Between the end of the year and spring, the market is indeed prone to stagnation. Without a clear downward break, it's difficult to see trend opportunities, which is also why I previously decided to close early.
If you're still in the market, my advice is simple—be patient and wait. Wait for a real correction to appear before considering phased entries. During sideways consolidation, it's better to stay put than to trade frequently.
This time, in the biotech sector, although I didn't suffer major losses, I also didn't make a big move and even ended up with a 2% loss. Honestly, these hot sectors are really hard to trade; both risk and reward are amplified. Instead of stubbornly holding on, it's better to change your approach.
The current strategy is: leave some positions untouched for now, and when the index shows a clear technical breakdown, consider re-entering for swing trading. Time can buy space; sometimes, it's more cost-effective than blindly chasing the market.
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NonFungibleDegen
· 21h ago
ngl ser this sideways action is just cope for me... been staring at charts for 3 days straight and literally nothing hits different. the biotech baghold still haunting me tbh
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BlindBoxVictim
· 01-07 22:03
There's really no opportunity during this sideways trading period. Instead of watching the market all day, it's better to go to sleep.
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ShibaOnTheRun
· 01-06 13:52
Sideways trading is the most annoying; waiting for a breakout to make money is not wrong to say.
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PoetryOnChain
· 01-06 13:52
It's been consolidating for so long, so you really have to be patient and sit on the sidelines. Those two points in the biotech sector can be considered as tuition fees.
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MemeCoinSavant
· 01-06 13:45
ngl the sideways market thesis checks out mathematically but like... isn't this just cope for missing the move? asking for a friend
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GateUser-a180694b
· 01-06 13:35
Sideways trading is frustrating; it's more reliable to act only after a breakout.
Between the end of the year and spring, the market is indeed prone to stagnation. Without a clear downward break, it's difficult to see trend opportunities, which is also why I previously decided to close early.
If you're still in the market, my advice is simple—be patient and wait. Wait for a real correction to appear before considering phased entries. During sideways consolidation, it's better to stay put than to trade frequently.
This time, in the biotech sector, although I didn't suffer major losses, I also didn't make a big move and even ended up with a 2% loss. Honestly, these hot sectors are really hard to trade; both risk and reward are amplified. Instead of stubbornly holding on, it's better to change your approach.
The current strategy is: leave some positions untouched for now, and when the index shows a clear technical breakdown, consider re-entering for swing trading. Time can buy space; sometimes, it's more cost-effective than blindly chasing the market.