I'm starting to get pissed off. The market is in a rare situation of lack of volatility. The long positions are decreasing and the volume is ridiculous...
I am considering a return to the catacombs if this continues the same... maybe we have not finished seeing a proper capitulation...
At the moment I only enter SHORT, taking great care of the positions and the SL... at any moment the market can "erase" us from the board or, at least, this is my feeling nowadays...
Trade carefully.
Corrections are always there to test our patience and greed at the same time. Who knows well how to play with them, it always rewards them.
well, I am not bored at all. I think, it is amazing how it repeats the 2019 scenario. Partly based on that, I see chance you'll be bored in the next half year+
Even the timing is almost the same like in 2019. If now a half year correction comes, maybe even new low, I'll be very happy. More time to buy low before halving bull run in the next year, how it was in 2020. I really dont mind if it goes to 40-50k before correction or does it right now, at this level, both are good - of course not much for short term thinking.
try to focus for something else.
Don’t get me wrong, I will be happy too, I’m into Bitcoin since 2016 and I can imagine what’s coming next, however I’m a scalper as well and I like trading 😉
This boredom is intentional so that it washes out even the last pleb before continuing higher.
I know what you mean. My feeling ist we might see another sell-off over the summer (Bitcoin towards 19-25k) before we continue towards higher levels. 😏
Personally I think this bear market rally is played out. Now people will spend the little bit of money they have to go to the beach or whatever and late 2023 will be like late 2019. Another opportunity to stack.
The market has once again come back to the same place either from here it will go up and then it will go down the way we see it has been standing in the same place for how many days. At this time, whatever trade we will take, we must use stoploss, otherwise we will do a lot of damage.