At present, the trend of the bitcoin market is quite cunning, and there are frequent false breakouts. This strategy is quite obvious: first, the volume breakout creates the illusion of a strong rise, inducing traders to panic and rush to enter the market. However, once enough investors are attracted to the market, the price quickly retreats, trapping these investors. This kind of market manipulation is really lamentable. If you can recognize that this is actually a swing within a trading range, you can avoid these pitfalls and profit from market volatility. Investors who understand range trading should have a lot to gain in this wave of market. The market is always testing the patience and insight of traders, not the courage to blindly chase up.
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At present, the trend of the bitcoin market is quite cunning, and there are frequent false breakouts. This strategy is quite obvious: first, the volume breakout creates the illusion of a strong rise, inducing traders to panic and rush to enter the market. However, once enough investors are attracted to the market, the price quickly retreats, trapping these investors. This kind of market manipulation is really lamentable. If you can recognize that this is actually a swing within a trading range, you can avoid these pitfalls and profit from market volatility. Investors who understand range trading should have a lot to gain in this wave of market. The market is always testing the patience and insight of traders, not the courage to blindly chase up.