This week in the American cryptocurrency market, many traders fell into common traps during Bitcoin's price volatility 🪙.
One of the main ❌ mistakes was overtrading during the release of consumer price index data, ignoring risk management in high-leverage positions. Some panicked at slight declines, ignoring the trend.
📊The biggest bullish. While others chased the highs without proper technical analysis, leading to weak entries. Smart trading requires patience, discipline, and awareness of major economic news, such as Federal Reserve signals.