I’m observing the current situation in the BTC market and want to share a brief reflection. The latest upward impulse doesn’t just look confident—it’s starting to resemble overheating.
The price has detached from its averages, and the movement is accompanied by local euphoria. I see the community piling in “at the highs,” hoping for continuation. But it’s crucial to understand: markets don’t grow forever. Especially when the growth lacks proportional volume and fundamental support.
I use a comprehensive technical approach, and one of my indicators has given a clear signal—the market is overheated. We’re currently seeing a classic state of overbought conditions: the price is moving too far, too fast.
This doesn’t mean you should immediately short or panic. But as a trader, I understand that in such a phase, it’s wiser to:
– Partially take profits,
– Move stops closer to the market,
– And absolutely avoid entering new longs on emotions.
Typically, after such surges, the market either consolidates or corrects by 10–20% to shake off the overheating and provide an opportunity to enter at fairer levels. Personally, I’m waiting for a return to balance and a reset. I don’t rule out a final “explosive” move upward on news, but such breakouts usually end as quickly as they begin.
The price has detached from its averages, and the movement is accompanied by local euphoria. I see the community piling in “at the highs,” hoping for continuation. But it’s crucial to understand: markets don’t grow forever. Especially when the growth lacks proportional volume and fundamental support.
I use a comprehensive technical approach, and one of my indicators has given a clear signal—the market is overheated. We’re currently seeing a classic state of overbought conditions: the price is moving too far, too fast.
This doesn’t mean you should immediately short or panic. But as a trader, I understand that in such a phase, it’s wiser to:
– Partially take profits,
– Move stops closer to the market,
– And absolutely avoid entering new longs on emotions.
Typically, after such surges, the market either consolidates or corrects by 10–20% to shake off the overheating and provide an opportunity to enter at fairer levels. Personally, I’m waiting for a return to balance and a reset. I don’t rule out a final “explosive” move upward on news, but such breakouts usually end as quickly as they begin.
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🟣Forum on trading interests: t.me/CV_pro_forum
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🟣Telegram: t.me/Crypto_Vision_Pro
🟣Forum on trading interests: t.me/CV_pro_forum
🟣Forum on trading interests: t.me/CV_pro_forum
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.