Looking at BTC dropping from 100,000 to 80,000, many people's only thought is—it's over, this time it will go to zero completely. When it rebounds to 120,000, they start dreaming again: this time is different, it can reach 200,000.

The underlying problem is actually very simple: you lack confidence in your own judgment.

Think about it. If you truly believe that this round of market can rise to 120,000, then the pullback in the middle is just normal fluctuation and not worth panicking over. But when you see your account floating loss, your heart starts pounding; when you see floating profit, greed clouds your judgment. That’s human nature, no one can escape it.

In trading, what tests you the most is never how to read K-lines or how to use indicators. The real determinant of victory or defeat is psychological resilience. Your logical framework is fine, what comes next is a matter of execution and mental management. Many people lose money for seemingly unfair reasons—not because they see the wrong direction, but because they go astray on the right path.

The market loves to torment people this way. First, it gives you a little sweetness to keep hope alive, then it hits you hard to make you despair, and finally it offers you another chance. Only those who can endure this will be qualified to make real money here.