Uncle K wants to say something straightforward to everyone,
No matter what currency it is, never get too carried away.
It seems there is an invisible wall above or below the price.
The faster the rise or fall, the stronger the rebound after hitting the wall. Rapid rises and falls are actually signs of market instability.
If it's a gradual decline, one can seize the rebound at the current support level; if it's a rapid decline, then one should seize the rebound at a higher support level.
As for the rising situation, a gradual rise allows for continuously raising the profit-taking level while holding or performing limited swing operations; a rapid rise requires actively realizing profits and exiting.
Maintaining rationality and calmness can better cope with market fluctuations.
