Short or Long? Navigating the Market After the Recent Bounce. Will $BTC Crash Again? đ¤Ż
The recent market dip was severe, yet key altcoins rebounded alongside $BTC leading to create speculation about a potential bull run đ. However, this recovery lacks strong confirmation, and many traders are entering due to FOMO (Fear Of Missing Out) rather than solid analysis.đ§
Despite some profiting from the correction, this rally may not be sustainable. Bitcoin remains in a volatile range, with macroeconomic uncertainties and resistance levels still untested. A potential retracement is possible, making aggressive longs risky.
To trade wisely:
⢠Wait for a confirmed breakout beyond key resistance levels.
⢠Avoid emotional trading; whales often manipulate FOMO-driven markets.
⢠Protect profits with stop-losses and monitor global financial trends.
Patience is crucial. A true bull run requires sustained momentum, not speculation.
đŹ Whatâs your take? Are we in a bull market or a trap? Letâs discuss.
