❗❗❗Key Points for Cryptocurrency Investment
1. Mainstream Coins That Can Accept Long Positions
Currently, only BTC, ETH, and SOL can accept long positions. Their bull market has not yet ended and they are still expected to reach new highs. It is not recommended to enter altcoins, as they are mostly participated in by Chinese retail investors, which leads to significant volatility. It is not only difficult to achieve a hundredfold increase, but even breaking even would be considered lucky, especially with the recent severe drop in altcoins.
2. Market Trend Predictions
1. BTC may not have bottomed yet, and if Wednesday's CPI data is negative, it may continue to decline.
2. There is a possibility that the market maker will push it down to a low of 85000 to liquidate long positions to increase liquidity before raising it again.
3. In a bull market, there are many long positions; a short-term strategy is to look for support on the 4-hour chart to enter long positions.
4. Personally, I believe the limit is around 85k; this is a healthy correction to clear leverage in the bull market, and after about a month of adjustment, it will continue to surge, with the bull peak at 130k - 150k.
3. Trading Suggestions
1. Top trader Eugene believes that buying the dip on ETH, ENA, and PEPE is relatively safe.
2. Today, for short-term BTC, you can enter at 95600 and 94800 with a position size of 5.5, defending at 94150; for ETH, you can enter at 3600 and 3550 with a position size of 5.5, defending at 3500.
4. Market Rhythm
The past 24 hours have seen the largest long liquidation of this bull market. All positive news for coins is pushed to March next year, which means that the market will start to adjust from the end of December to the end of January. #加密市场回调 #市场回调抄底还是观望? #APT、ADA、ENA大额解锁