Should I go long or short at this stage? My advice is not to rush into any action. Our current position is right in the middle of the downtrend, at the key level of 0.158. If you wanted to short, you should have done it already. It's a bit late to short now.
But then the question arises—if the price rises to 0.158 or higher, can I still short? That depends on how the subsequent trend develops. Once the trend is confirmed, things change. That 0.158 and the current 0.158 are essentially no longer the same. Many people tend to make mistakes here, failing to understand the concepts of volume-price transformation and time-space transformation. The market is changing, the background is changing, and your trading logic must change accordingly. Don't look at the current price levels with past perspectives.
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DaoTherapy
· 12-27 05:48
This analysis is excellent. The conversion of volume, price, time, and space has indeed been overlooked by many.
Really, trading at the same price level on different timeframes is fundamentally different.
Just wait and stay patient; not trading is the best strategy.
Those who shorted early have already made profits. Now following the trend again would just be catching a falling knife.
The logic has changed, and the market has shifted. Many people are stuck because they haven't adjusted their thinking.
When it was short at 0.158, it was different from shorting at 0.158 now; the nature is completely different.
I agree with your point. Don't be fooled by short-term fluctuations.
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ETHReserveBank
· 12-27 05:40
Waiting for the rebound, let's see. Don't follow the trend and mess around blindly.
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CoconutWaterBoy
· 12-27 05:35
Wait a minute, your theory sounds plausible, but upon closer inspection, it still feels a bit vague. I've heard of volume-price conversion, but when it comes to actual trading, how do you determine the right point... who can accurately pinpoint this level...
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GasFeeSurvivor
· 12-27 05:33
It makes some sense, but basically don't be greedy. Observe the trend carefully before taking action.
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BTCRetirementFund
· 12-27 05:21
That's right, but many people are stubborn and insist on using yesterday's map to find today's way.
Should I go long or short at this stage? My advice is not to rush into any action. Our current position is right in the middle of the downtrend, at the key level of 0.158. If you wanted to short, you should have done it already. It's a bit late to short now.
But then the question arises—if the price rises to 0.158 or higher, can I still short? That depends on how the subsequent trend develops. Once the trend is confirmed, things change. That 0.158 and the current 0.158 are essentially no longer the same. Many people tend to make mistakes here, failing to understand the concepts of volume-price transformation and time-space transformation. The market is changing, the background is changing, and your trading logic must change accordingly. Don't look at the current price levels with past perspectives.