The recent Bitcoin market reminds me of the period of 2014-2015, when the A-share bull market was hot and the Bitcoin market continued to be sluggish. Many people exchanged their Bitcoins for stocks, and some even believed that the Bitcoin bubble had burst and there would be no new bull market. However, those who sold Bitcoin at its lowest point later found that Bitcoin did not fall as they expected.

Back to now, compared with nine years ago, Bitcoin not only has more trading platforms and supporters, but also its social acceptance is constantly improving. In 2024, the Bitcoin ETF has been approved, and even Trump has publicly recognized Bitcoin. Bitcoin's recent continuous sideways fluctuations have caused some people in the market to spread panic that "Bitcoin will not have the next bull market", trying to get retail investors to sell their Bitcoin at a low price. Therefore, I don't think retail investors need to panic too much. The current volatile market has not chosen a subsequent direction, so you can wait and see.

On September 7, Bitcoin reached 64,000, trying to break through, and then quickly fell back to around 62,000. From the current one-hour K-line pattern, the long-short game is very frequent. It is expected that Bitcoin will fluctuate in a short-term narrow range between 62,000 and 63,000. For short-term operations, you can adopt the strategy of selling high and buying low, and enter and exit quickly. Follow me to bring you more new first-hand consultation.