$BTC
《Oversold Market——Current Market Analysis》
This wave of oversold market has made the whole market wail, leaving no room for bulls. The support of the big cake has been broken again and again. The lower support is around 93400. If this position is broken, the time for the market to repair will become longer.
Ether's 28-day oscillation increase was lost in 2 days. It is no different from a copycat. If the support near 3280 can hold, it can alleviate this downward trend.
After the market enters the oversold market, it is necessary to cover the position. Wait until the right side enters the market and confirms the market reversal. It is very uncomfortable to be trapped now. Fortunately, we are not fully invested. When the market stabilizes, we will cover our positions again, which will lower our average price a lot.
The entire market is sluggish and the mood is low. Only with unshakable confidence, endurance and waiting for the market to reverse, we can witness the flowers blooming. When the market stabilizes, Taco will post updates on the positions of covering and reducing positions.
