In trading, the most important thing is not whether you are in a bull market or a bear market, but to distinguish which market conditions are easy to profit from and which are not; In a bear market, everyone loses money, and the losses are quite similar; while in a bull market, some people make huge profits, and others suffer significant losses; The pace of a bear market is relatively slow, with low liquidity, and any hotspots are rarely captured by most; whereas the noise of a bull market amplifies emotions and distractions countless times, which is the root of losing money; In wave theory, the upward impulse wave consists of waves 1, 2, 3, 4, and 5, where the roles of waves 2 and 4 are to ensure that those who made money in waves 1 and 3 give their money back, while wave 5 serves to reward a small number of survivors and trap most ordinary people. Just like the market conditions these past few days, the overall trend of Bitcoin is good, the bull market (upward trend) hasn't deteriorated, but looking at the difficulty of this market? Are you making money or losing money?
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