Bitcoin is now hovering around $90,000, down 0.47% yesterday. The market has been fluctuating between 89,700 and 92,100, with the MACD showing a death cross signal and the RSI at a neutral level — simply put, both bulls and bears are temporarily at a stalemate, neither side gaining a significant advantage.

This kind of market tests your mindset the most. Instead of chasing after the ups and downs, it's better to wait until you have a clear understanding before taking action. Especially, don't be fooled by the routine of being pumped up to attract buy-ins; a slight lapse in judgment can easily lead to buying at a high and getting crushed. As the old saying goes, patience and waiting for clearer directional signals are more important than anything else.