For everyone's approach to the contract level, the most important indicator in the near future is always the price of USDT. As long as this exchange rate remains in a downward phase, the market will steadily rise. The change of this indicator has always been a short-term direction decision. It has been said many times that when Ethereum's lowest point was 2800, the USDT price had already reached a high of around 7.35. At this stage, it has reached 7.28 again. The market has also warmed up to 3200 and Bitcoin's 60,000 mark. The trends of the two are inversely proportional. Everyone cannot grasp the choice of the market, just look at the exchange rate indicator. At present, the USDT exchange rate is the target of the market trend. Don't think too much. The implementation of all measures will affect USDT, and this reaction is also a short-term trend. Today's explanation is at this position. At the end of the article, everyone has a market choice that cannot be determined. It is best to communicate with Lao Cui before drawing a conclusion.
Lao Cui concluded: For spot users, if they want to have considerable returns in the short term, they still need to hold for a long time and wait for the arrival of good news. They will definitely see the returns within the year, but for contract users, after the short-term repair, combined with the good news of Ethereum's listing, it can give users with multiple orders a chance to exit. Of course, this does not mean that everyone should blindly go long. The return of going long is just that there may be a wave of profits in the short term. + Lao Cuitanhua2209 Waiting for the good news to dissipate at the mid-term level, the bears will eventually dominate, so users with short orders in the market can hold but ensure the safety of their positions. If there is no good news after the short-term bulls, the bears will appear!
Lao Cui's message: Investing is like playing chess. Experts can see five, seven or even more than ten steps, while those with low chess skills can only see two or three steps. The high-level ones take the overall situation into consideration and seek the general trend. They do not focus on one piece or one place, but aim to win the game in the end. The low-level ones fight for every inch of land, frequently transform between long and short positions, and only fight for a short-term, but are frequently trapped.
This material is for learning reference only and does not constitute buying or selling advice. If you buy or sell based on this material, you will be responsible for the consequences!