Fading Memories: Bear Market Dollar-Cost Averaging Journal | Day 160
The market faces the test of "inflation not falling." The U.S. March CPI rose 3.3% year-on-year, reaching a new high since May 2024, with gasoline prices skyrocketing by 21.2% in a single month. However, Bitcoin briefly surged against the trend to $73,000, with over $250 million liquidated in 24 hours, and short positions being wiped out. Capital has chosen to "believe that core inflation is controllable," rather than succumbing to the panic of overall data.
My observations:
· The data is contradictory, but the positions are even more contradictory—sentiment indicators remain below 20, with retail panic and smart money buying against the trend simultaneously.
· Binance wallet integrates Predict.fun with zero gas fees (April 9), the practicality of the BNB chain quietly increases in the bear market.
· The market is searching for direction amidst complex signals, but that is not my concern.
My discipline:
· Do not be restless due to CPI rebound, just wait for the preset hitting zone.
· Cash (U) remains the oxygen, staying silent amidst the "to buy or not to buy" debate.
· No operations today.
True dollar-cost averagers are not the ones interpreting the data, but those who let the data pass by their ears and still act according to plan.
→ Dollar-cost averaging check-in, discipline for freedom.
#Silence Period Before Bull Market #Hoarding U Like Grains
The market faces the test of "inflation not falling." The U.S. March CPI rose 3.3% year-on-year, reaching a new high since May 2024, with gasoline prices skyrocketing by 21.2% in a single month. However, Bitcoin briefly surged against the trend to $73,000, with over $250 million liquidated in 24 hours, and short positions being wiped out. Capital has chosen to "believe that core inflation is controllable," rather than succumbing to the panic of overall data.
My observations:
· The data is contradictory, but the positions are even more contradictory—sentiment indicators remain below 20, with retail panic and smart money buying against the trend simultaneously.
· Binance wallet integrates Predict.fun with zero gas fees (April 9), the practicality of the BNB chain quietly increases in the bear market.
· The market is searching for direction amidst complex signals, but that is not my concern.
My discipline:
· Do not be restless due to CPI rebound, just wait for the preset hitting zone.
· Cash (U) remains the oxygen, staying silent amidst the "to buy or not to buy" debate.
· No operations today.
True dollar-cost averagers are not the ones interpreting the data, but those who let the data pass by their ears and still act according to plan.
→ Dollar-cost averaging check-in, discipline for freedom.
#Silence Period Before Bull Market #Hoarding U Like Grains
