From mid-March to the present, Bitcoin has formed two obvious highs and two lows, showing that there is currently no clear trend, but rather a wide-ranging oscillation phase.
The current trend is forming a triangular convergence, so what points should be considered for short-term thinking?
- Do not make subjective judgments before there is a clear breakthrough.
- Consider in advance how to act if there is a breakthrough.
- Identify ineffective (garbage) areas and potential favorable trading positions within the pattern.
Those who can make big money in the currency circle have endured because a bull market does not always rise, but rather experiences frequent pullbacks. Many people, when faced with a pullback, may think that Bitcoin has risen so high that it is about to plummet. There are plenty of people who panic and cannot help but cut their losses. In this market, there is endless money to be made, but it can definitely all be lost. If you cannot control your mentality well, chasing highs, selling lows, or leveraging to trade with emotions, then you will become the fuel for the main force of this bull market. If you want to make money, you must endure, buy and hold, or invest in valuable coins. Not wanting to endure pullbacks and wanting to make several times or even tens of times in the currency circle are contradictory.
You can follow the public account: "币圈参谋长" to learn more about real-time market trends and gain more real-time strategies to earn more in a bull market!
This article is exclusively published by "币圈参谋长" (public account: 币圈参谋长) and does not represent any official position. The release and review of the article have a time delay. The above points are for reference only, and the risk is self-assumed! I specialize in BTC and ETH macro forecasting, micro trading. After becoming a disseminator of financial information, I hope that more people can learn the ability to make money through me, see the opportunities to make money, and achieve good results!
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