š No need to rush, in my view.
After a move this big, markets usually need time to breathe.
š” Uptrends: People FOMO in after a massive move and often get chopped ā even if the market eventually keeps climbing.
š” Downtrends: Even if the bottom is already in, traders can still get whipsawed by time-based capitulation.
Sharp, instant reversals after a move like this? Rarely happen.
The smart play: let the market show more price action, react accordingly, have a clear plan with invalidation points, and take it slow. Patience is often the edge.
