The market is unstable, and it's not really a technical issue.
Many people, when they see the market unstable,
their first reaction is: Is it going to crash? Is it going to plunge?
But to be honest, when the market is unstable, 90% of the time it's not a technical problem.
It's that the consensus is not stable.
The real issue is that money is afraid to take a stand.
When the market reaches a critical position,
you will notice a phenomenon: it can't be pushed up, but it also can't be pushed down.
Why?
Because no one dares to chase above, and no one is willing to sell below.
It's not that the bulls don't want to push up; it's that when they push up, no one is there to take it;
It's not that the bears don't want to push down; it's that when they push down, the chips are getting harder.
In this kind of market, on the surface it looks like "grinding," but in essence, funds are testing each other's courage.
Retail investors are most likely to get hurt at this step.
When the market is unstable, retail investors start to panic.
Today they are bearish, tomorrow they are bullish, and the day after they can't help but chase a sudden movement.
The result is: the direction is not wrong, but the rhythm is all wrong.
In an unstable market,
it loves to do three things: wash patience, wash rhythm, and wash positions.
The more you want to prove yourself, the more the market likes to teach you a lesson.
Why are seasoned investors not in a hurry?
Because they are very clear:
The real direction is not determined by a single candlestick.
Being unstable means someone is waiting for a better price; it also means that someone is unwilling to exchange chips at this position.
This is not a bad thing; it's a necessary stage for the market to "brew."
At this time, what is the best operation?
It’s not about predicting, not about going all in, and certainly not about frequent trial and error.
Instead, it is: reduce the frequency of actions and conserve bullets.
When the market is unstable, you only need to do one thing: stay alive and wait for it to show its hand.
The market never hesitates forever,
it just hasn't chosen well
whose money to take first.
In conclusion, the market being unstable is not scary; what’s scary is when your heart becomes unstable first.
Those who truly make money are not the ones charging forward in every market phase, but those who choose to remain still when most people are in a frenzy.
Before the direction emerges, patience is your biggest position. #加密市场观察 #巨鲸动向
