BTC is back messing around near 83,000. This market really doesn’t want retail traders to make money!
Yesterday, the bulls got crushed; today’s rebound is making the bears uncomfortable.
The funniest thing right now is that the bulls think it’s fallen enough, while the bears think the rebound is over. Both sides think they’re going to win.
But I actually think the biggest thing to watch out for right now is getting whipsawed.
If it can’t hold above around 84,000, I’m not in a hurry to chase it, no matter how nice the rally looks.
If 83,000 doesn’t hold, we need to watch whether it’s going to test the support below again.
Simply put, what’s missing right now isn’t a reason to be bullish or bearish—it’s a clear direction that actually takes hold.
After trading for so many years, I’ve found that the people who lose money most easily aren’t usually those who get the direction wrong, but those who rush to prove they’re right before the market has made its move.
At levels like these, I’d rather place a couple fewer trades than get whipsawed back and forth.
Personally, I’m leaning toward more short-term consolidation. Let’s first see what happens around 84,000.
Of course, if it breaks out on strong volume, I’ll adjust my view. Trading isn’t about getting into a fight with the market.
Tell me in the comments: I want to see whether there are more bulls or bears right now.
#BTC #比特币 #币安广场 #行情分析
Yesterday, the bulls got crushed; today’s rebound is making the bears uncomfortable.
The funniest thing right now is that the bulls think it’s fallen enough, while the bears think the rebound is over. Both sides think they’re going to win.
But I actually think the biggest thing to watch out for right now is getting whipsawed.
If it can’t hold above around 84,000, I’m not in a hurry to chase it, no matter how nice the rally looks.
If 83,000 doesn’t hold, we need to watch whether it’s going to test the support below again.
Simply put, what’s missing right now isn’t a reason to be bullish or bearish—it’s a clear direction that actually takes hold.
After trading for so many years, I’ve found that the people who lose money most easily aren’t usually those who get the direction wrong, but those who rush to prove they’re right before the market has made its move.
At levels like these, I’d rather place a couple fewer trades than get whipsawed back and forth.
Personally, I’m leaning toward more short-term consolidation. Let’s first see what happens around 84,000.
Of course, if it breaks out on strong volume, I’ll adjust my view. Trading isn’t about getting into a fight with the market.
Tell me in the comments: I want to see whether there are more bulls or bears right now.
#BTC #比特币 #币安广场 #行情分析