The market volatility in recent months has completely sobered up those who thought they could make a lot of money through short-term trading.
People who originally did short-term trading may have looked at the daily chart or the 4-hour chart, but the trend in the past few months has forced them to shorten the cycle and start looking at the 15-minute or 1-hour chart.
Why do they want to shorten the cycle? Because they are afraid that the market will fall before they sell and they will be trapped. In the past, people could hold on for a while when doing short-term trading, but now they sell immediately when the market rises a little.
Why has the market been volatile for four months? Why has the market not risen sharply, but also not fallen sharply despite so many good news?
In fact, this is all the main force guiding retail investors to form a specific thinking trap.
In this way, the main force makes retail investors believe that the market will fall if it rises a little, and they will lose money if they don't sell. Therefore, every time the market rises a little, retail investors are eager to sell.
Just like in a bear market, the main force will guide retail investors to form a bear market mentality, thinking that a rebound is just for a better decline. For example, in 2023, every time the price rises, retail investors think that a big drop is coming, but they end up watching Bitcoin rise from $15,487 to $70,000.
Now the main force is also cultivating a wrong mindset among retail investors, making them believe that they should sell when there is a rebound in the early stage of the bull market, and that they dare not hold on for a long time because they think that the market will not go up any further.
Only when most retail investors have formed this ultra-short-term thinking can the main force collect more chips and the bull market train can go lighter, faster and farther.
As to whether it is a bull market now, I firmly believe it.
The approval of Bitcoin and Ethereum ETFs means that the entire blockchain industry has been implemented. The crypto is no longer a niche circle, but a potential industry recognized internationally.
The approval of ETF is equivalent to traditional industries and stock markets directing traffic to the crypto, advertising, and attracting funds.
Another good news is that the Federal Reserve has cut interest rates. The interest rate hike cycle has ended and is now entering a rate cut cycle. The next rate cut is certain. The rate cut is a long-term positive for the entire financial market.
Simply put, interest rate hikes are a bear market, and interest rate cuts are a bull market. This is the cyclical law of the financial industry.
However, many people are confused by the main forces because of the short-term trend, and always think that there is no market if there is no price increase after the good news comes out.
In fact, if prices go up when good news comes out and go down when bad news comes out, then why do we need professionals? Anyone who listens to the news can make money.
Therefore, as long as you believe in the rules and see through the nature of the financial market, you should ignore the traps set by the main players.
The bull market is actually from point A to point B. For example, in the last bull market, the lowest price of Bitcoin was $3,500 and the highest price was $69,000. As long as you grasp the process from A to B, you can make money. However, most people make wrong choices because of the fluctuations during the period and their mentality is affected by the rise and fall.
Finally, I would like to leave you with a sentence: "There is no shortage of smart people in the financial market, but only wise people can achieve long-term profits."
Finally, there are still many things that are not written down, such as specific opportunities and specific decisions. These things are often not something that can be summarized in one article.
If you want to know more about the secret of wealth or have any questions, please follow the official account: Crypto Conan
