Actually, the current cryptocurrency market is in an elephant stage.
Consolidation time is insufficient, and the volatility cycle is not enough. But the panic index has dropped to 5, the absolute historical low. The coin accumulation index is increasing. So, the reshuffling at this stage will inevitably be like an elephant trampling. However, I think many people will choose to start building positions. Emotion is always the biggest stumbling block in trading. It's not ruled out that many people pretend to understand trading, only to deceive themselves into thinking they can trade.
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Actually, the current cryptocurrency market is in an elephant stage.
Consolidation time is insufficient, and the volatility cycle is not enough.
But the panic index has dropped to 5, the absolute historical low.
The coin accumulation index is increasing.
So, the reshuffling at this stage will inevitably be like an elephant trampling.
However, I think many people will choose to start building positions.
Emotion is always the biggest stumbling block in trading.
It's not ruled out that many people pretend to understand trading, only to deceive themselves into thinking they can trade.