This time, the price plunged from its highs. Many people around us are already losing faith, even feeling as though the sky is falling and the bull market is over. But zooming out to look at the cycle, after a sustained rally, this kind of deep reshuffling of positions and leverage flush is an extremely standard structural shakeout.
Panic often sets in during liquidity vacuums. The key right now is to watch for signs of stabilization in the support zone, rather than blindly selling at the most pessimistic moment. As long as the broad, range-bound base structure remains intact, once weak hands have been shaken out, the trend will actually face less resistance.
The market’s most intense panic has always belonged to the hot-money crowd chasing rallies and selling into dips. Patiently wait for trading volume to dry up and the order book to settle. Don’t let the market shake you out of your position just before dawn.
$BTC #BTC #行情分析 #TradingPsychology
Panic often sets in during liquidity vacuums. The key right now is to watch for signs of stabilization in the support zone, rather than blindly selling at the most pessimistic moment. As long as the broad, range-bound base structure remains intact, once weak hands have been shaken out, the trend will actually face less resistance.
The market’s most intense panic has always belonged to the hot-money crowd chasing rallies and selling into dips. Patiently wait for trading volume to dry up and the order book to settle. Don’t let the market shake you out of your position just before dawn.
$BTC #BTC #行情分析 #TradingPsychology