This wave of market conditions indeed tests patience. Moving stop-losses easily get washed out, and the profits that were hard-earned also shrink accordingly. To be honest, this round of rally is driven by a few funds, but the upward surge is strong enough — Bitcoin alone has gained seven to eight thousand points this week, and Ethereum has also followed with a three to four hundred increase. The key is that during the pullback, the decline wasn't too severe, and it gradually and slowly ground down, indicating that the market still has confidence. Strangely, there haven't been many positive news, and the US stock market isn't showing much momentum, yet the market remains strong — this is mostly supported by genuine demand. So rather than chasing highs, it's better to lie low during each small dip; there's a high probability of catching the next substantial increase.
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NFTregretter
· 01-15 14:01
Moving stop-loss got washed out until numb, watching profits shrink in disbelief... By the way, how come the confidence is still so strong? No positive news, yet it can maintain its strength. Feels like some big players are secretly supporting it.
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AirdropHunter007
· 01-15 13:58
Getting washed out to the point of mental breakdown, earning and then losing it all, it's really unbelievable.
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SeasonedInvestor
· 01-15 13:56
Oh my, this wave really can shake people out. As soon as I set a stop-loss, it gets swept. So frustrating.
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rugdoc.eth
· 01-15 13:42
Was shaken out a bit confused... feels like chasing the high is just giving away, better to wait for a pullback and then get on board safely.
This wave of market conditions indeed tests patience. Moving stop-losses easily get washed out, and the profits that were hard-earned also shrink accordingly. To be honest, this round of rally is driven by a few funds, but the upward surge is strong enough — Bitcoin alone has gained seven to eight thousand points this week, and Ethereum has also followed with a three to four hundred increase. The key is that during the pullback, the decline wasn't too severe, and it gradually and slowly ground down, indicating that the market still has confidence. Strangely, there haven't been many positive news, and the US stock market isn't showing much momentum, yet the market remains strong — this is mostly supported by genuine demand. So rather than chasing highs, it's better to lie low during each small dip; there's a high probability of catching the next substantial increase.