Post
Topic
Board Trading Discussion
Re: The market is confusing
by
horrifiedx1
on 26/05/2022, 13:30:14 UTC
I think, those that understood how crypto market move will know that we are in bearish season where both long term traders and short term traders continue holding till bullish season appear in the market before they can sell to make a passive income. Don't forget that crypto market price is unpredictable which it can pump for people to  sell at the moment to make a good profit and it can also dump for people to use the opportunity to buy and hold for the price to move higher before they can sell to make a good profit. Don't be confused about the bear market because the price is preparing to increase higher for people to smile again in the market.
I take the example for the current market, when the candles are ranging and I think the price is already very low, on the other hand the price has touched a strong support area so with full confidence the bear season will end soon, but in fact the price is currently in the $28k range , of course this broke my belief, will the price go down again, and look for support below it again, maybe I should learn more