The siren call of the bounce

My biggest repeated mistake in $BTC has been chasing the bounce after a significant drawdown, especially when the narrative shifts quickly from fear to 'buy the dip.' I've moved my stops too wide, convinced a reversal was imminent, only to see the market continue its capitulation. It wasn't about missing the actual bottom, but rather trying to perfectly time a recovery that wasn't yet established, often leading to deeper losses than if I'd simply waited for clearer price action and structure.