I have halved all my positions in cash. That's right, the market is accelerating, with good news coming one after another, and it looks like it will rise significantly again. However, after an accelerated rise, there could very well be a big pullback. I've taken half off; if there is a pullback, we still have funds on hand to buy back. Those small-cap coins have started to fluctuate wildly, with big ups and downs; the market sentiment is a bit strained.
Moreover, if you look at the 4-hour K-line chart for Bitcoin, it has been moving sideways and a massive bearish candlestick has appeared, along with a frighteningly large trading volume. On the contract side, positions are still increasing during the decline, indicating that short positions are quietly increasing as well. We need to be cautious about these.
In addition to the good news, we also need to observe the K-line trend. If it rises to levels like 100,000 or 140,000, the chance of a pullback becomes very high. It's rare for it to rise all of a sudden; a pullback is healthy. Otherwise, if it rises too steeply, it can easily lose momentum, and if everyone panics, it could lead to a crash.
The test of a bull market is not just about the rise and fall of the market but also a test of our mindset. Facing changes in our accounts, we must remain rational. Next, I will announce the potential tenfold coin in the inner circle! Guessing is not as good as seizing the opportunity! Like + comment for free sharing.
