Don't treat a bullish trap as a lifeline! Bottom fishing = actively feeding the dogs of the market
Talking about 'bottom fishing' in a downtrend? Don't be foolish—what you see as the 'floor' is merely bait drawn by the main players: the 'low price' you just heavily invested in will soon be the starting point for a sell-off.
In a bear market, where is there any 'bottom'? There is only a pit that gets deeper and deeper. Entering the market to bottom fish now is not about being bold; it's about wagering real money on the hope that the main players will show mercy, a gamble that had no chance of winning from the start.
Take this advice: avoiding bottom fishing in a downtrend is the smart choice to preserve your capital. Friends who are stuck in bottom fishing should best not hold on
Don't know when to enter 🤔, bamboo leaf