Last time, on August 26, I posted a message to remind people that the market would fall and adjust. It fell from 6.5w to 5.5w, a drop of 10,000 points. You can read the article on the 26th. $BTC $ETH
During this period, the small level tested the 0.382 line dozens of times, and it seemed that there was a chance to stand firm. The daily line actually successfully reversed, but it has been suppressed by the 3-day and weekly levels. This reversal of the rise needs to continue to spread to the large level to achieve a real reversal, but yesterday's daily line closed and found that it fell again, and the reversal trend was declared broken.
There are many opinions about the 5.5w position of the market. I see that some people say that a bear market will start if it falls below 5.5w. I think this view is very narrow. You can think that the pig force will continue to wash the market, and another fall will wash out some people, but you must not look at the bear market.
Strength determines the timing of entry, but sometimes luck is also important. I believe that some people, after reading my posts from October to November last year, bought strong coins such as sun, slp, ray, bake, etc., then you are not afraid of the sharp drop in the past few months, because even if it has fallen to the present, you have even made several times the profit, which is considered to be quite lucky. $SUN
If you came across me in February (you can go to see my two top articles), and bought potential coins such as jasmy, you also made several times the profit, which is also quite lucky.
But if you entered the market from March to August this year, compared with the above timings, you will be a little unbalanced in your heart, because since you entered the market, it has not risen much, and has been falling, which is very unfortunate.
But this is fate, it is your luck. The earlier you lay out, the less risk you will definitely have. After all, there are many projects to choose from in the early stage of the bull market, with a wider range of choices and lower cost prices, so you can cope with any situation with ease.
From the big drop in March to now, who in the market could have predicted this except for the dealer? The washout to this point is actually more exaggerated than in March 2020, and the effect has been achieved. At least 90% of people have been out, which can be seen from the market liquidity.
Next, no matter how the market intimidates you, you just need to hold your chips. Believe me, the air force will not be able to jump for long. The balance of victory in the market will eventually tilt towards our long army. #非农就业数据即将公布 #BTC走势分析 #美联储何时降息?