Monday: The Crypto Hangover
Mondays in crypto feel like the market just woke up after a hectic weekend—disoriented, sluggish, and a bit unpredictable. You fire up your charts, eager to jump in, but the action is flat, the patterns erratic. Sound familiar? Here’s why Mondays often disappoint and how to approach them like a seasoned pro.
Why Mondays Are So Unpredictable:
1. Low Volatility: Price movements are barely awake, offering little excitement or actionable opportunity.
2. Sentiment Reset: Traders return with fresh perspectives, often erasing any momentum from the weekend.
3. Weekend News Fallout: If there were big headlines over the weekend, the market’s still trying to process them.
4. Liquidity Lows: Thin order books lead to erratic trades, wider spreads, and growing frustration.
5. Institutional Pacing: Major players are easing back into the week, making early moves feel chaotic.
6. Technical Hazards: Patterns and indicators struggle to recover from the weekend, leaving you with more questions than answers.
The Solution:
• Don’t Chase: Let the market wake up. Watch volume and sentiment before committing to a trade.
• Work Smart: Stick to liquid pairs, steering clear of assets with thin order books.
• Sharpen Your Strategy: Use the Monday lull to fine-tune your setups for the days ahead.
Monday’s not about chasing quick wins my friends, it’s about setting the stage for the rest of the week. Want to see how a disciplined strategy thrives even on unpredictable Mondays? Follow my lead copy trading account, and let’s make every week count. Click here to copy and 💰🚀. Cheers and happy trading!