Last night, the price of Bitcoin surged. What should we do next?
First: Don’t touch the contract, and don’t go short. If you go short, you will be stuck at the floor.
Second: Since the rise last night was caused by news, it will take two or three days to confirm whether it is really a reversal. If it is confirmed, you can just build a position on the right side. Don’t blindly go all-in, otherwise you will feel uncomfortable if it falls in a few days.
Third: If there is no reversal but a rebound this time, then if it falls, you will be fully loaded in late May. There is a high probability of a rate cut in September, and the US presidential election in November is certain. Don’t be afraid, and buy the bottom in batches when it falls!
Fourth: Buy the bottom of strong currencies, hot sectors, especially AI and RWA sectors, and choose the leading layout. Some meme coins in foreign communities are also good!