big institutions are all in the game and won't easily exit. Their capital is too heavy and they need to pump it to a significantly high point to offload their assets.

What went wrong today? The next position will drop by 50%.

Close Position

Hurt, everyone is afraid of CPI, either they don't dare to ask for more or they are in a vacuum.