The cryptocurrency market plummeted, is the bull market gone? Let me share my opinion.

Last night, due to the sudden Iran vs. Israel incident, Bitcoin crashed 5%, Nasdaq fell 2%, and oil prices soared 10%.

Although the conflict may last for a long time, you must know that this negative news is more of a panic negative news, which is unsustainable. For example, the conflict between Russia and Ukraine is like this. It plummeted at the beginning, and now the conflict is still going on, but it has no impact on the cryptocurrency market and the stock market.

So this wave is the same. After people’s panic is over, the price of the currency will rise again. After all, we also experienced the Israeli-Palestinian conflict in April this year.

And Shuqin notified everyone when the negative news just happened yesterday. At that time, Bitcoin was still close to 63,000. If you have seen it, it is also good to have some preparations. Be sure to pay attention to the dynamics I usually post. And our Pepe 0.1 bottomed out, and now it is back, and before that we went from 0.07 to 0.12, and still have a lot of floating profits.

However, when trading in cryptocurrencies, you must guard against such unexpected negative news. Don't use full leverage. Use spot/low or high multiplier small positions for small coins to leave yourself some wiggle room. Because in the 365 days of the cryptocurrency world in a year, there will always be ten days when something goes wrong. After a week, the coin price goes up again, but is your position still there?