I've seen quite a few interesting phenomena in the past two days.
Some time ago, those who shouted that Bitcoin would drop to 70,000 or even 60,000, some got liquidated, some missed the opportunity. Just when the market finally took a breather, these people started busy "reviewing" and "analyzing" again. Looking closely at their logic, there's almost no difference.
They all focus obsessively on the daily chart. Comparing this week with last week, yesterday with the day before. Breaking down each candlestick and calculating emotions one grid at a time. On the surface, they seem incredibly professional, but in reality?
That's the problem. Mid-term, cycles, and big trends are never built solely on daily candles. Daily charts can at most explain short-term fluctuations. As for the overall direction? They are powerless. If you look at noise with a magnifying glass, the more carefully you examine, the faster you lose your sense of direction.
The true cycle operation logic doesn't care about "how much this candle dropped," nor does it change its stance because of one or two daily candles. There is a repeatedly validated phenomenon in the crypto world: those who study daily charts every day often make the biggest mistakes at critical points. People led by daily charts ultimately can't escape the same fate—initially bearish in the trend, repeatedly getting caught in profit-taking during the main upward phase.
The essence of mid-term trading is, frankly, an anti-daily chart intuition. When the daily chart signals fear, the cycle often opens up opportunities. When the daily chart makes you confident, the cycle is actually already entering a risk alert zone. Understanding this is more effective than any candlestick trick.
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AllInAlice
· 01-03 11:52
In plain terms, there are too many people being chopped up by the daily chart, really should look at the cycle.
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CoinBasedThinking
· 01-03 11:38
The daily chart magnifier reveals it's all self-deception in the end, and that's true.
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MultiSigFailMaster
· 01-03 11:38
That's so true. Those people who constantly watch the daily chart really deserve to miss out.
Damn, you're starting to review again. Haven't you learned yet?
In the face of cycles, the daily chart is just trash. The clearer you see it, the easier it is to gg.
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DuckFluff
· 01-03 11:33
Honestly, it's the same old story. No matter how detailed the daily chart is, it's useless.
The people who watch the market every day, why can't they learn?
In the face of cycles, daily K-lines are nothing, really.
Who's going to get cut this time?
Contrary operations often make the most money, what a irony.
How many people's money has the daily chart fooled? I can't count them all.
I've seen quite a few interesting phenomena in the past two days.
Some time ago, those who shouted that Bitcoin would drop to 70,000 or even 60,000, some got liquidated, some missed the opportunity. Just when the market finally took a breather, these people started busy "reviewing" and "analyzing" again. Looking closely at their logic, there's almost no difference.
They all focus obsessively on the daily chart. Comparing this week with last week, yesterday with the day before. Breaking down each candlestick and calculating emotions one grid at a time. On the surface, they seem incredibly professional, but in reality?
That's the problem. Mid-term, cycles, and big trends are never built solely on daily candles. Daily charts can at most explain short-term fluctuations. As for the overall direction? They are powerless. If you look at noise with a magnifying glass, the more carefully you examine, the faster you lose your sense of direction.
The true cycle operation logic doesn't care about "how much this candle dropped," nor does it change its stance because of one or two daily candles. There is a repeatedly validated phenomenon in the crypto world: those who study daily charts every day often make the biggest mistakes at critical points. People led by daily charts ultimately can't escape the same fate—initially bearish in the trend, repeatedly getting caught in profit-taking during the main upward phase.
The essence of mid-term trading is, frankly, an anti-daily chart intuition. When the daily chart signals fear, the cycle often opens up opportunities. When the daily chart makes you confident, the cycle is actually already entering a risk alert zone. Understanding this is more effective than any candlestick trick.