The reality I see every day is that people hate buying support zones on bullish charts. They would rather attempt to buy falling knives like $BULL than bullish backtests like $COIN.
The majority hated $TSLA in the 200s, $AMD sub $100, $IREN sub $10, $SOFI sub $8, etc. They all want to buy when charts have already broken out and chase higher because it feels more "comfortable."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
