What I admire most about the "spot teachers" in the square is that they can call you to buy the bottom every now and then, and then they will show off "Brother, are you awesome? Sister, are you awesome!" when the market rebounds a little bit, and they will start to "play dead" when the market pulls back! ! !
Spot players also look down on contract players, thinking that contracts are easy to blow up. As long as you don't cut your losses, you are not losing money. Your large positions of copycats have pulled back by 70-80%. What's the difference between this and a blow up?
They deceive themselves and think that it's a bull market, and the spot market will sooner or later increase by five times, ten times, or even a hundred times. Little do they know that the way of playing in the currency circle has long changed. More than 90% of the copycats have no future. Even if there is hype, it's just like a lottery. It's impossible to judge which sector will be hyped...
Bitcoin/Ethereum ETFs are good, and the expectations of interest rate cuts have long been digested. The small bull market has also ended. Wait for 3-4 interest rate cuts, and then the market will really heat up!
In September, everyone should pay more attention to the US stock market. Don't listen to the story of "bull market, buy the bottom" easily. Everyone can tell stories, but if you really believe it, you will be in trouble!
Don't buy the bottom if there is no big drop! Even if there is a big drop, buy the bottom to get a 20%-30% oversold rebound profit and run away!
The market is very bad, the technical analysis results are also bad, and the mood is also bad...
