$BTC Don't panic when something happens, always pay attention to Saoge's dynamics!

2024.12.10 9:17 AM BTC/ETH Market Analysis
Is this an early discount for Double Twelve? Many people disappeared overnight; 12 billion CNY was wiped out, and 410,000 people vanished!
BTC is still the same; after a couple of spikes, it has reached the short-term bottom support trend line. Most altcoins, if you look closely, just hit our first and second buy positions. Isn't this just a proper spike to grab cheap chips? Since we are optimistic about the long term, this wave is expected to yield dozens of points! Now we just wait for the bottom and the right side to come!
Regarding my continuous call yesterday to significantly reduce or even exit your medium-short positions, it’s too late now that you’ve missed it; you can only look for oversold opportunities to add back in. There’s no cutting losses in spot trading, but you must learn from your mistakes; short-term positions are just that—short-term positions, and you can't hold them forever!
BTC Focus
Support 96000±150/94150/91800
Resistance None
ETH Focus
Support 3615/3515
Resistance None
At this moment, BTC/ETH is stronger than any other asset in the market, which is why a bull market must allocate 50% to even 60% of the positions into these stable assets! Because they indeed withstand blows!
Long-term holders should continue to hold; my views remain unchanged these past few days. After the second dip ends, it’s just a matter of time before we gamble on a second peak around Christmas, New Year, and the Spring Festival, so I’ve been holding for a year or even two; I can’t be scared away by the first wave of correction after only one month. If we do that, we will definitely miss out on big profits, so let’s keep our patience!
For medium-short positions, in this market, if you catch it, you have to run temporarily. Contracts are mainly BTC/ETH/SOL; altcoins can only be spot; otherwise, you risk a spike like today, and your position could vanish!
#MicroStrategy增持BTC $BTC

$ETH

$SOL