$BTC Trading is essentially a business of price action.
Many people fail to visualize this.
We are often swept away by price fluctuations—such as a sharp dump candle or a vertical pump candle—and that is usually followed by uncontrolled FOMO entries.
Very few people realize that regardless of whether price is at a high or a low, trading activity continues to take place normally.
The market’s price path needs time to form, depending on each different timeframe.
However, they all share one fundamental common point: waiting.
We must wait for price action to develop (a structure formed by many candles), creating support and resistance zones. Only when price moves into the right “position” or setup can a trade be executed.
Doing business with price action—trading based on the greed, fear, and hope of the crowd—is the true nature of financial markets.
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