Will BTC's significant rise lead to a crash? Is BTC's high-level fluctuation a sign of a peak turning bearish? Or is it going to reach a new level?
Many people might be confused again!
Don't guess! At least the current market is still in a bullish pattern! The short-term upward trend remains strong!
Don't wait until the price surges to chase it; don't try to pick the top during sideways movement.
In an upward trend, a pullback for correction is not a peak! Only when a top formation appears is there a high probability of reaching a peak!
It is precisely because many people cannot correctly identify this point! They always mistakenly believe that if it stops rising, they should chase the peak! If it stops falling, they think they should catch the bottom, trading back and forth, ending up holding a bunch of losing positions!
In the end, while others profit, you incur losses; while others take gains, you cut your losses, feeling like the whole world is against you!
In fact, we only need to solve two problems to defeat 90% of people!
One is to accurately identify trends and directions, and to promptly detect when a trend is reversing! Understanding the essential difference between adjustment and trend change.
Two is to grasp effective entry and exit opportunities!