THE TIME TO LOSE MONEY IS EASY, brothers in short remain calm, brothers in long be cautious. Avoid being trapped by FOMO psychological traps from disguised analysis articles, this happens a lot in November and December 2024.
Put yourself in the position of MM, what would you do? If it were me:
1. Provide a lot of good news in the market, optimistic assessments, the alt season is coming, BTC price could be 150k, 180k, just legitimizing the price push, playing with psychology to force short holders to close their positions (buy in), boosting FOMO psychology, luring new players..
2. Offload stock to balance with buying power to take profits causing the price to only increase or go sideways.
3. Once profit targets are reached, I will sell strong, causing the price to drop deep and buy back, starting a new investment cycle.
I write simply, but the essence is like that, in reality, the price drop is not immediate, it is not a deep drop in one day but could take 1 or 2 months.
I predict a deep drop because at this time there are not many new players entering the market, and there is not enough new capital to absorb the selling pressure.
You should remember that money does not just appear, you sell at the peak for profit, there must be buyers at the peak, otherwise, the market will collapse immediately.
Currently, the fear index is quite high (75). When prices rise, people often forget the basic lesson: buy when others are fearful - sell when people are greedy, buy when it's red - sell when it's green.
Brothers take note, this article is not investment advice, investment should be self-researched, take responsibility for your own money.
Brothers should argue based on knowledge, learn together, not out of spite.
