Always focus on trading attention
Attention and hype move prices more easily than your imaginary lines
In crypto, attention moves liquidity, and liquidity moves price.
The first thing I do when choosing a trade is look for a catalyst (Catalyst)
The last thing I do is look at the chart and search for a good entry point
Before I buy anything, I ask:
Why should money flow into this coin?
Why should traders suddenly care about it?
Where could new liquidity come from?
Then I look at positioning, volume, liquidity, and relative strength.
The chart comes last.
Think like institutions and professional trading desks
#Ethereum
Attention and hype move prices more easily than your imaginary lines
In crypto, attention moves liquidity, and liquidity moves price.
The first thing I do when choosing a trade is look for a catalyst (Catalyst)
The last thing I do is look at the chart and search for a good entry point
Before I buy anything, I ask:
Why should money flow into this coin?
Why should traders suddenly care about it?
Where could new liquidity come from?
Then I look at positioning, volume, liquidity, and relative strength.
The chart comes last.
Think like institutions and professional trading desks
#Ethereum