btc19th of September Morning
The market has been consolidating at a high level for 7 days without any signs of decline. The bulls are very strong, and the bears haven't even produced a decent big bearish candle, so there’s no need to pay attention to them. The market is in a bullish phase, and the strategy should focus on buying during pullbacks at lower levels. The fluctuations are limited, and you can take advantage of 15-minute level pullbacks to buy. The maximum pullback for Bitcoin will be 88403. Just buy without hesitation; strong altcoins like goat, mooedng, and doge are good options. Unless there is a significant fundamental change that alters the market direction, the temporary low-buying strategy should remain unchanged.
Regarding fear of heights: When a big bullish candle is drawn, retail investors think, 'Wow, it’s so high, it must come down.' They go short, but the market keeps climbing, ultimately breaking through resistance and triggering liquidations. This is actually incorrect. A big bullish candle at a relatively low level reflects the actions of strong capital. Once it rises, it won’t easily come down. Do not simply interpret candlesticks as a staircase model (hard to go up, easy to come down). This is incorrect. A more accurate understanding is that it's like a tug-of-war match, a dynamic contest between the bears and the bulls, specifically the leading forces within them. Remember, do not blindly short just because a big bullish candle appears; strictly follow the market.