BTC rebounded about 12 points overnight, and a celebrity showed up. Ethereum also bounced back to around 2920, and the coins I bought surged strongly above my entry price. Unfortunately, many of my friends' accounts were wiped out yesterday, with nearly 90% of long positions liquidated by a brutal long-wick candle.

On the bright side, my account balance is higher than it was after yesterday’s sharp drop—another sunny day begins like this! Marsha is back again.

Market Outlook:
Back on October 31st, I mentioned there would be a drop at the start of the month, and sure enough, we got it. The price touched around 90,000 yesterday morning, hitting the bottom of the weekly consolidation zone before rebounding. Now, the key question is whether we can push to the top of the range at 106-111.

For now, there’s no particularly bullish news in the market. If you're trading contracts, positioning is everything—capital preservation comes first, profits second! Remember: Slow is fast, fast is slow. Even if you can 10x your account in a month, one long wick can take you out in seconds. The more traders rush to flip money quickly in the contract market, the less they actually make!#Golden Snake Brings Fortune: $50,000 in Rewards