Hello Monstralians,
The chart highlights three distinct patterns that reveal common emotional responses among traders and investors. A clear parallel can be drawn between these patterns and the behavior marked by the Greed and Fear Index, which shows similar levels of sentiment across the board.
Currently, there's a noticeable sense of boredom and lack of motivation for investment in the market. Long-term investments are dwindling as participants increasingly question the credibility of the crypto market. This growing skepticism is also leading to a loss of hope in altcoins.
Some traders, facing small losses, are selling off their assets in anticipation of even lower prices. Meanwhile, others are turning to futures trading with high leverage, hoping to profit from the market's low volatility. However, this range-bound market is causing many traders to make significant mistakes, often neglecting proper money management practices in the process.
Despite all the negativity , the TA tells me that this is a bullish pattern and the target is 80k.
The chart highlights three distinct patterns that reveal common emotional responses among traders and investors. A clear parallel can be drawn between these patterns and the behavior marked by the Greed and Fear Index, which shows similar levels of sentiment across the board.
Currently, there's a noticeable sense of boredom and lack of motivation for investment in the market. Long-term investments are dwindling as participants increasingly question the credibility of the crypto market. This growing skepticism is also leading to a loss of hope in altcoins.
Some traders, facing small losses, are selling off their assets in anticipation of even lower prices. Meanwhile, others are turning to futures trading with high leverage, hoping to profit from the market's low volatility. However, this range-bound market is causing many traders to make significant mistakes, often neglecting proper money management practices in the process.
Despite all the negativity , the TA tells me that this is a bullish pattern and the target is 80k.
Nota
Target still at 80k.Dagangan aktif
As explained in the chart the pattern of 2024 was an emotional manipulation patternThe target still at 80k.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.