Great joy and sadness, crazy and exhausting. During this period, BTC has been rising wildly without a callback. Many people seem to have experienced a serious illness, especially those who lost money and opened short positions. They are dazed, have poor appetite, suffer from insomnia and dreams, and are easily angry. The diagnosis is called contract trading and copycat syndrome. This disease usually occurs frequently. As long as you don't leave the cryptocurrency circle, it will relapse every 2-3 months.
Three days of fishing and two days of drying the net, watching the market every day, and opening orders every day. Most people will be led by the K-line. Worrying all day long, they are neither human nor ghost.
If someone can really be saved, there are only two ways, either lose all the principal and be forced to leave; or become self-aware and become a Buddha on the spot, and exit gloriously. But almost, contracts are like drugs, and cryptocurrency speculation is addictive. No one really wants to leave, because of greed, life, and many people are forced, or are willing to rise and fall in the cryptocurrency circle? There is always a saying that as long as Meituan is there, life can start over.
At the current four-hour level BTC, the top of the K-line is falling, and it is pulling back little by little. MACD dead cross, the power of the short side is strengthened, and the risk is the most ruthless. This pattern is actually the most terrifying. It starts with a slow cut, and then suddenly cuts the meat with a fast guillotine. This is hard to prevent. Be extra careful when placing orders.
These two days finally gave the copycat a chance to recover. Those that can rise have risen. Even a tortoise that has lived for ten thousand years must install a rocket. Although many coins have not reached their previous historical highs, the present is different, and BTC is at an absolute high, and it may collapse at any time, so everyone must reduce their positions when the copycat is high, just make money, and stop when you see the profit.
For those who do spot trading, it is still the same. If there is no big drop, don't enter the market. The surge is never your reason to enter the market, but the plunge is. Contract players, even if you enter the market, must enter with a stop loss. No one can say for sure that BTC will not fall sharply at this time. If it plummets, then the copycat will be shit. In this market, the real big money losers are often bull markets, wild bulls, surges, and crazy times. Death and madness are always tied together, whether it is a military war or a financial transaction.
Recently, the war situation in Eastern Europe has further deteriorated. No one knows what state it will escalate to. Perhaps a bomb will change the dynamic pattern of the world. Black swans are always there, it’s just a matter of how they come.$BTC