2025-12-25 16:21:11

Looking back at the daily chart of Bitcoin near the end of 2023, more than two years have passed.

During this period, I have been waiting for that anticipated downward trend, but it never materialized. Honestly, these past two years have been a bit uncomfortable mentally; although the losses were limited, it was entirely thanks to that timely reduction in position. The small positions I kept in the market did suffer some losses. This indicates a problem—there was a significant discrepancy between my judgment of that trend and the reality.

But to be fair, choice is indeed greater than effort.

Today, I pulled out the 6-month and 3-year moving averages and realized something interesting: those once heavy selling pressures have actually dissipated over time. The seemingly fierce sell-offs, which took so long, ultimately evolved into an upward trend.

What will the market look like after the selling pressure subsides? Could this be a signal that the true bull run and the altcoin season are beginning? It definitely makes one feel a bit eager to act.

BTC0.18%

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CryingOldWallet

· 3h ago

Haha, you're right. Time is the best digestor; selling pressure just dissipates like smoke and clouds. Waiting for over two years only to reverse the operation—that's the magic of the crypto world. Small positions indeed lost money, but compared to those brothers who hold full positions and stubbornly stick to them, I'm much luckier. Is the bull run really coming? Restlessly stirring... Reducing positions saved my life. I think that's the biggest gain. Whether it's the altcoin season or not, let's see how Bitcoin moves first.

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MEVHunter

· 3h ago

The selling pressure is just worn down by time... To be honest, the previous misjudgment was quite severe, but on the other hand, isn't this the logic of those high-frequency bots in the mempool—some arbitrage opportunities look fierce, but after two years, they are ultimately swallowed by market liquidity. Now everyone is going crazy for a bull run? I'm more concerned about how the relationship between gas fees and mining pools will be reorganized next.

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NullWhisperer

· 4h ago

ngl, that "timing beats prediction" energy hits different when you're down on your bags. technically speaking, those support levels you missed do eventually become resistance, interesting edge case in market psychology really.

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DataChief

· 4h ago

Waiting for more than two years just to get a bite of dog food, it's truly outrageous. I thought the same, but reality hit hard... catching the bottom halfway up the mountain. Long-term charts are indeed comfortable; short-term judgments are really Schrödinger's accuracy. When the bull runs, we just lie back and win; if it doesn't come, we keep waiting. If I had known earlier, I wouldn't have bothered; holding earns money, trading loses money. Why don't I have this awareness? This wave really feels like it's about to start; my hands are a bit itchy, ngl.

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LayerHopper

· 4h ago

Wait, have I been waiting in vain these past two years? I'm really speechless.

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SandwichVictim