Should short-term traders start to trade more based on the trend of Bitcoin? As shown in Figure 1. Various technical indicators suggest that the probability of profit from long positions is relatively high. However, judging from the trend of the long cycle, the decline has just started not long ago! As shown in Figure 2

I have always emphasized that the purpose of trading is to make profits rather than to enjoy the trading process, and the results prove everything. Over the years, I have not seen anyone who does short-term trading get good results. Of course, some have got results, but they will return all the results if they encounter one or two black swan events a year! From a long-term perspective, this is still not getting results. This is my previous trading experience. I started trading when I encountered the market. To be honest, the overall profit was quite considerable, but there was no way to avoid the market with big ups and downs.

The fundamental reason is that short-term trading does not consider long-term trends, resulting in short-sightedness and only focusing on short-term transactions at the moment. If you are not a genius speculator, it is impossible to get results in the long run!

Bitcoin has adjusted from the range of 55,000--62,000 to 55,000-60,000. The downward adjustment of the range means the trend is downward, which means that the difficulty of rising is greater than the decline. The long and short sides are fighting, and the long army is currently at a disadvantage. It is a very good transaction to buy on dips around 55,000. It is currently recommended to wait. $BTC $ETH $BNB