2025-12-23 02:25:19

Last night's pullback really made quite a few people uncomfortable. Seeing Bitcoin plummet from nearly 100,000 dollars to 91,000 dollars was indeed another psychological test. But I noticed an interesting phenomenon: when the market is pumping, everyone is shouting "If you don't enter a position now, it will be too late"; as soon as there is a correction, they immediately shout "The bull run is over, hurry up and withdraw."

To be honest, if you still cling to the mentality of chasing rises and selling on dips, even if Bitcoin rises to 1 million dollars, you will still end up losing money. This is not alarmism, it's the fate of the majority.

**Where is the capital?**

Last night was quite telling. While mainstream coins are dropping, have you noticed that those leading meme coins on-chain are actually rebounding quickly? What does this indicate? It shows that there hasn't been a large-scale withdrawal of funds within the market; rather, it's just squeezing those highly leveraged positions. The market makers created a false breakthrough at the 98,000 position, aiming to catch all those short-term traders who think they are very clever.

**Is 100,000 really the end point?**

Many people are worried that 100,000 USD is the top for "profit taking." But you need to understand one thing - the real market top never appears when everyone starts to defend. The harsher the current washout, the stronger the main force's control over the chips.

Although there are many complaints about Ethereum every day, it managed to hold the support around 3200 USD last night. If this level is broken as well, the altcoin season may really be delayed by another two months.

**My trading discipline is very simple:**

Right now, there's only one word for this position—wait. Don't try to predict the top, and don't fall into panic. If you only hold spot, just close the app and do something else; if you're trading contracts, the key is to stay alive. As long as your account hasn't blown up, just hold on tight. In such a high-volatility market, it ultimately comes down to who can withstand it, and that person will win.

BTC-0,52%

ETH-0,88%

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WhaleStalker

· 2025-12-24 00:59

People who chase the price and sell with bearish market are truly under a self-fulfilling curse; even if you give them ten times leverage, they will still lose. In the 98,000 wave of false breakouts, it was clear to see who the market maker was playing people for suckers; short-term traders must have gotten liquidated quite a bit. Now there are just two choices: either turn off the app and pretend nothing happened, or survive in the contracts, as long as the account hasn't exploded, you've won. 100,000 is not the end; the more you fear a position, the less likely things are to happen; stop making wild predictions. The funds haven't run away; they are just squeezing out leverage players, and the rebound of memes shows that those who understand everything feel this way.

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ShitcoinArbitrageur

· 2025-12-23 02:54

Momentum investing is a habit that's really hard to break, and it makes people worry just by watching. To put it simply, it's a lack of discipline; no matter how much it rises, it's all in vain. The funds are hiding in the meme; smart money has seen through it early on. Whether 100,000 breaks or not doesn't matter; the key is not to get trapped. Just wait it out, don't blindly predict any tops. Spot can just lie there, as long as the contracts are alive, if the account gets liquidated, then everything is gone. This round of whipsaw has scared off so many people, a typical sucker operation.

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GateUser-addcaaf7

· 2025-12-23 02:43

Those who chase the price and sell with bearish market deserve to lose money; this is an iron law. It's true, the rise of memes is a signal for capital relocation. 100,000 is not the endpoint; the more aggressive the Whipsaw, the stronger the market maker's control, this logic holds. The key is to stay alive; getting liquidated is the real loss. Now it's about waiting; predicting the top is exhausting.

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AlwaysMissingTops

· 2025-12-23 02:39

Momentum investing is indeed a terminal illness, how many people have just handed their chips away The false breakouts at 98k were really something, not a single short-term trader could escape Whether 100k breaks or not still depends on the market makers, the more intense the Whipsaw, the more it indicates they hold a lot of coins Now it’s just a waiting game, for those holding Spot just open the app and that's it, for those trading contracts, don't get liquidated The fact that Meme coins are still moving indicates that funds haven't really fled, the market makers are just cleaning out the suckers The psychological test is hardest to endure in these few days, if you can survive, you'll profit

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GasGuzzler

· 2025-12-23 02:32

Indeed, those who engage in momentum investing should go bankrupt. Why can't they understand this? The market maker's operation this time is really disgusting, using the old trick of playing suckers at 98,000. 100,000 is not the top, and we are still in the whipsaw phase, so why panic? Just wait, holding Spot is the most comfortable, and for those in contracts, just staying alive is already a win. It's clear that the funds are still in the Meme, indicating that they haven't really exited the market. It’s really better to close the App; the more you look, the more annoyed you get, and your hands start itching. As long as Ethereum holds 3200, there’s still hope. If it breaks, we’ll talk then. To be honest, this is the biggest test of mentality right now; those who endure will be the winners.

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