One of the Biggest Mistakes Traders Make — And How to Avoid ItA common mistake many traders fall into is obsessing over lower timeframes like the 1-hour or even the 15-minute charts. They end up reacting emotionally to every single red or green candle—flipping their bias from bullish to bearish (and back again) multiple times a day. One red candle, and the bears start shouting “dump incoming!” One green candle, and the bulls scream “pump!”This kind of reactive trading is exactly how people lose their hard-earned money. They're jumping into trades at the worst possible times, not because of a well-thought-out strategy, but because they're caught up in short-term noise.So, what’s the right approach?The answer is simple: focus on what the higher timeframe (HTF) is telling you. Let the high timeframe trend be your guide, and then use that directional bias to frame your setups on the lower timeframes.Take a look at the attached images.The first shows what we often see—traders trying to look smart by calling price movements up, down, then up and down again, all within a single day or week.The second image reveals what’s really happening on the high timeframe: practically nothing. The market is consolidating, yet lower timeframe traders are acting like it’s a rollercoaster.Instead of constantly switching your bias based on every minor fluctuation in the 1-hour or 15-minute charts, learn to zoom out. If the high timeframe trend is bullish, stick with that bias until the structure actually changes. If it’s bearish, respect that trend—don’t fight it just because of a few green candles on the 15-minute chart.The key? Reduce the noise.Stop letting short-term price action cloud your judgment. Let the high timeframe trend anchor your bias, and only then refine your entries and exits using the lower timeframes
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🚨 China Shocks the Crypto World: Full Ban on Bitcoin, Ethereum, and Mining Sends Markets Crashing!
On May 31, 2025, China implemented a comprehensive ban on all cryptocurrency activities, including trading, mining, and individual ownership of digital assets such as Bitcoin (BTC) and Ethereum (ETH). This move extends previous restrictions and represents a significant escalation in China's efforts to centralize financial control and promote its state-backed digital currency, the digital yuan . 📉 Market Fallout — Immediate and Severe Bitcoin (BTC): Plummeted from approximately $111,000 to around $104,500, reflecting a sharp market reaction. $BTC
BTC 103,795.4 +0.45%
Ethereum (ETH): Experienced a significant drop, contributing to the overall market decline. $ETH
ETH 2,488.24 -1.09%
Altcoins: Cryptocurrencies like XRP, Solana, and Cardano also suffered substantial losses. $ALT
ALT 0.02648 +0.34%
Market Capitalization: The total crypto market cap fell by over 10% within 24 hours of the announcement . Liquidations: Over $750 million in long positions were liquidated as a result of the market downturn. ⚠️ Reasons Behind the Ban 1. Energy Consumption: Bitcoin mining's high energy usage conflicts with China's environmental goals . 2. Financial Control: The government aims to eliminate financial risks associated with decentralized cryptocurrencies . 3. Illegal Activities: Cryptocurrencies have been linked to illegal money flows, prompting stricter regulations . 4. Promotion of Digital Yuan: China is focusing on the adoption of its central bank digital currency (CBDC), leaving no room for competing digital assets . 🌍 Global Implications Investor Reaction: The ban triggered panic selling, particularly in Asian markets . Mining Impact: Bitcoin's hashrate temporarily dropped as Chinese miners ceased operations . Regulatory Ripple Effect: Other nations may consider tightening crypto regulations in response to China's stance . Increased Volatility: The market is expected to experience heightened volatility in the near term . 💬 Expert Opinions Market Correction: Some analysts view the downturn as a necessary correction in an overheated market . Adoption Concerns: Others worry that the ban could slow cryptocurrency adoption in Asia . Decentralization Advocates: Proponents argue that the ban underscores the importance of decentralized financial systems . This development marks one of the most significant policy shifts in the cryptocurrency landscape for 2025, with far-reaching consequences for global markets and regulatory approaches. #ChinaCryptoBan #BitcoinCrash #CryptoRegulation #EthereumDrop #DigitalYuan