Listen up, I've already figured out the tricks of those old foxes in the crypto world!
What do they mean by "high-level sideways must drop"? Nonsense! How many times have institutions violently pushed prices up after a period of sideways movement recently? After a few repetitions, even fools believe the story that "as long as it doesn't move up, it's gathering strength for a new high"—this is simply a tale spun by the market makers!
The news is their weapon of choice:
When prices are on the floor, bad news explodes daily, scaring you into not daring to buy at the bottom;
As soon as prices hit a high point, good news starts pouring in, and the market makers know that the small investors' money isn't enough to fill the gaps, yet they still force you to stand guard at high positions. Why?
To make you take over their selling pressure and conveniently transfer the bloody chips to you;
Bad news at the bottom is meant to stop you from picking up bargains, forcing you to be the fuel when prices go up.
Don't be delusional!
Do you think news affects the market? It's not a technical issue at all; it's the market makers playing you! They deliberately create "bottom panic" and "top euphoria," making 99% of people go in the wrong direction. You lose money not because you misunderstood, but because the market makers calculated that you would be led by the news—where does the money come from? It's all from the opposing positions cutting losses!
Remember three sentences:
1. The market doesn't create money; your profit can only come from others losing money;
2. Don't ask "why does it rise/fall"; ask more often "what do the market makers want me to do";
3. If your win rate is below 60% and your risk-reward ratio isn't 1:2, don't play both sides!
Finally, a harsh truth:
Those who always think "this time is different" will eventually be cut by the same set of tricks by the market makers multiple times. Do you really think you can win? First, prove that you can withstand the dirty tricks from the market makers while stubbornly holding long positions, and that you can calmly liquidate when good news bombards you—can't do it? Then it's better for you to be a vegetable.
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