Recently, market sentiment has gradually warmed up, and everyone is discussing the turning point of the market.
As the saying goes, "One rise changes three views." If the market continues to rise with several bullish candles, everyone will believe that a bull market has arrived.
On the contrary, if several bearish candles appear consecutively, many will begin to feel that the bull market has ended.
However, reality often slaps us in the face. Continuous rising does not mean a bull market is imminent; sometimes, the major players will induce retail investors to take over at high prices. Similarly, continuous decline does not necessarily mean that a bear market will continue; the major players may be accumulating at low levels to pave the way for a subsequent rebound.
The core issue is whether we can accurately determine if $98,000 is a peak or a trough. Understanding this question will help us know how to operate.
The market is filled with various emotional analyses and predictions, and many times these only disrupt investors' judgments.
When market sentiment is unstable, many people, even if they buy at low prices, will choose to take profits and exit after a slight rise, ultimately allowing most profits to be taken by experienced players.
Regarding whether to hold during a bull market, when to hold, and for how long, no one can provide a clear answer.
If we blindly follow the trend and discover mistakes after holding for several months, what should we do? Even if we hold until a certain price, we may still be confused about when to sell.
Without a clear investment logic, simply believing in slogans like "a bull market should be held" may ultimately become self-limiting.
Looking at the market trend in January, it is almost consistent with the strategy analysis at the beginning of the month.
Next, the explosive period for altcoins may still need to wait 1 to 2 weeks; be patient and hold, and be prepared.
