Waiting is a way to change position

The market is gradually recovering and regaining its upward momentum after the recent adjustment on the 18th-19th of December. Although it only dropped about 18% (Total 1), many, many people were liquidated due to panic and lack of understanding of the market situation.

Current situation
In an uptrend cycle, adjustments of 20-30% are something we often see and are essential for the market to maintain its upward momentum. As mentioned in previous articles, these adjustments help purge a large amount of liquidity from traders using leverage, serving as a source of 'raw material' for the market to continue growing.