BTC plummeted. To be honest, ETH's performance this time was disappointing. Next, I will only buy the bottom of spot. I will divide the bottom-fishing coins into three types: BTC, ETH and other altcoins

For BTC, it is absolutely no problem to buy some spot at 53,500. I have mentioned it many times before. Buy some spot at this position, leaving room for adding positions around 46,000. My limit expectation for this bear market will not exceed 38,000, because this is the lowest cost after the ETF is passed. In other words, as long as you can withstand this lowest expectation, you can do more as you like based on this

ETH direction , because ETH fell too fast, we can only wait for ETH to rise and close part of the spot, and then take the remaining part near 2200. At the same time, there is a third opportunity to increase positions at 1800. Of course, this does not mean that this is the iron bottom, because ETH is too weak compared to BTC, so our operation should be to increase positions when it falls and reduce positions when it rises to the cost price, and continuously lower the average cost. ETF is theoretically a long-term positive, so if it does not rise within 15-30 days, consider giving it up.

For other altcoins, there are opportunities to increase positions, but they must be at the extreme position, which means that it is still far from increasing altcoin spot positions. Because it is common for altcoins to fall by more than 90% in a bear market, altcoins adhere to the principle of "strengthening rather than weakening, speculating on new rather than old". Except for newly strong altcoins, other long positions are not recommended to increase positions.

In the short term, BTC should have a round of oversold rebound. The direction of the next contract is to go long first, then short, and then long.