In a bull market, price fluctuations and corrections are inevitable, even as the general trend moves upward. If you can secure a solid entry with favorable probabilities, it’s often worth the attempt—as long as the associated risk doesn’t disrupt your psychological balance.
During the previous bull market, we regularly witnessed pullbacks of -20% to -40%, which, although substantial, were part of the natural market cycle in crypto. Understanding this context helps manage expectations and prepare for similar retracements during the current bull phase.
The key strategy remains: take profits progressively as the price climbs—buy high and sell higher—while staying vigilant for signs of weakness on higher timeframes, such as weekly and monthly charts.
Ultimately, risk management and emotional discipline are your best tools for navigating this volatile yet rewarding environment. Stay focused, trust your plan, and don’t let emotions steer your decisions.