Fans asked: Is this the early or middle stage of the bull market?
Let me answer this question using my own thinking. First of all, this bull market started in October last year, and it has been 5 months now. According to the previous bull market cycle, it is indeed a time point to enter the middle stage of the bull market, but I think it is still It belongs to the early stage of the bull market. The reason is very simple. I think this bull market cycle will be longer than before. First of all, the halving has not yet arrived, and most of the current rise is due to the influence of Bitcoin ETFs. Because of ETFs, more institutional and retail funds continue to flow into the market, causing currency prices to continue to rise. Therefore, there will be a phenomenon where the big market keeps rising but the copycats do not rise much. If the copycats want to make up for the increase, they can only wait until the big pie stabilizes at a certain position, and then funds will gradually start to flow into the copycat market. Just like the situation in the past two days, the copycats have begun to take turns to make up for the increase, but the big pie has stabilized at the current position. .
Often this kind of market situation will give people the illusion of buying a coin at will. The result is that they will be trapped at the high point for a month or two, waiting for the next time to start unwinding or stop loss and exit. The general rise and rotation of each sector They all have their own reasons, and it is impossible to pull them up casually, so don't give up the low-price chips in your hand easily. You can choose to reduce your position appropriately but never clear it, otherwise you will miss a lot.
How to escape from the top in the end and how to judge which position is considered the top? In fact, this problem itself has problems. We should set an expected goal in our hearts for every transaction. After reaching the expected goal, we can choose to gradually reduce our positions instead of taking up all the space. For the bull market, it is not just about profits. Simple, but more importantly, you need to constantly improve your understanding of the market during the trading process and constantly change your concept of the market. Only in this way can you earn your own wealth in this market and successfully hold on to this wealth. Otherwise, the final result will still be to return it to the market. Well, that’s all for today. My small circle will share more suggestions and methods for market judgment and improving market awareness. Continuous learning should be your ultimate goal.Everyone is welcome to ask questions in the comment area or send private messages. #BTC #热门话题 $BTC $ETH $ORDI