2025.3.16.
Happy weekend, traders!
After a day of fluctuations for Bitcoin yesterday, it closed around 84290, forming a reversal signal with the bullish candlestick from the day before! The market today will be volatile, and short-term trades can refer to the 4-hour chart to find ranges for trading!
For those engaged in intraday short-term trading, it should be noted that the various cycles influence and restrain each other! The conversion and addition or subtraction of momentum between cycles will be expressed through support and resistance! Therefore, with short-term trading, the cycles are short, profits are relatively small, and flexibility is high! The small trends in the corresponding small cycles are easily altered, so it is essential to maintain positions to ensure profits while also promptly judging whether the trend is about to reverse? This becomes the challenge in short-term trading! Understanding candlesticks and momentum, as well as the trading varieties and the methods of market makers, is crucial for making timely and accurate judgments!
As a result, short-term trading is quite challenging, and very few achieve great success!
Additionally, there is a saying in the industry that long-term adherence to small cycle trading will lead traders to form a habit of seeking short-term profits, making them less patient in waiting for a significant market movement! It may even create a mindset of 'focusing on the small and forgetting the big', losing the overall perspective on things! #比特币反弹