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Bitcoin's Big Reversal: Bear Market Bounce or the Start of a New Trend?

Bitcoin's Big Reversal: Bear Market Bounce or the Start of a New Trend?




With offline learning wrapped up, we're back to our regular daily updates. During our offline sessions, Bitcoin and Ethereum put on a stellar performance, once again proving the old adage: one big green candle, and the crowd comes running.



I've noticed that over the past few days, mainstream media and well-known figures—those who were staunchly bearish and predicting further drops—have suddenly flipped their stance, declaring "the bull market is here."



At this point, I wonder what everyone is thinking?



Have you ever stopped to consider that those who were calling for a bear market just days ago are now, because of one big green candle, shouting bull market? Is the shift between bull and bear really that arbitrary? Or is it simply a case of shouting "bear" when prices fall and "bull" when they rise?



Why bother thinking this through? Because opinions don't really matter.



What matters is the decisions you make based on those opinions—whether it's selling at a loss or missing the rally. Those are real costs you pay out of pocket.



Opinions can flip in a second, but can your account withstand the back-and-forth whiplash?



Our view at Sancai has been clear all along: this bull market isn't over yet. As we warned earlier, the drop had already bottomed out by February, and the trend had reversed. Will Bitcoin see further big declines? A new trend is on the horizon.



A trend reversal doesn't mean an immediate surge; it can consolidate first. That's why in May, June, July, and August, I kept emphasizing that with the trend reversed, don't expect major drops—the bull market will continue.



Now, many friends might be starting to get it...



But a little understanding isn't enough. Investing isn't a simulation, and life doesn't offer multiple bull markets for you to learn from trial and error.



Many of you have already made plenty of mistakes before this bull run. If you keep making more, you'll lose the capital needed to stay in the market altogether.






For more discussion: yyhen3366