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The bears just celebrated, and the bulls countered with a slap! How long can BTC's recent rebound last?
The market is always more exciting than TV dramas.
Before the bears even had a chance to throw a victory party, Bitcoin has already reclaimed $63,000.
Many investors are starting to fall into familiar patterns:
Thinking that $100,000 is just around the corner after a small rise;
Worrying about a bear market after a slight dip.
Actually, what’s truly worth paying attention to is the market structure.
Currently, sentiment is clearly recovering, but trading volume has not fully exploded yet.
There may be strong resistance around $65,000.
If broken, $67,000 and even the all-time high will come back into view. #比特币回升5%
Recently, my strategy boils down to eight words:
Trade lightly and follow the trend, be patient and wait.
Don’t rush to full positions, and don’t rush to be bearish.
The biggest enemy of the market has never been volatility, but emotions.