After staring at the market for a whole month, I finally realized it was purely 'participation-style monitoring' — prices bouncing back and forth in a range, with no breakthroughs or trends; the only thing moving was our fluctuating blood pressure!
As a veteran who has been through the ups and downs for 7 years, I’ve seen the madness of bull and bear transitions, and stumbled through fluctuating markets. However, the market atmosphere this week has truly played 'ineffective volatility' to the extreme. Every day when I open the market, those candlesticks look like they are joking: as soon as a green bar appears, the community instantly shouts 'Take off! Full position!' As soon as a red bar appears, it turns into 'Run! It’s about to break down!'.
Let me be straightforward, don’t get misled by this 'intraday emotional roller coaster'! It seems like there are daily movements of ups and downs, but in reality, prices are stuck in the same large-level range with no decent breakthrough signals. This is not a precursor to a trend, but a typical manifestation of 'no volume, no direction'.
Here’s some valuable insight for everyone, those who understand can avoid some pitfalls: every year at this time, the market tends to fall into a 'chaotic mode', and there are two core reasons — thin liquidity + sluggish trading volume. Simply put, large funds have all entered 'hibernation mode', neither entering the market to push up nor smashing it down, leaving only retail investors making small trades. In this situation, price movements do not represent trend changes; at most, it’s just 'mutual killing' between retail investors, you buy today, I sell, tomorrow I cut losses while you take profits, and in the end, it’s all just busy work.
So I’ll emphasize once again, and it's my most certain view recently: temporarily exit the market, don’t stubbornly fight this wave of fluctuations! Come back in early January, and you really won’t miss anything. If you don’t believe it, just look back at the same period in previous years, wasn’t it always chaotic? Either it’s a narrow range that grinds you down to frustration, or it’s an occasional false breakthrough that traps a bunch of people. Rather than wasting time and emotional energy here, it’s better to take this time to review well or simply take a break.
To be honest, in this line of work, learning to 'lie flat at the right time' is more important than staring at the market every day. What we want to earn is money from trends, not the trivial gains in fluctuations. Those who shout 'buy the dip' and 'sell the peak' every day are likely getting slapped in the face repeatedly right now.
Lastly, I’ll let everyone know, I will continue to closely monitor the market signals in early January. Once there is a clear breakthrough direction, I will immediately break down the layout ideas here for everyone. If you find my words practical, don’t forget to follow and give a thumbs up, don’t wait until the market comes and you can’t find your way! Follow me @链上标哥 so you won’t get lost!
