When the cycle and the technical adjustments have not yet been in place, quantification dominates the market data oscillation range. If trading short-term within 4 hours, it is easy to buy high and sell low, leading to frequent stop losses. The reason we need to choose three cycles to confirm whether there is a breakout or a confirmed breakdown mainly lies in the market liquidity depth being unsatisfactory, and the proportion of quant funds being too high, which inevitably increases trading difficulty. If you sit in front of the computer for a long time, you can easily be led by the Candlestick to trade frequently, increasing the position wear and tear. The so-called horizontal grinding of human nature and vertical cutting of the heart means just this. Earlier, BTC 12W had a bit of a breakout signal. I repeatedly said in the group not to chase, but to confirm the pattern; a real rise with reduced volume can maintain the pattern. In this situation, for spot investors, you have no other coping strategies and can only appropriately increase the oscillation range to improve the margin of error.


Note that the current BTC is still in reasonable fluctuations, and market speculative funds are still in ETH. There is no need to worry about the rise and fall of ETH affecting the final result of BTC; it will only fluctuate within a reasonable range.
BTC1.03%
ETH5.04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)