Morning analysis for today: Last night's Microsoft shareholders' meeting did not pass, which was expected and falls within the online assessment range. After all, such a company cannot pass everything in one meeting, and there is still room for speculation. Although this affected Bitcoin's price, causing it to dip near 94500, the morning closing price is still above the 96000 range. Currently, it is fluctuating slightly within the ranges of 96000-97300-98300. The trend has not yet completed; it is merely a short-cycle adjustment, so everyone need not panic. Especially last night, no one dared to buy the dip in such circumstances, but I did.
Ethereum dipped again last night to around 3500. Friends who listened to my live broadcast last night should know that I bought the dip again. I don’t know what you all think, but a few days ago when the price was in the range of 3950-4050, I was selling and calling for a reduction in positions. Many of you were constantly clamoring to enter the market, wanting to chase after the price that just touched 4000 but hadn't stabilized. Influenced by market FOMO, some even saw 4800, 6000, or even 10000, unwilling to wait and directly chased in. Now that it has returned to around 3500, you are hesitant to enter the market or have no funds to do so.
As for everyone, if you are holding these few coins in the spot second-tier market, there is actually no need to worry. The average price is currently down by less than 10%. Compared to other market participants who bought at a high, you are still in a better position. A slight rebound will lead to profit. These price levels are quite important, and if ETH pushes back to 4000 again, that will be your best cost price position. So there is no need to worry; the price will recover in the quickest 3-5 days, and at most in 7 days. If you are fully invested and the price has risen, then reduce the cost price of the higher positions. Always ensure you have liquidity for spot trading to stay invulnerable.
