Guys, there’s a kind of loss that really hurts.
You’ve made a decent profit, only to watch it slowly slip away. I used to make this mistake all the time when trading in a rising market near the highs. As prices climbed, my account kept turning greener, and it was easy to fall for the same illusion: as long as prices are still going up, the trend must be fine. But I later realized that price isn’t the only thing worth watching near the highs. For example, after a rally, trading volume suddenly surges, but the price barely moves higher. The candlestick chart looks lively—prices surge and plunge, break out only to pull back, or drop only to get pulled back up. At times like these, I don’t simply interpret it as strength anymore. When volume rises but prices can’t push higher, it means disagreement in the market is clearly growing. Some people are still chasing the rally, while others are starting to take profits. We need to keep watching to see who comes out on top next.#zec
There’s another situation that’s even more deceptive. Prices keep setting new highs, and the mood in the group gets more and more excited, but the rally is clearly slowing down. A move that used to happen in a single candlestick now takes several attempts just to break through. That’s when people are most likely to say, “I’ll sell after it goes up just a little more.” Often, they never get that little bit more. So now, when I encounter a market near the highs, I don’t try to guess whether it’s at the top. Instead, I look at whether it can keep moving higher with the same strength. If price, volume, and market structure don’t line up, I’d rather take some profits off the table first.
Nobody can calculate the exact top in advance. But when something starts to feel off in the market, it usually leaves clues. Good traders may not be able to sell at the very top, but they know when to rein in their greed.@渔歌趋势 #ETH
You’ve made a decent profit, only to watch it slowly slip away. I used to make this mistake all the time when trading in a rising market near the highs. As prices climbed, my account kept turning greener, and it was easy to fall for the same illusion: as long as prices are still going up, the trend must be fine. But I later realized that price isn’t the only thing worth watching near the highs. For example, after a rally, trading volume suddenly surges, but the price barely moves higher. The candlestick chart looks lively—prices surge and plunge, break out only to pull back, or drop only to get pulled back up. At times like these, I don’t simply interpret it as strength anymore. When volume rises but prices can’t push higher, it means disagreement in the market is clearly growing. Some people are still chasing the rally, while others are starting to take profits. We need to keep watching to see who comes out on top next.#zec
There’s another situation that’s even more deceptive. Prices keep setting new highs, and the mood in the group gets more and more excited, but the rally is clearly slowing down. A move that used to happen in a single candlestick now takes several attempts just to break through. That’s when people are most likely to say, “I’ll sell after it goes up just a little more.” Often, they never get that little bit more. So now, when I encounter a market near the highs, I don’t try to guess whether it’s at the top. Instead, I look at whether it can keep moving higher with the same strength. If price, volume, and market structure don’t line up, I’d rather take some profits off the table first.
Nobody can calculate the exact top in advance. But when something starts to feel off in the market, it usually leaves clues. Good traders may not be able to sell at the very top, but they know when to rein in their greed.@渔歌趋势 #ETH
