Will it drop again?

Many people chase the highs, which can lead to significant losses. During a sideways trend, this is a key point to determine whether to break out or go down. We need to understand the overall direction; otherwise, we may face substantial losses during sharp declines or spikes.

Previously, there was a slow upward trend that eventually resulted in a rapid surge. During such times, we need to be cautious. We should significantly reduce our positions and observe, judging the movements after the sideways period without being fixated on chasing highs or bottom fishing.

A sideways trend gives you the opportunity to judge, but what if there's a rapid drop after a spike? Do you still have the chance to make a judgment? Only by managing your position well can you have the opportunity to make a profit! $BTC $ETH