The bull market in the crypto world has arrived, and it's still hard for ordinary people to make money.
Currently, it's a bull market for BTC, but the rise of BTC has little to do with most retail investors, as they generally do not invest funds in BTC. At this stage, the risk-reward ratio for investing in BTC is quite low. Therefore, most retail investors choose to invest in altcoins. There are seasons for altcoins as well; they don't keep rising continuously. Last month, altcoins performed strongly, but this month they are somewhat sluggish. These trends are predictable; the market for altcoins moves in phases, and it's difficult for retail investors to make money through swing trading.
There are many speculative coins in the altcoin market, and capturing them can be challenging, requiring research and analysis, which often relies on luck. Currently, in the secondary market, the risk-reward ratio for investing in altcoins is definitely greater than that of BTC.
Each retracement line can roughly reflect the trend; candlestick charts don't lie, and trading volume doesn't lie either. Through these auxiliary lines, we can better choose the timing for buying and selling.