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纸上不谈饼
--Bullish
纸上不谈饼
·
--
Bullish
What level of pullback is considered healthy in a bull market?

In a bull market, what level of pullback is considered relatively normal? I have summarized the trends from 2017 and 2021.

The big trend in 2017 started in 2016, and throughout that year, pullbacks exceeding 10% occurred 10 times. The 2021 trend experienced 11 such instances. Therefore, this current major trend actually began last year, starting in 2023. This year is considered the second year of a good trend, and there is a high probability that the next half-year will also be favorable.

Interest rate cuts have only just begun, with two or three cuts recently, so I anticipate that this wave of the market will continue. Thus, more than 10 instances of pullbacks exceeding 10% are considered normal, and so far, there have been 7 occurrences today, with possibly another 3 to 4 pullbacks over 10% remaining. Therefore, as long as this pullback is not larger than 10%, and stays within 30%, it is regarded as a healthy pullback and a relatively good opportunity.

Key point:
However, once the pullback exceeds 30%, for example, if it breaks below the 200-day moving average, then you need to run; do not wait any longer. You must exit with discipline.

Don’t just focus on the 4-hour and daily candlestick charts; look at the weekly and monthly charts. Even if it drops to 88,000, it won't hinder the subsequent rise, because the overall trend is still intact.

#BTC上攻11万? #2025加密趋势预测
{future}(BTCUSDT)
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.
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