Current market assessment
The cryptocurrency market continues to maintain significant volatility, with many attractive investment opportunities. Factors such as macro trends, global news, and the performance of major coins are all strongly influencing investor decisions.
Trading strategy
1. Buy:
• When?
• The market corrects to strong support levels, creating opportunities to accumulate assets.
• Positive news about a specific project or coin appears.
• Reason:
• Profits from price increases when the market recovers.
• Cryptocurrency projects with long-term growth potential.
2. Hold:
• Suitable for long-term investors:
• Trust in the potential of major coins or high-quality projects.
• Have accumulated at low price levels and are ready to hold long-term to maximize profits.
• Benefits:
• Minimize risks from trading too frequently.
• Take advantage of the overall growth trend of the cryptocurrency market.
3. Sell:
• When?
• Prices reach strong resistance levels without breakout signals.
• Negative news or clear downtrend signals appear.
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• Risk management: Always set stop-loss levels and allocate capital wisely.
• News updates: Closely monitor market developments and information affecting the coin you are interested in.
• Long-term vision: Only invest in projects or assets that you truly understand.
