On October 1st, the first day of the month, the market experienced a sharp correction, triggering widespread panic.
Rumors started circulating, claiming that capital had shifted to A-shares, while escalating tensions in the Middle East were blamed for the decline.
Concerns began to grow that a significant drop was imminent.
Various explanations were offered for the downturn, with any reason being pulled out to justify it. A-shares represent the Chinese stock market, while the crypto market operates on a global scale—two completely unrelated sectors, yet people linked them together.
It’s clear that larger market players are working hard to shake out retail investors, causing fear that keeps them out of the market.
The monthly close for September is behind us, and the market's direction is already set. Regardless of how the market dips in early October, it won’t alter the overall trend for the month.
Just as I pointed out the rise in September, despite the early drop, the same applies here.
The shorter the timeframe you focus on—whether it’s the daily, 4-hour, 1-hour, or 15-minute chart—the easier it is to fall victim to the manipulations of the bigger players.
Yet, the one thing that remains beyond their control is the broader trend. Weekly and monthly timeframes show the market’s true direction, which cannot be influenced by short-term forces.
Many will focus on daily or 4-hour charts, thinking the market is headed for a significant decline.
But this is precisely when the larger players lure traders into bearish positions.
Short-term trends are fleeting, and yesterday’s 7-8 point drop, combined with the 10+ points lost in recent days, sets the stage for a reversal.
Once this trap is set, a sudden breakout could occur overnight, catching everyone off guard with a strong upward move.
However, those who miss this moment will hesitate, reluctant to enter the market as they watch prices steadily climb. Hesitation leads to missed opportunities, and the market waits for no one.
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