BTC has reached a critical top again.

Currently in the consolidation phase, the main focus is on the accumulation logic. Even if there is resistance above, whether the market can break through depends on the bullish strength in the spot and futures markets. When the volume during the accumulation phase exceeds the pressure released by the bears, hedging positions will tend to be adjusted by the bears to maintain balance—that is the fundamental operation of the market.

But in reality, we also have to deal with large players and big whales dumping. They are skilled and may release bait or fake signals to confuse retail investors. There is no perfect operation in this market, only trading strategies that survive.

Look around—it's full of traps, disguising opportunities quite convincingly. The big players are drawing charts, whales are dumping, waiting for newcomers to jump in. What we can do is not to foolishly predict the movement of each K-line, but to design a survival strategy—so even if we keep hitting losses, we won't die and can continue to stay at the table. This is the ultimate mindset of trading.