After a sharp plunge, the market moves straight into sideways trading. It may seem calm on the surface, but in reality this is the most grueling and numbing phase of a shakeout.
Many retail investors manage to keep their hands off the keyboard during a sudden drop, only to wear down their capital by trading in and out repeatedly during a prolonged, narrow-range fluctuation. The current sideways market does not mean a direction has been established; rather, institutions are testing whether floating shares in key price bands will be absorbed. This is a typical consolidation phase before a major move.
Don’t mistake dead time for trading time. Truly high-confidence opportunities are always hidden at the extreme boundaries of a sideways range or after a false breakout has been confirmed. Until a clear engulfing breakout signal appears, watching more and trading less is the restraint of a top-tier hunter.
$BTC #BTC #比特智 #Market Analysis
Many retail investors manage to keep their hands off the keyboard during a sudden drop, only to wear down their capital by trading in and out repeatedly during a prolonged, narrow-range fluctuation. The current sideways market does not mean a direction has been established; rather, institutions are testing whether floating shares in key price bands will be absorbed. This is a typical consolidation phase before a major move.
Don’t mistake dead time for trading time. Truly high-confidence opportunities are always hidden at the extreme boundaries of a sideways range or after a false breakout has been confirmed. Until a clear engulfing breakout signal appears, watching more and trading less is the restraint of a top-tier hunter.
$BTC #BTC #比特智 #Market Analysis