Emergency Notice! Something big is coming!

This recent sharp drop in $BTC has made people feel that something serious is about to happen, as if there’s some major movement on the horizon. Many say that this drop is entirely due to a few words from Powell of the Federal Reserve.

But to be honest, can we really blame him for everything? Those of us who have been in the crypto space for a long time still remember the bloody Christmas night clearly; adjustments before the new year are also quite common. In trading, it’s important to listen to the news, but even more important is to look at the actual market situation and analyze it with our brains.

On some special days, the market tends to be particularly sensitive. When Trump was in charge, the strategic reserves meant that whatever Powell says now might just cause a slight shake in the market, and it will quickly pass. This adjustment, to put it simply, is just because everyone has been too greedy; the market is just adjusting itself.

For us traders, we can’t just rely on guesses. The holding data and the movements of those big players on-chain had already shown signs before Powell spoke. Following the big players is what allows us to thrive in the secondary market.

Speaking of the future, Trump is about to enter the White House; who knows, he might bring a bunch of good policies for the crypto space. Those imitators might finally have a chance to grow. Isn’t this the major movement we’ve been waiting for? The timing is just right.

Can we bottom out now? I have to say, smart people always leave some room for maneuver at critical times. If you don’t want to take a big fall, don’t touch those risky games. Just like the big brother in the crypto world said: I don’t mess around, I stay steady; as long as I catch a big trend, I’ll be satisfied. Let’s continue to be steady and prepare for market changes.

Are you stuck? When is the right time to bottom out? It’s still the same saying, if you’re confused and helpless and don’t know what to do, click on my profile and follow me. I need fans and you need references; guessing is worse than following!