StatesAreDividedIntoRational

It really feels like trading high-leverage cryptocurrencies with large fluctuations is mentally exhausting. Usually, after playing with them, I don't remember anything, and I don't gain much. I only remember sudden surges, then fluctuations that lead to a drop. It's hard to keep the overall picture clear. Many of those memories are better forgotten, as I can't grasp the patterns or predict whether it will go up or down next time.

It's really difficult, indeed quite troublesome. I don't know what to do. Anyway, ETH is just declining because many people are bullish, but we don't know exactly how low it will go. We must be clear about where it will bottom out. I always feel uncertain about the specific psychological point. We need to be sure—where exactly is the psychological position? I hope we can be clear about where exactly it will drop to.

#加密市场回涨 Let's start by analyzing popular cryptocurrencies. Popular coins don't need as much manipulation to attract large numbers of participants, so ordinary price fluctuations can cause many people to get liquidated. This makes them generally easier to judge. First, you need to assess the trend clearly—whether it's rising or falling, and what the main direction is. If you truly can't figure it out, it's very difficult to clarify. So usually people rely on their own instincts to make judgments. Therefore, start first with your own instincts.

I really can't understand this market. In the past, I basically just blindly chased the highs. Now, many assets rise and then fall immediately, giving no chance to react. This market is really disgusting. I just can't figure it out; it feels like there's no opportunity to exit. It seems like I can't endure it anymore. Choosing tokens definitely requires careful selection; otherwise, while others are rising significantly, the tokens I choose are just sideways.

#YB#bera feels like these coins die after a big surge, either consolidating or continuing to decline. I'm really worried they'll just stop consolidating and drop straight down. Only a few coins are doing well, and even those are slowly correcting. Many coins grow rapidly and then fall within minutes. It really tests mental resilience; you always have to plan when to take profits.

Sometimes there is simply no market trend, just sideways movement, and you can't do anything about it. You can only wait, only be patient and wait. When there is no market trend, stay focused and don't make reckless moves; just prepare for when the trend returns. Sometimes it's about testing your patience. Sticking tightly without a trend is just a waste of energy. Don't the big players take a break too? Any incomplete considerations will be added later.

Playing in the crypto circle with high leverage often leads to more losses the more you operate. Watching it lose without acting, hesitating to cut losses when it’s losing, misjudgments, and various other situations—these really make it seem no different from gambling. Sometimes, the more you get emotional and operate, the more you lose; no matter how you trade, it’s wrong. It feels like making a profit is just too difficult😭. Rolling positions simply doesn’t work unless you are truly chosen by fate😭.

Now it really feels like a day in the crypto world is a year in the human world. A week feels very fast, with rapid rises and falls. Unlike a normal bull market, where the overall trend is upward, during these times the market first surges, then doesn't give you a chance to chase the rally, and then it drops completely. This time, you really need to cut losses and take profits in time. Don't believe it will continue to rise.

The crypto world is all about high leverage, so you need short-term thinking. Don't hold on to trades for too long; take profits and cut losses. This tests human nature—both declines and rallies happen in an instant, similar to guerrilla tactics. Don't get caught up emotionally. Sometimes, we lose a little and become eager to make it back quickly. This mindset is very dangerous and should be avoided.

Currently, the market feels like there's not much change, and it's hard to see any clear signals. The safest approach is to open a small position and observe. Although this market is similar to sideways trading, it can still suddenly rise or fall. Often, there are hidden currents beneath the surface, so it's best to keep observing.

It's hard to judge how the market will move next. I don't know if it will go up or down; anyway, it's still fluctuating up and down for now. After a rise or a drop, there will usually be a period of sideways movement. There aren't many factors that can really impact the crypto space, and altcoins generally follow Bitcoin's movements. So for now, it's better to stay on the sidelines and not open positions recklessly. Generally speaking, the crypto market tends to be more bullish, so during sideways movement, it's better to open fewer long positions.

There have been too many positive news events recently, which has led to the current small surge. However, it’s uncertain whether the next market move will be good or bad. Generally speaking, when all the good news is out, it becomes a bearish signal. But after a small drop last night, the market bounced back. Whether it will go up or down next is still uncertain. Usually, this is when a decline starts, so for now, it's best to stay on the sidelines and observe.

Next, should we go short or go long? I think there is a lot of room for a pump, but the risk of a pullback is significant. Right now, the main focus is on the market data, but with the National Day holiday approaching, there will definitely be a wave of market activity. Therefore, there is a lot of room for operation, and the market is focused on the Fed data. Thus, the current market situation is unrelated to the number of people doing shorting or going long.