$RAY once again proves that ray is strong and remains strong!
To my friends in the cryptocurrency circle, using ray's line chart as an example, I hope the two points below will help you gain further insight,
1. Rapid increase and slow decrease indicates accumulation. A quick rise but a slow fall indicates that the market makers are accumulating shares, preparing for the next round of increase.
2. Rapid decrease and slow increase indicates distribution. A quick drop but a slow rise means that the market makers are gradually selling off, and the market is about to enter a downward cycle.
Let's continue discussing BTC, on how to invest fully?
Previously at 73000 spot, I sold half. During these days when BTC was falling, many people mentioned that this news caused the drop while that news caused the rebound. These are just excuses. Friends are thinking about whether to wait for a rebound to make up for losses, or even continuously adding positions. I confidently tell you, don't overthink it. The previous market maker style has changed. I still firmly believe that BTC's current drop will reach around 63000-65000, and when that time comes, it will be my time to buy the dip with all my holdings, leaving not a single U! The approach is a bit aggressive, for reference only!
Many people, even if they have been in the cryptocurrency circle for quite a while, still think they need to operate every day and make money every day. This is actually a worker's mindset. Investing in the cryptocurrency circle requires planning and layout; it's about making money from a trend. Most of the time spent on investments is waiting, and the actual time for operations is not much. Do you agree?