Grasping the cryptocurrency market: a ray of hope in the decline
The cryptocurrency market has suddenly changed: a Jedi counterattack or continued decline?
In the cryptocurrency market, the chips in hand must be reasonable and healthy. The main position must be placed in the direction of mainstream coins, while lighter positions, such as less than 20%, can be placed on altcoins for operation.
Today there is news about the European Cup, and the German team was finally eliminated by Spain. In the crypto market, the market stopped falling yesterday. For experienced old leeks, they remained calm and chose to buy at the bottom.
Here, I recommend several investment targets to everyone. I won’t say much about Bitcoin, but Ethereum is worth paying attention to. Sun Ge has transferred and bought ETH on a large scale since the day before yesterday, and there is news that ETH’s ETF transaction may be passed next week. If you choose a target for bottom-fishing at this node, I personally think Ethereum is very worthy of consideration.
It is about to enter the weekend, and various government departments usually take a break, and the crypto market may usher in a small recovery and rebound. However, I still want to remind everyone to try to avoid altcoins when bottom-fishing, especially strong tokens. Although these currencies have risen sharply, once the judgment is wrong, a loss of 20% or 30% is considered small.
At the current node, first of all, do not open leverage contracts, which is tantamount to seeking death. Secondly, you should buy some mainstream investment targets at low prices, which is relatively stable.
I noticed that the market has begun to recover gradually, and perhaps there will be a small general increase of about 5% today. If this is the case, the situation on Saturday should be pretty good. And from historical data, the crypto market is generally dominated by increases on Saturdays, and everyone can observe this.
I have to say that this market decline is really uncomfortable.
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