Will there be significant movements in Bitcoin soon? Do you feel that Bitcoin has been lifeless these past few days? This is the most accurate reflection of Bitcoin's market state because the whales are on vacation.
A truly remarkable person sees through the essence of society yet still loves life! Trading is the same; understanding everything about trading yet still engaging in it. On the surface, prices rise and fall, but how many people truly care why they rise or fall! The underlying truth is a series of inducements followed by brutal harvesting!
Trading is essentially about probabilities, and it is no different from gambling, just with different methods. Everyone relies on luck, trying to increase their chances of winning with so-called experience and skills. Therefore, true trading winners are not necessarily the most skilled; they just know how to maximize their winning probabilities when luck is on their side. I have never seen anyone who became wealthy overnight and achieved financial freedom, but I know many people who treat the trading industry as their ATM, consistently making money!
This is how all traders should aspire to be. Just like gambling, even if you can't become the casino owner, at least don't be an ordinary gambler. Think like a casino owner when you gamble.
If you hear someone online talking about technical analysis, stay away quickly. Real experts never rely on technical analysis; they recount historical data with great enthusiasm while their own trading is a mess! The core of trading is to build your own trading system, execute mindlessly, gamble on probabilities, and risk-reward ratios. Once the data is in your favor, over time, you can achieve stable profits!
#Bitcoin Market Analysis
Returning to Bitcoin's trading advice, it is still mainly in a downward oscillation phase. Whether it is a range oscillation or a sharp decline is unknown. In short, the likelihood of breaking through resistance and rising is very small. Although it is a bull market, we are currently in the second bottom-testing phase of a pullback. Setting aside cycles, discussing rise and fall without addressing the bottom is foolish. Until the pressure above 90,000 is eliminated, dismiss the idea of going long! Consider entering spot trades in batches around 75,000, otherwise, just patiently wait. Don't worry about missing out! #First White House Cryptocurrency Summit #Crypto Market Observation
