Brothers, the market hasn't stabilized yet, currently Ethereum is fluctuating between 1750 and 1830.
A single order exceeding the range, going short when the market is bullish, some people believe that it shouldn't be shorted in a bull market, but brothers, have you really made money by going long?
Discussing trends without considering the cycles is misleading, and the candlestick chart shouldn't be viewed in isolation; just like how I look at it, I start from the monthly chart, then the weekly, daily, four-hour, one-hour, and fifteen-minute charts.
Sometimes the fifteen-minute chart may show a reversal signal, but the one-hour chart is still in an upward trend.
The divergence of trends between these cycles must be taken seriously. In such cases, you must think about how long you plan to hold the position before opening it, and where your take profit and stop loss levels are.
This situation can easily lead to inner conflict, creating a mindset of believing the larger cycle is correct while disregarding the smaller cycle's reversal, leading to holding onto losing positions.
The above is my own experience analysis; if you think I'm right, feel free to follow me and check my homepage. Of course, if some brothers don't like to watch, that's fine too, just don't come to criticize me. My original intention is still to help brothers make money.
