think 🤔

If the price is ten dollars without a pullback, then those who enter at ten dollars dare to take it to 20, 30. If it pulls back to 5, then guess what will happen when the price returns to ten dollars? They might sell at 8 dollars, while others short, and many will cut losses at 5 dollars, leading to continued liquidation at 20 dollars! Volatility can trigger a short squeeze, and a loss-cutting market is also a dividing line for diamond hands!

First, there is excessive issuance of currency, then there is the distribution of funds, followed by direction, stabilizing assets like gold, distributing US stocks, and finally distributing risk assets in the crypto market. Each cycle in the crypto market follows this pattern: first the direction, then the candlestick chart, first the candlestick chart, then the technical indicators, first the technical indicators, and then the market sentiment panic; first the panic, then the accumulation of media news.
Direction, patience, bottom chips = riding the main trend
Direction (wrong) without patience, chasing highs = dozens of times
The rise and fall in the crypto market can multiply dozens of times, completely depending on where you stand.