Is the market bottoming out? It's better to observe behavior than just the price
To determine if the market has bottomed out, I pay more attention to market behavior rather than a specific price point. The true bottom usually comes with extremely reduced trading volume, decreased discussion heat, and a明显减弱的交易欲望. From the current situation, the market is still in the stage of “跌中讨论.” What does this mean? It suggests that the bottom may be forming, but confirmation still requires time. My strategy is: avoid chasing rebounds, avoid betting on news, and only engage in range trading that I understand. If mainstream coins experience another deep retracement, it would actually make me feel more confident to increase my positions.
Right now, the most important thing is not to make quick profits, but to avoid being drained of confidence during oscillations.
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#市场触底了吗?
Is the market bottoming out? It's better to observe behavior than just the price
To determine if the market has bottomed out, I pay more attention to market behavior rather than a specific price point. The true bottom usually comes with extremely reduced trading volume, decreased discussion heat, and a明显减弱的交易欲望. From the current situation, the market is still in the stage of “跌中讨论.”
What does this mean? It suggests that the bottom may be forming, but confirmation still requires time. My strategy is: avoid chasing rebounds, avoid betting on news, and only engage in range trading that I understand. If mainstream coins experience another deep retracement, it would actually make me feel more confident to increase my positions.
Right now, the most important thing is not to make quick profits, but to avoid being drained of confidence during oscillations.