Many novice traders like to watch candlestick charts for ups and downs, but seasoned traders who understand cycles have long shifted their focus to rainbow charts.
Currently, Bitcoin's rainbow chart is in the light green "steady growth" zone. This position may seem ordinary, but it hides historical patterns. Looking back at past data, you'll find that true risk only appears when the chart plunges into the red "severe bubble" zone. The current fluctuations? They're just normal shakeouts on the way to a bull market.
As long as the price hasn't entered the "high risk" orange zone or above, long-term holders still have a win rate of over 80%. So don't be scared off by a few bearish candles; this is precisely the time to test your mental resilience. When it comes to cycles, time often speaks louder than predictions.
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AirdropNinja
· 11h ago
Rainbow charts, to be honest, are still a psychological game; the key is to withstand it.
You promised an 80% win rate, so why am I still losing the most in that 20%...
Light green is useless; you'll only know what fear really is when it turns red.
Having a good mentality is fake; making money is the real thing.
Don't talk about manipulation; this is just various ways to wipe out newbies.
As for cycles, it feels like only when you win is it called cycle theory; when you lose, it's a black swan.
Long-term holding is correct, but the premise is to choose the right coins...
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BuyHighSellLow
· 11h ago
Light green makes you want to lie flat? I believe this time, anyway, it's not the first time I've been shaken.
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ChainDoctor
· 12h ago
I've heard the term "Rainbow Chart" so many times, but how many people actually stick with it until it turns red?
Many novice traders like to watch candlestick charts for ups and downs, but seasoned traders who understand cycles have long shifted their focus to rainbow charts.
Currently, Bitcoin's rainbow chart is in the light green "steady growth" zone. This position may seem ordinary, but it hides historical patterns. Looking back at past data, you'll find that true risk only appears when the chart plunges into the red "severe bubble" zone. The current fluctuations? They're just normal shakeouts on the way to a bull market.
As long as the price hasn't entered the "high risk" orange zone or above, long-term holders still have a win rate of over 80%. So don't be scared off by a few bearish candles; this is precisely the time to test your mental resilience. When it comes to cycles, time often speaks louder than predictions.