Remind yourself again!

Make sure to distinguish clearly whether it is a [rebound] or a [breakthrough].

This is a very critical question, as it determines the direction of the trade.
The direction is wrong, all efforts are in vain.

A rebound is when the price bounces off a low point, encounters resistance at a pressure level, and the volume is low.
A breakout occurs when the price reaches a resistance level and breaks through it while maintaining a large volume.

Today I made this mistake again, judged the direction wrong, closed the short position and turned it into a long position, resulting in a profit drawdown.

To put it simply, it's still a lack of courage; the fear sets in when profits pull back.
Delusion of analyzing technical indicators from altcoins.

However, the depth of the market is insufficient, and the actions of a single trader can impact the entire market.

Perhaps it can be referenced in the short term, but when you extend the time to twenty or thirty minutes, everything is different.

Before changing operations, be sure to confirm whether your logic is valid.

At the same time, accept the possibility of everything happening.

The market is never wrong.