Cryptocurrency risk warning before the New Year:
◓Since 2017, the daily and weekly data show that each main upward trend is basically 100 days (plus or minus 2 days), and then there have been different degrees of high-level violent fluctuations or large-scale pullbacks. This round of rise started on September 6 and will reach 100 days on December 15
◓Everyone should pay attention to risk control in the future and don't chase high prices.
◓Currently approaching the regular time point of 100 days mentioned above, you can refer to the trend in January 2024 and March 2024. If you want a stable band, you can wait for the opportunity after the high point retreats by about 20%. At the same time, I would like to remind everyone to avoid the interest rate decision of the Bank of Japan tomorrow. If the Bank of Japan does not raise interest rates, the market will follow its own rhythm. If the Bank of Japan raises interest rates, there may be a risk of panic funds falling sharply in August, and the market may retreat higher. Everyone should pay attention to their leverage risks.