I glanced at $BTC this morning: hovering around 75,800, with a 24-hour range of less than 1%. The high was 76,249, the low 75,571—just over six hundred bucks back and forth. Kind of puts you to sleep.
One detail is pretty interesting: the lows have been slowly creeping up. 74,888 was the low during the early hours the day before yesterday; yesterday’s low was 75,571, and so far today it’s 75,726—a little higher each day. But the highs are also drifting down, and it hasn’t touched 76,416 since. Squeezed between the two, the range keeps getting narrower.
This kind of market is actually the easiest to deal with: no decisions to make, and nothing you can really do anyway. I haven’t touched my position, and I’m not anxious watching it either. Just bored—harder to sit through than a big drop. At least with a big drop, there’s something to do: you can curse a bit and think about whether to add more. When it just sits there all day like today, that’s when you start getting itchy fingers. I just got on with the work I needed to do; it’s more peaceful not to watch.
If it’s going to move, I’ll wait for it to pick a direction on its own. #比特币 #MarketWatch
One detail is pretty interesting: the lows have been slowly creeping up. 74,888 was the low during the early hours the day before yesterday; yesterday’s low was 75,571, and so far today it’s 75,726—a little higher each day. But the highs are also drifting down, and it hasn’t touched 76,416 since. Squeezed between the two, the range keeps getting narrower.
This kind of market is actually the easiest to deal with: no decisions to make, and nothing you can really do anyway. I haven’t touched my position, and I’m not anxious watching it either. Just bored—harder to sit through than a big drop. At least with a big drop, there’s something to do: you can curse a bit and think about whether to add more. When it just sits there all day like today, that’s when you start getting itchy fingers. I just got on with the work I needed to do; it’s more peaceful not to watch.
If it’s going to move, I’ll wait for it to pick a direction on its own. #比特币 #MarketWatch
