Do you still remember 2023.4—2023.10?
Do you still remember 2024.3—2024.10?
A bull market, with two periods of consolidation in between.
Did you make money during those two six-month consolidation periods?
If not, how much did your profits retract?
Think back carefully, and you will calm down and consider the possible consolidation periods within the elliptical circle.
In what way will it present itself, and how long will it last?
Is there hope for another wave of Bitcoin reaching new highs?
Of course, there is hope!
But the probability is not high.
And even if there is, how high can it go?
When discussing trading, we talk about win rates and risk-reward ratios.
From these two perspectives, continuing to hold positions or even using high leverage to go long here has very low cost-effectiveness.
It might be better to wait for a major crash like "519" to gradually buy the dip~
The money in the market can never be fully earned, but losses can be played with!
If you haven't experienced a full bull-bear cycle,
You might not realize how spectacular the bear market from 2021.11—2022.11 was~
BTC

Disclaimer: This article represents only the personal views of the author and does not represent the position and views of this platform. This article is for information sharing only and does not constitute any investment advice to anyone. Any disputes between users and authors are unrelated to this platform. If the articles or images on the webpage involve infringement, please provide relevant proof of rights and identity documents and send an email to support@aicoin.com. The relevant staff of this platform will conduct an investigation.