Trading crypto in the bear market is one of the most difficult times for most traders, including advanced traders, but as the saying goes, the bear market produces the best traders, and millionaires are born. Trading without the proper skills, such as market structures of the crypto market and implementing your strategy, is akin to exposing yourself to risk, which could cost you your life, but in this case, your trading portfolio. Trading goes beyond buying and selling based on the feeling that this is the best time to buy or sell an asset. Understanding the market is in phases or cycles gives the trader, investors, and institutions an advantage to trade with the necessary edge and the technical tools needed to produce a great return on investment (ROI) over time. Let’s look at how most traders, investors, and institutions take advantage of the different phases or market structures to produce consistent profits and use the right tools to identify these different market structures. Related Reading: Bulls Against The Ropes, Why Aptos Is At Risk Of Crashing To $7 What Is Market Structure The market structure, also called market cycles or phases, is a given stage or framework at which the crypto market is currently trading. Understanding the current market structure helps a trader to condition trading techniques and strategies to yield the best results. The market structure highlights important support, resistance, and swing...
