Deep and deep .

Everyone wants to buy everything at a low price, especially those who are investors. Those who involved with such investing may have heard at least once that "buy in deep, buy in deep" and when the big decline in the market starts, the big buyers slowly start taking their entries. That's why basically whenever the market gives a dump then the market immediately starts giving a pump as well . And the main reason for that is that the lower the market goes, the more people are ready to buy and the less selling pressure .

This is the real picture but we saw it happen with Bitcoin some days ago. When the market reached 15k, it started to pump within a few days and pumped to 25k within a few days, and the pump was really hopeless for many. This pump even liquidated many people's short positions. And according to 1 report, about 99% of people's short positions are liquidated within 1 hour. However, looking at the condition of the market for the last 2 days, it seems that the market is preparing for another big fall. Especially the volume of this market is huge. That's why I'm is afraid. With so much volume, it's hard to say where the market is going down .

Now how do you know which one is deep? In fact, no one can say for sure which one is really deep. The thing is that the market has not reached this range in the last 2 years, so there is a little confusion in the market regarding support resistance. Most of the time support doesn't work so much. So in my personal opinion do not trade until the trendline breaks. And this is the best formula for me. Because by this it is possible to take correct entry in the market.

My post today was just to understand the market condition. Especially now that the situation in the market, in my opinion it is better not to take trade. Because it is difficult to say what will happen in this volatile market. And there are many people who are looking for the deep of the market to buy, I think they should wait for a few more days so that we can understand the real direction of the market.