I watched a video that said in a strong upward or downward trend, most people do not lose money; it is during the consolidation period after the trend that the most losses occur. This is called a garbage trading range.

The current market is very similar to this; I caught the first wave of gains, and after closing my position, I entered the consolidation range. The market was indecisive and I was quickly washed out; frequent openings and losses brought me back to a small loss. Realizing something was off, I stopped opening new positions.

I am currently still in cash; my current view is to hold positions steady, and I am more inclined to be bullish. $BTC #加密市场狂欢