Are You Letting the Crypto Market Play You? Here's What You Need to Know.
Many traders react based on emotions or external events, like the ongoing conflicts, rather than focusing on the facts within the charts. Here's the reality: when bearish sentiment reaches nearly 95%, it's common to see a bullish reversal, regardless of external circumstances.
The RSI (Relative Strength Index) tells the real story—when oversold, the market tends to cool off to the upside, and when overbought, it naturally corrects to the downside. Don’t be misled by those claiming that the current geopolitical tensions, such as the conflict between Israel and Iran, will only drive the market lower. These narratives often cause people to miss buying opportunities during optimal periods.
Think back—how many times have you made trading mistakes, whether you're new or a seasoned crypto investor? The answer is likely the same: it’s easy to fall into the trap of reacting late.
Follow me @Cryptovox for more in-depth insights and timely updates on navigating the crypto market successfully. Thank you.
