Yesterday, Bitcoin remained flat around the $67,000 level for a day, starting to rise at 9 PM and breaking through to $68,300 this morning at 6 AM. It has since pulled back slightly. The decline caused by the Israeli airstrikes on Iran on Saturday has been mostly recovered. However, most altcoins are like the Yellow Crane, gone forever.
Looking back at the cryptocurrency world over the years, why do some people continue to profit while others disappear?
In the same market, with the same coin, why is there such a large disparity?
Believe me, there are very few truly willing to reflect on their actions in the market; more often than not, they only care about the results. They invest more energy in searching for hundredfold coins. In their words, what's the point of reflection? It's all just gambling anyway. Does it make a difference whether you understand or not? Does it matter if you learn or not? Profit is the result, thinking is the process. Money made by luck cannot be sustained, while money earned through accurate judgment is rarely lost.
What causes the knowledge gap in this space or the disparity in understanding of the crypto world to be so vast? What behavioral habits lead many to be unable to profit? Have you ever thought about this?????
Back to today's market analysis: From the candlestick chart, Bitcoin shows a downtrend on the hourly level, an uptrend on the 4-hour level, is about to enter an uptrend on the 12-hour level, and is moving sideways on the daily level. The intraday resistance is at $69,600, and the support is at $65,900.
