After many years in the crypto world, I have summarized 5 short-term trading insights! Understanding them makes it easy to grasp the market rhythm!
1. Consolidation market: Be patient and wait for signals, don't be reckless.

When the coin price fluctuates at a high or low level, don't rush to take action! Consolidation at a high often hides opportunities for a breakthrough to new highs, while lingering at a low may brew a new round of declines. Like a hunter, lie in wait and decisively strike only after the market shows a clear direction.

2. Sideways phase: Keep your hands to yourself, cas

US GDP : US GDP WILL COME TODAY, FORECAST -0.2%
If GDP number come bad, market can give a short term correction.
Even- 0.2%, confirming two quarters of contraction. This meets the technical definition of a recession.
🏛 Expect Fed pivot narrative to grow louder. Expectation of rate cut and QE will increase.
Note: market can drop on Good GDP too in short term as market expect delay in rate cut. So don't confuse with short term volatility.
Technically US economy in recession but it called soft landing. Expectation of rate cut will pump market in mid term.

I wanna thank me for all the hard work I put into shaping my jawline.