$BTC whales or leeks, both parties are funny af. They started selling from 82 and drop the price to 74 and suddenly now everyone wants to buy at 95. LOL
Traders often fall into the trap of assuming that after 5–6 consecutive red or green candles, the market has to reverse — like, “It’s dropped enough, it should go up now,” or “It’s pumped too much, a dump is coming.”
This kind of thinking can be dangerous. The market doesn’t follow your logic — just because a chart looks oversold or overbought doesn’t mean a reversal is guaranteed. Take OM as a recent example — it dropped nearly 90% without any meaningful bounce. Imagine trying to catch that just because it had already fallen a lot.
Instead of reacting emotionally to candles, wait for solid confirmation. A trade should always be backed by a proper reason — whether it’s a key support/resistance level, supply/demand zone, or a clear market structure (like fakeouts or breakouts).
Candlestick patterns are helpful but dont open trades just by watching candles.
Be patient, wait for a strong setup. Don’t chase the market. Let the trade come to you.