The current market situation is very unpredictable. Nobody can tell what would happen next. In my opinion, when you are dealing with crypto, you have to take some risk to gain high profits.
Not that much complicated but traders are having a great time in the current market conditions of Bitcoin after the price movement. The focus of traders is to sell their coins after a 1k dollar increase and they are doing so making profit but some traders are not doing that way. They are holding their coins to let the market shifts into a complete bull run as well as they are also looking to buy some more coins.
The best way to really earn much now is to trade, holding is not bad, but once we decide to be an holder, we should then not join the group of people who are always worried about the price of bitcoin dropping or not because bitcoin is already in uptrend and it will surely one day set another new all-time high that will be far greater than the previous one.
For traders, it is not so difficult to really make profit now, we just have to learn to study how bitcoin behaves at every point, for now, its obvious that bitcoin cannot go below $7k again, and since it shuffles between $7k and $8k, we should always plan to enter at $7k and the sell at $8k which will be giving is that $1k profit each time we do this.