BTC in a Sideways Movement: When the Market Froze, Psychology Starts to Fail
Honestly, this is one of the most difficult stages in the market - uncertainty without a clear direction. Bitcoin gets stuck between levels, giving false breakouts and immediately rolling back. It seems that something serious is about to happen, but in reality, nothing happens.
This kind of price movement often leads to emotional burnout of traders. Some start entering trades blindly, just to stay in the market. Others suffer a series of small losses, trying to guess the breakout. And some just close the charts, unable to cope with the silence.
The reality is that markets get tired too, especially after big moves. What we are seeing now with BTC is probably just a rebalancing phase. And that's okay. If there is no clear pattern, then this is not your trade.
For now, I am just watching, marking the boundaries of the range and waiting. For myself, I highlight the order block for 1D as zones of interest, I wait for a reaction from it and will look for a model to enter a position.
Any breakthrough, confirmed by volume and subsequent movement - that's when the next real movement will begin.
The main thing is not to waste energy in vain. Sideways movement is not eternal. After silence, movement always comes.
Honestly, this is one of the most difficult stages in the market - uncertainty without a clear direction. Bitcoin gets stuck between levels, giving false breakouts and immediately rolling back. It seems that something serious is about to happen, but in reality, nothing happens.
This kind of price movement often leads to emotional burnout of traders. Some start entering trades blindly, just to stay in the market. Others suffer a series of small losses, trying to guess the breakout. And some just close the charts, unable to cope with the silence.
The reality is that markets get tired too, especially after big moves. What we are seeing now with BTC is probably just a rebalancing phase. And that's okay. If there is no clear pattern, then this is not your trade.
For now, I am just watching, marking the boundaries of the range and waiting. For myself, I highlight the order block for 1D as zones of interest, I wait for a reaction from it and will look for a model to enter a position.
Any breakthrough, confirmed by volume and subsequent movement - that's when the next real movement will begin.
The main thing is not to waste energy in vain. Sideways movement is not eternal. After silence, movement always comes.
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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.