Steady! ! !
Don't panic when things happen! ! !
In this wave of plummeting momentum, many friends in the community reported that spot assets have shrunk significantly to about 30% of the original value, and friends involved in contract trading may be in a more difficult situation. However, historical experience tells us that such a deep market baptism often indicates that the second half of the bull market contains a stronger potential for explosive growth.
Looking back at the historical market trajectory, whenever encountering such a huge plunge, the market is difficult to quickly achieve a V-shaped reversal in the short term, but tends to enter a relatively long and gradual rebound phase. After falling below the important support level of 56,000 points this time, the market is expected to enter a relatively long recovery period.
Therefore, for investors who are eager to buy the bottom, patience is particularly important. It is recommended to keep calm and observe, and when the market further adjusts, you can consider gradually building positions in batches. At present, the altcoin sector can be said to be full of grief, but this is the inevitable process of natural elimination and screening in the market.
Since the rise of the ETF craze this year, a large number of new projects have emerged in the market, with market capitalizations of billions, attracting huge amounts of money, but also accumulating a lot of bubbles. In the context of the current market reshuffle, a sharp decline in assets is expected.
Despite this, there is still a lot of opportunity in the field of altcoins. In this seemingly chaotic field, there are bound to be a few high-quality projects and targets that stand out.
