Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Many people become overly anxious when they see Bitcoin's recent pullback, but there's really no need to. This correction is limited in scope and essentially serves to build momentum for the subsequent rally.
Trading, in essence, is a battle with oneself rather than against the market. The market is always moving, and the only certainty is that it will never stop changing. Various technical indicators and analysis frameworks can at best help you summarize what has happened in the past; their usefulness for predicting future movements is limited. However, from a cyclical perspective, the market does follow the law that extremes tend to reverse.
Looking back at the recent two months' trend, it’s clear: Bitcoin has been oscillating at the bottom, which is a typical sign of strong support levels. During this phase, institutions are both shaking out and accumulating, clearing out retail investors while positioning themselves. Once a breakout occurs, the previously tight resistance level turns into new support. Every pullback now is essentially a window to re-enter the market.
From the perspective of the long-short ratio, the current risk-reward profile for going long is the most favorable. In terms of specific strategies, dollar-cost averaging into spot holdings is a good approach, more efficient than grid trading. For futures, you can enter gradually at low points, leaving enough room for error, rather than chasing maximum profits—this is the trading philosophy that can sustain you in the long run.