In the past, there has been a saying in the crypto world that after a prolonged period of Sideways at a high position, there will inevitably be a fall.

However, these few times, after being pulled up by institutions at the relatively high level of the current range.
After several repetitions, the consensus has become that as long as there is a fall and the upward movement is weak, it is the bulls accumulating strength, preparing for a new high.
This is often directly related to emotions and news.
Think back on the role that the news played during this entire market segment.
at the price bottom and relative bottom
Constantly releasing various negative news makes you fearful and hesitant to get on this train.
and after the price starts to rise, every time it reaches a relatively high point that cannot be broken through
Then start to intensively release good news.
Whether institutions or major players, they all know that the power from retail investors is just a drop in the bucket.
But even so, they still hope you can buy at relatively high positions.
There are 2 benefits for them to take over.
1. Reduce the selling pressure and buying pressure they originally needed to bear.
2. Perhaps you are receiving the goods they are offloading to take profits.
The reason for the continuous release of negative news at the bottom is
1. I don't want you to obtain chips lower than what they have accumulated.
2. Hope you become the fuel in the process of rising.
I do not evaluate the goodness or badness of this behavior itself.
I just want to tell you
The news is just a tool; don't let every missed opportunity or wrong move in a certain market segment affect you.
I feel that there is a problem with my understanding.
Actually, you didn't have a problem; your understanding is what most people think.
And this is also what the institutions that released these news are hoping to see.
The market itself does not generate money.
Every penny comes from the liquidation of the opponent's position.
Why are they cutting the opponent's position, not yours
Where you are stronger than your opponent's warehouse is what needs to be considered.
You can stick to going long or going short, but before your win rate on one direction exceeds 60% and your risk-reward ratio is better than 1:2, it's best not to trade both directions simultaneously.
#PI #BTC #ETH #DOGE #SOL