After the market shakeout, both bulls and bears are confused, but did you know? In a bull market, a drop is actually your 'father'!
That's right, you heard it correctly, a drop gives us the opportunity to buy at low prices. Those coins that were once out of reach can now be acquired cheaply. This is a large-scale reshuffling of the market, survival of the fittest, just like the heavy rain after lightning; continuous days of rain will surely lead to clear skies, this is the natural law of the market.
It's been a while since I shared some points with everyone, so today let's talk about it for the sake of bottom fishing.
The maximum retracement point for BTC is at 92,000. As long as the closing price remains above 92,000, there’s no need to worry. This shakeout has a bit of a downward momentum, and if it gets more intense, going all in at 88,000 wouldn't be a problem! BTC returning to 100,000 is just a matter of time.
For ETH, there are currently two key points: 3,100 and 2,980. If the market continues to decline, 3,100 will become an excellent rebound point; if it drops quickly, 2,980 will be a crucial battleground with significant strategic significance, and the big players won't let it go easily.
Dogecoin is affected by Musk being controlled by the military, forming an island reversal pattern in price. If it cannot return above the neckline within a week, it will be troublesome, requiring a longer time to digest the bottom fishing and selling pressure. But don’t forget, Dogecoin below 0.3 is already at a bargain price, with a maximum retracement only down to 0.242. For this kind of skyrocketing big player, a rise only takes a few seconds!
The market is now clearly differentiated, BTC is bullish, while ETH and Dogecoin are bearish. But don’t forget, BTC is the boss! Seize this opportunity, and within the next three months, easily catch a 10-fold dark horse!
So, where do you think the market opportunities are now? Come and share your thoughts in the comments!