⚠️ Overbought Warning: Exercise Caution in Current Market Cycles ⚠️
Bitcoin and many altcoins are significantly overbought in their respective cycles. 🚨 Caution is strongly advised. Avoid jumping into investments late in the 1-week cycle. Instead, wait for the cycle to dip below 20 before considering an entry. 📉
🧠 Quick Recap: How to Use the Cycle Signals - ✅ Green Zone = Potential Buy Signal - 🚫 Red Zone = Potential Sell Signal
We’ve been in the red zone for a considerable amount of time now, signaling heightened risk. A retracement appears likely, so patience is key!
⏳ The Danger of FOMO It’s tempting to trade when: - The market moves 24/7 🌐 - Influencers flaunt their PnL cards 📊 - News and activity are constant. 📢
But jumping into an overheated market can lead to losses, not gains.
✅ What to Do Instead: - Don’t chase the hype. - Missed a 10-15% gain? No problem! Compare that to the profits from buying in the green zone and selling in the red—you’ll make far more with less risk.
🔑 Stay Smart, Stay Patient Remember: **There’s nothing worse than watching your portfolio bleed daily.** Avoid the stress by simply waiting for better cycle opportunities. 💡
This is not financial advice. Always do your own research! 📖