$BTC broke through the previous high but remains unusually calm, with no widespread chase for gains and an enormous trading volume; community sentiment is lukewarm, a rarity in recent years.
The divergence between price and volume is evident, with bulls not following up en masse, so beware of false breakout traps; the community not rising when it should may signal exhaustion of bullish strength; a double top structure has formed, and the effectiveness of the breakout remains to be observed: falling back to the previous high would confirm it, while stabilizing with increased volume would indicate new space.
For long-term positions, stick to being greedy and refrain from entering the market, only layout BTC/ETH during panic; the current high is not a long-term entry point; for short-term, light positions can be taken to try smaller coins like Pepe, Doge, etc., to catch up, with stop-losses set and close monitoring of BTC, as a correction over 10% poses liquidity risks for smaller coins.
The market has experienced a sharp decline, and I will prepare some suitable coins for bottom-fishing as part of a recovery plan; if you're feeling lost and helpless, follow me! Choice is greater than effort!
