The mind quickly swings to extremes - it gets excited and starts imagining crazy upside levels when prices pump, and becomes fearful when there’s a correction.



The current phase is an edge case - it’s not the time to be excited or fearful, but rather to stay watchful.

BTC price action using one of my oscillators:
Red box: Prior breakdown level
Green box: Confirmation of the current uptrend
White box: Support zones during the uptrend
? = Neutral - it could turn out to be either another support zone (white box) or a breakdown level (red box)
BTC-1.12%
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