What is the basic operation of a "bear market"?

Don't chase the rally...

The market itself is extremely lacking in liquidity.
Don't rush in to chase longs just because you see a daily K-line with one or a few bullish candles.
If subsequent buying volume is insufficient, most of the time it will result in oscillating and declining back to previous levels...

This market condition is only suitable for high and low points at key positions and stages to buy low and sell high.
In a ranging market, operate with a mindset of oscillation, which is also more suitable for range traders.

Chasing the rally and selling on dips can be very deadly.
It's not the kind of quick liquidation from a single bet,
but the ongoing pain of opening orders, stopping losses, and continuous capital shrinkage.
It will also keep hitting your confidence...

Don't ask me how I know.
Feel it for yourself 🙃🙃🙃
#btc