Good morning, everyone. The weekend is here. The market adjusted slightly yesterday.
But from the trend, it is actually quite stable and the decline is not large.
Analysis of on-chain data: The amount of BTC flowing into the exchange is not large,
and the bottom-fishing action of stablecoins is very strong.
So, this is not the beginning of a bear market.
If the bear market is really coming, stablecoins will gradually flow out of the exchange and
will not show such a strong willingness to bottom-fish.
Although we are full of expectations for the bull market after the interest rate cut,
the current situation is indeed a bit difficult to grasp.
The world situation has not been very peaceful recently.
The conflict between Ukraine and Russia has escalated, and a military airport was attacked yesterday.
Lebanon and Iran may also join forces to take action against Israel.
In such an eventful time, BTC, as a safe-haven asset, is also vulnerable to drag.
The risk has not been completely eliminated, and yesterday's strategy is emphasized again:
The general direction is still bullish, but there may be unfavorable factors in the process that lead to a pullback.
If you have already entered the market, hold it firmly and don't waver even if there is a pullback.
If you haven't bought much yet and still have sufficient funds on hand, then enter the market in batches.
Take advantage of the weekend's pullback opportunity to enter a part first, such as 30% of the position, and then enter 30% after the bad news is exhausted.
If your position has exceeded 70%, then don't chase high again.
At least you still have funds in your hand. In case the market pulls back, you still have a chance to get on board.
If you want to dig deeper into the cryptocurrency circle, but can't find a clue,
want to quickly understand the information gap, whether it is He Yue or Xianhuo
You can 👉 Learn more in my profile