$BTC The funding rate in Figure 1 shows that in the past few days, this has been the most bearish and most profitable time in the last three years. If the external environment doesn’t change, with enough fuel for the rally, a breakout is ready to happen at any time.

Actually, including me, half a month ago I was still watching the last dip of the five-wave pattern, and the on-chain indicators in the chart hadn’t bottomed out yet. The red cross in the chart is the ideal position one could only dream of. But later I reflected again: in the 2025 cycle top, none of the on-chain indicators showed a top, either—and it’s also different from every previous cycle.
The world is changing. It’s not that the wave theory must have five waves, and it’s not that if past cycles fell 70%+, this cycle has to fall by that much.
Cut loss early by switching direction in time, admit your mistakes, and don’t be a stubborn ass. In trading, you should be like wall grass. There’s nothing wrong with being wall grass. The trend is my wall—growing against the wall is how I can thrive and get a chance to grow into a towering tree.
Currently, Bitcoin’s price has already broken through MA120. The next milestone is STH-RP. The first batch of trend traders will enter after the price holds above these two levels. What if it drops? If it breaks down, you just stop out—spot trading’s stop-loss won’t exceed 10% at most. But once it rises, and with the trend established, compounding could mean a gains multiple. As the saying goes, “go with the big trend and go against the small ones”—that’s what it means.