Don't rush in during a sharp drop followed by a slow rise; a slow drop followed by a sharp rise is the real opportunity.
In that month of gradual decline in 2020, UNI slid from $8 all the way down to $2.5, while everyone around me was cutting losses, I kept buying in batches, and finally sold at $40;
On the contrary, after a single day of doubling and then a massive sell-off, that’s when it’s time to run, after all, the dealer never gives a heads-up before flipping the table.
There's something hidden in the trading volume. When Dogecoin was trending in 2021, Twitter was off the charts, but the on-chain trading volume kept dropping for a whole week. I decisively liquidated my position, and sure enough, three days later the price was cut in half.
The peak of a bull market is never when everyone knows about it, but rather the moment when new faces are flaunting profits while trading volume quietly shrinks.
In a bear market, a single-day surge of over 30% is all a trap; the real bottom is forged through grinding.