Overbought Warning: Exercise Caution in Current Market Cycles

2 days ago

⚠️ 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! 📖