The market has fallen to near its daily low, and everyone seems to be feeling a lot of FOMO.
From my perspective, the overall selling pressure hasn't fully played out yet.
Although I'm personally bullish, I still expect the market to remain somewhat choppy and weak.
So, while trading this market in the meantime, keep your positions light.
Treat every long position as a regular intraday trade,
not as an attempt to catch the bottom, and don't use a large position.
If the choppy phase drags on, it's easy to lose confidence in trading the broader market move.
At the start of every market rally, people are usually bearish on the market,
or they've already lost some of their capital during the consolidation.
When the move finally comes, they either have no capital left,
or they're already trading emotionally
and have stopped trusting the market structure and the trend.
As a KOL and a trading-signal streamer,
all I can do is help keep your trading emotions steady, plan our daily intraday strategies, and lock in profits from short-term trades.
You can stay hopeful about the market, but don't rush into so-called emotional trading.
This applies during livestreams too.
I'll always offer both new and longtime viewers balanced trading advice and an analysis of where the market may be headed.
I hope you can all become more profitable versions of yourselves.#BTC #ETH
From my perspective, the overall selling pressure hasn't fully played out yet.
Although I'm personally bullish, I still expect the market to remain somewhat choppy and weak.
So, while trading this market in the meantime, keep your positions light.
Treat every long position as a regular intraday trade,
not as an attempt to catch the bottom, and don't use a large position.
If the choppy phase drags on, it's easy to lose confidence in trading the broader market move.
At the start of every market rally, people are usually bearish on the market,
or they've already lost some of their capital during the consolidation.
When the move finally comes, they either have no capital left,
or they're already trading emotionally
and have stopped trusting the market structure and the trend.
As a KOL and a trading-signal streamer,
all I can do is help keep your trading emotions steady, plan our daily intraday strategies, and lock in profits from short-term trades.
You can stay hopeful about the market, but don't rush into so-called emotional trading.
This applies during livestreams too.
I'll always offer both new and longtime viewers balanced trading advice and an analysis of where the market may be headed.
I hope you can all become more profitable versions of yourselves.#BTC #ETH
