One of the most common mistakes BTC traders make:
Mistaking a rebound for a reversal.
What is a rebound?
After a prolonged decline, the price makes a temporary upward recovery.
What is a reversal?
The previous downward structure breaks down, and the price gradually forms higher highs and higher lows.
The biggest difference is:
A rebound is just a price increase.
A reversal requires a change in the trend structure.
So don’t rush to declare that a bull market is here just because you see one big green candle.
What really deserves your attention is:
A breakout above key resistance, confirmation from trading volume, a successful retest, and a recovery in the larger-scale structure.
Remember:
For a rebound, watch the speed. For a reversal, watch the structure.
Learning to tell these two concepts apart can help you avoid many mistakes, like chasing rallies and panic-selling.#美国10月非农出炉：降息还有戏吗？
Mistaking a rebound for a reversal.
What is a rebound?
After a prolonged decline, the price makes a temporary upward recovery.
What is a reversal?
The previous downward structure breaks down, and the price gradually forms higher highs and higher lows.
The biggest difference is:
A rebound is just a price increase.
A reversal requires a change in the trend structure.
So don’t rush to declare that a bull market is here just because you see one big green candle.
What really deserves your attention is:
A breakout above key resistance, confirmation from trading volume, a successful retest, and a recovery in the larger-scale structure.
Remember:
For a rebound, watch the speed. For a reversal, watch the structure.
Learning to tell these two concepts apart can help you avoid many mistakes, like chasing rallies and panic-selling.#美国10月非农出炉：降息还有戏吗？