Brothers! Have you been staring at the candlestick chart until dawn again? One moment you say "XX point is the golden bottom", the next you shout "this drop is thorough", and as a result, you rush in and end up being stuck like a "mountain top cave man"? I dare say, 90% of the losses in a volatile market die from "taking guesses as the basis for operations"!
Let me first tell you the tragic history of the "bottom guessing hero".
Let's talk about this round of adjustment. Recently, someone patted their chest and said "XX threshold is the iron bottom", a group of people followed the trend and rushed in, only to see a new low the next day; then someone shouted "XX integer level is absolutely safe", and the bottom-fishing funds poured in, yet still couldn't stop the downtrend. Even more surreal is that now someone is starting to guess "when it drops to XX point, I'm all in"—brother, if the market could be guessed by you, the exchange would have to hire you as CEO!
I have seen too many people, from "small dips small buys" to "big dips big buys", and eventually turning into "lying flat after a drop". The essence is treating "luck" as a "strategy". Remember this: the bottom is never guessed; it is the market that "shouts" it out with signals.
Here comes the valuable content! 3 reliable bottom confirmation signals
Stop guessing blindly. These signals must appear before you act. I’ll give you examples from past markets:
Two bottom tests without breaking levels: Just like in a previous market cycle, when it tested the XX range twice without breaking down, it shows that there is capital firmly supporting this position, and the selling pressure is almost exhausted. This is the first step of "bottom stabilization".
Volume bullish reversal: After the bottom, there must be "real money" entering. If a large bullish candle appears, with volume increasing 2-3 times compared to the previous days, directly covering the previous downward K-line, it indicates that the bulls are starting to gain strength, not just a feint.
Consolidation without new lows: Just rebounding is not enough; you need "patience". For example, after the previous XX low, it consolidated sideways for more than a month, without breaking the previous low during market fluctuations. This indicates the main force is secretly accumulating, laying the foundation for future rises.
To summarize: two bottom tests + volume reversal + sideways stability. Only when these three signals are gathered can the bottom be considered truly confirmed. Missing one could be a "false bottom"; entering means giving away your head!
Lastly, let me say something from the heart.
I know everyone wants to catch the "lowest bottom", just like wanting to bite off the most tender meat from the fish head, but even if the fish head is fragrant, it hides bones! Even if you guess right once, can you rely on luck every time? Those who make money in the market are never "bottom guessers", but "signal hunters".
After confirming the bottom, there are opportunities to get in. Why rush to be a "picking-up guy"? Spot trading requires more stability. Before the signals arrive, why not brew a cup of tea and watch the market patiently? After all, in the crypto market, staying alive is more important than anything; the premise of making money is not getting trapped!
I will continue to monitor the market. Once clear signals appear, I will inform everyone immediately. If you find my explanations practical, give a follow so you don't get lost. When the next market starts, let’s feast together and not be the chives that get cut!
