In the sea of financial markets, every opening of a position is like a small boat looking for a harbor. But not all seas are suitable for anchoring. Some places are windy and rough, and the boat may capsize if you are not careful. That is why the market is not suitable for opening positions many times.
Imagine someone asking, "Can I go long now? Can I go short now?" This is like asking, "Can I sail in a storm?" An experienced captain will tell you that this is not a good idea.
Opening a position is like looking for a safe harbor. What we need is a solid bottom, a clear support point, so that our ship can dock steadily. Similarly, shorting also requires a solid ceiling, a clear resistance level, so that we can sail safely when the storm comes.
However, if the market is in a "no village in front and no shop behind" position, with no obvious support or clear resistance, then this is the worst time to enter the market. In this case, the market is like an unknown sea, full of uncertainty and risk.
So, next time you hear someone eager to open a position in the market, you might as well remind them that it is wise to wait patiently and look for those ports that are truly suitable for sailing. Remember, not all seas are suitable for anchoring, and not all markets are suitable for opening positions$BTC