First, there is the excessive issuance of currency, then the distribution of funds, followed by directions. Stable assets like gold are allocated, then U.S. stocks, and finally, risk assets in the cryptocurrency space. Each round in the crypto space follows this pattern: first, there are directions, then candlestick charts, first candlestick charts, then technical indicators, first technical indicators, followed by market sentiment and panic; first the panic, then media news accumulates.
Direction, patience, bottom chips = riding the main upward wave
Direction (wrong) without patience, chasing highs = dozens of times
The fluctuations in the crypto space can rise or fall by dozens of times, completely depending on where you stand.