Yesterday, the market performed exceptionally strong, generally showing an upward trend with significant gains. However, it is puzzling that trading volume did not rise correspondingly. What does this indicate? It suggests that there are many buyers in the market, while those willing to sell are relatively few. Everyone generally believes that this is a rare good opportunity, rushing to buy, but few are willing to sell.
From the perspective of those large investors, the current chips in the market have not yet undergone sufficient turnover, and there are still many stubborn bulls holding onto their chips, firmly believing that this is already the lowest price and that there is no possibility of further declines in the future.
However, I personally think that this is not the true market bottom yet. The market may still experience another rebound, providing everyone with some temporary gains. But my personal judgment is that after this rebound, the market will likely continue to search downwards and may even break the previous low to reach lower price levels.
If you often find yourself trapped due to chasing highs and selling lows, lacking the latest cryptocurrency information, and feeling confused and helpless, you might want to reach out to me for more guidance.