Let’s talk about bull and bear markets.
Market transitions from one phase to another are often only confirmed in hindsight; it’s hard to tell while you’re in the middle of it.
It’s worth thinking one step further: “cycles” are summaries of past trends, not rules written into a protocol. With few examples and a changing environment, past rhythms don’t necessarily mean they’ll repeat in the future.
Whether you think we’re in a bull or bear market now, keep your position size within the range of losses you can afford to bear.
Many people use the price movements of $BTC to describe the phase the entire crypto market is in. Current price: 74593.81.
Market transitions from one phase to another are often only confirmed in hindsight; it’s hard to tell while you’re in the middle of it.
It’s worth thinking one step further: “cycles” are summaries of past trends, not rules written into a protocol. With few examples and a changing environment, past rhythms don’t necessarily mean they’ll repeat in the future.
Whether you think we’re in a bull or bear market now, keep your position size within the range of losses you can afford to bear.
Many people use the price movements of $BTC to describe the phase the entire crypto market is in. Current price: 74593.81.
