The market is repetitive, especially in the current extreme market. After the panic in the market was relieved, it began to rebound strongly. At present, Bitcoin has pulled back above 55,000 US dollars. The original high-level fluctuations wanted to try to break through the 70,000 US dollars. The market was destroyed by the negative impact of multiple BUFFs. Then it will take more time to adjust and repair. I estimate that this time is about 1 month. Wait patiently! !
If you bought the bottom position yesterday, you don’t have a pattern, and you mainly do the band. The market has fallen in a waterfall-like manner, and it will continue to fluctuate in the future, and there may even be a second exploration, so grasping the current profit is the core!
Finally, I emphasize again that whether it is a bull market or a bear market, you must stay away from leverage.
In addition to staying away from leverage, there is also a certain cash flow. Whether it is a bull market or a bear market, cash is very important, because no matter what cycle, there will be opportunities. When the opportunity appears, you don’t have cash, and you can only watch.