$BTC From the time frames of 1Year, 1Month, and 1Week, the primary trend is clear: Bullish. What happens with the drop from 110k to 74k? Well, it is within the main bullish trend; it is a secondary bearish trend. So we can say that the rebound on the trend line is a secondary bullish trend. What happens if it rebounds from 111,970 USD to 100k or 90k? Well, it is a tertiary bearish trend, which is within a secondary bullish trend, which is within a primary bullish trend. I know it sounds a bit confusing, but it is essential that we understand the difference between these 3 types of trends. The primary trend develops over a time span of 1 year or more; I read that a primary trend can last up to 99 years even. These trends are seen in the time frames of 1 year, 1 month, or 1 week; they tell you where Bitcoin is headed. The secondary trend occurs over a span of 6 months to weeks; it is a correction of the primary trend, clearly seen in the time frames of 1Week, 1Day, and 12h, a good point to adjust strategies. The tertiary trend lasts days or a couple of weeks; it is a short-term correction within a secondary trend; it is the trend that those who do scalping need to have very clear. We are in a primary bullish trend, with a secondary bullish trend seeking a new high, and in a tertiary bearish trend looking for a small correction before new highs, but it manages to eliminate all premature longs and generate FOMO in those who ignore something as beautiful as a good technical analysis and fundamental analysis. As a consequence of these fear-driven individuals, the pullback can reach between 50 and 66%, but the norm would be 33%. The question is: What is better? A: Hold B: Get a better entry point C: Act out of FOMO?