Bitcoin Volume Surge and Sideways Movement: Change is Imminent, Are You Ready?
Recently, Bitcoin has retreated after testing the $100,000 mark, accompanied by significant trading volume. What does this mean? It's time to reflect! The 'dog庄' (market manipulators) seem to have ended their vacation, and they may be preparing for a new round of positioning and harvesting. If you are not clearly aware of this, being harvested will be an expected outcome. Regardless, at this moment, avoid heavy trading.
In this human-centered world, the situation is controlled by high-ranking individuals who influence the direction of human society. In the cryptocurrency space, it is also the institutions and big players behind the scenes driving market trends. Remember, they will not throw all their chips at once but will adopt a steady harvesting strategy, while most of us are the 'common people' in this game. In other words, if you do not have sharp insights into trading dynamics, watching the market will only trap you into being harvested.
The True Nature of Technical Indicators
During community sharing, I have never discussed technical indicators in detail. Not because they lack value, but because the final trading results are more likely to deviate from the predictions of technical indicators. The ultimate goal of trading is profit, and technical indicators can only provide you with about 90% of the opportunity; the key is to find that unique chance to achieve returns that cover both principal and profit.
All of this is actually a trading trap, and many people do not realize it. All technical indicators are analyses of past market trends. Although they may be somewhat helpful for ultra-short-term traders, most ultra-short-term traders ultimately find it hard to achieve satisfactory results. We often know the final outcome but still cannot resist the urge to speculate. Attempting to profit through luck is far from the correct trading path.
Bitcoin Market Outlook
Returning to Bitcoin's market, it is currently in a volume surge phase, but the trading price has not shown significant fluctuations. This means the market is undergoing frequent turnover, and the battle between buyers and sellers has reached a balanced state, which is a typical signal of a change. Once there is a noticeable gap in strength between the bulls and bears, combined with active trading volume, it will inevitably trigger significant market fluctuations.
