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The recent wave of the second pancake is really exhausting, smashing from 1690 all the way down to 1632, now stuck around 1640, unable to go up or down. The bulls lack strength to push, and the bears aren’t continuing to sell off. It looks like there’s no direction, but in fact, there are plenty of opportunities for swings back and forth.
To be honest, I’ve never recommended staying completely out of the market; even in frustrating conditions, there are tradable fluctuations. The key is not to blindly chase highs and lows, but to follow the support and resistance points to profit from the price differences. As long as you get the rhythm right, ranging markets can actually make it easier to steadily make profits. There’s no such thing as “no opportunity.” #Gate直通IPO认购SpaceX $ETH