$puppies Before the big run-up, the hardest part is often the endless oscillation.
Obviously, BTC and ETH are gradually recovering, and market sentiment is starting to mend.
But here’s the interesting part—
The Musk puppy that led the gains last week, saw a sharp pullback over the weekend and again on Monday.
Some people are starting to panic.
But look at it from another angle:
Last week’s consecutive rise and the rapid surge in hype in itself built up a large amount of short-term profit-taking positions.
Some people take profits and exit, some people panic and hand over their tokens, and some others step back in during the pullback.
This is exactly the kind of turnover a healthy market has to go through.
I’d rather interpret what’s happening now as:
a redistribution of the chips after the rally, and the potential buildup of consolidation before the next phase of the market.
Of course, no one can guarantee this is “accumulation,” and nobody knows when the correction will end.
But there are a few things worth watching:
BTC and ETH’s market environment is improving;
The Musk puppy community hasn’t stopped building;
The attention generated by the previous rally hasn’t disappeared;
The people who stream, post, and spread the word every day are still here.
So don’t forget a saying:
When prices are rising, look at the price; when things pull back, look at the value.
When it’s lively, look at the percentage gains; when it’s calm, look at consensus.
A truly big market cycle has never let everyone sit comfortably on the train.
It will oscillate, it will wash the market, and it will make you doubt your own judgment.
If the fundamentals haven’t changed, then what we need to do isn’t to guess each next candlestick every day, but to keep observing, keep building, and control our position size.
🐶 The Musk puppy has been through harder times than today.
When the wind blows, we’re here; when the wind stops, we’re still here.
When the next gust comes—leave it to the market.
We’re responsible for raising the sails. 🔥
Obviously, BTC and ETH are gradually recovering, and market sentiment is starting to mend.
But here’s the interesting part—
The Musk puppy that led the gains last week, saw a sharp pullback over the weekend and again on Monday.
Some people are starting to panic.
But look at it from another angle:
Last week’s consecutive rise and the rapid surge in hype in itself built up a large amount of short-term profit-taking positions.
Some people take profits and exit, some people panic and hand over their tokens, and some others step back in during the pullback.
This is exactly the kind of turnover a healthy market has to go through.
I’d rather interpret what’s happening now as:
a redistribution of the chips after the rally, and the potential buildup of consolidation before the next phase of the market.
Of course, no one can guarantee this is “accumulation,” and nobody knows when the correction will end.
But there are a few things worth watching:
BTC and ETH’s market environment is improving;
The Musk puppy community hasn’t stopped building;
The attention generated by the previous rally hasn’t disappeared;
The people who stream, post, and spread the word every day are still here.
So don’t forget a saying:
When prices are rising, look at the price; when things pull back, look at the value.
When it’s lively, look at the percentage gains; when it’s calm, look at consensus.
A truly big market cycle has never let everyone sit comfortably on the train.
It will oscillate, it will wash the market, and it will make you doubt your own judgment.
If the fundamentals haven’t changed, then what we need to do isn’t to guess each next candlestick every day, but to keep observing, keep building, and control our position size.
🐶 The Musk puppy has been through harder times than today.
When the wind blows, we’re here; when the wind stops, we’re still here.
When the next gust comes—leave it to the market.
We’re responsible for raising the sails. 🔥