If you

Don’t short at 120,000
Don’t short @E1@ at 110,000
Don’t short @E2@ at 100,000
And even at 90,000 or 80,000, don’t short
Now at 60,000 there’s no need to be overly bearish……

From the current decline and downward cycle, at least we have entered the mid-bear market stage, with the decline reaching two-thirds of the previous move. There’s really no need to be overly bearish, as this cycle has significantly changed compared to the past.

The market is becoming more institutionalized and less retail-driven, which is an undeniable fact. The influence of retail investors in the crypto market will continue to diminish as the market develops!