Looking at this round of BTC market, I always feel that something is off. A large buy order of 2.13 billion is sitting there, yet it can't support a decent upward trend, which already indicates a problem.
Originally, it was expected to fluctuate between 98,000 and 103,800, but what happened? The trapped sellers above couldn't wait that long. Before 98,000 even stabilized, some people already couldn't hold back and started to cut losses. Buying momentum has never kept up, and the market is wearing down investors' patience through repeated tug-of-war.
Trading has become increasingly cautious, but this caution has turned into an obsession— the more afraid you are, the more eager you are to act. This contradictory mindset torments traders. Sometimes, when reviewing the charts, I can find familiar patterns—those recognizable candlestick formations replay again. The routines of bottoms, tops, and sideways consolidations I’ve seen before seem to cycle repeatedly.
The most rational choice is to stay out of the market and wait, to completely distance oneself from this game. But how much freedom do traders really have? Often, there’s no choice but to keep opening positions and endure the market’s fluctuations. As I write this, my emotions finally settle a bit, and I observe the market again with extreme calmness.
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CryptoCross-TalkClub
· 1h ago
Laughing to death, 2.13 billion can't even move it, how heavy must it be, just like my account with no sensation
Afraid and want to act? Isn't this "fear of trouble, which makes trouble more likely to happen"? The ultimate paradox of retail investors
Waiting in an empty position sounds rational, but we all know deep down, being idle is more uncomfortable, isn't it?
Basically, it's being worn out in the tug-of-war between ourselves and the market. Emotional review can do nothing to calm us down
This routine has indeed been repeated, but we always think this time is different, and in the end, it's still the same trap
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ApeEscapeArtist
· 01-21 14:54
Spending 2.1 billion can't even move it, this is outrageous.
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ColdWalletGuardian
· 01-21 14:54
213 million can't even move it, this situation is indeed a bit stiff...
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MaticHoleFiller
· 01-21 14:53
2.13 billion can't be shaken, this is outrageous
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Degentleman
· 01-21 14:47
2.13 billion still can't hold up, what does that mean? Retail investors really need to wake up.
Mindset is such that the more you fear, the more you want to buy the dip. In the end, you're repeatedly getting cut.
Wait a minute, but whether the cyclical pattern can make money depends on which bottom you are copying.
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MidsommarWallet
· 01-21 14:42
21.3 billion buy orders can't hold the price up. What does that mean? It means someone is dumping the market, which is very typical.
Looking at this round of BTC market, I always feel that something is off. A large buy order of 2.13 billion is sitting there, yet it can't support a decent upward trend, which already indicates a problem.
Originally, it was expected to fluctuate between 98,000 and 103,800, but what happened? The trapped sellers above couldn't wait that long. Before 98,000 even stabilized, some people already couldn't hold back and started to cut losses. Buying momentum has never kept up, and the market is wearing down investors' patience through repeated tug-of-war.
Trading has become increasingly cautious, but this caution has turned into an obsession— the more afraid you are, the more eager you are to act. This contradictory mindset torments traders. Sometimes, when reviewing the charts, I can find familiar patterns—those recognizable candlestick formations replay again. The routines of bottoms, tops, and sideways consolidations I’ve seen before seem to cycle repeatedly.
The most rational choice is to stay out of the market and wait, to completely distance oneself from this game. But how much freedom do traders really have? Often, there’s no choice but to keep opening positions and endure the market’s fluctuations. As I write this, my emotions finally settle a bit, and I observe the market again with extreme calmness.