WIF
In this round of bull market, I personally reflect that the main area where I did not do well is to stop profit. Many targets with large profits did not stop profit in time, resulting in a large capital withdrawal in the callback since March.
Interestingly, several coins with public stop profit, such as alt, pixel, wif, etc., were basically sold at the highest point. Although to be honest, I just touched them randomly, my winning rate of touching the top is indeed a little higher than that of bottom-picking.
WIF took the initiative to stop profit on March 30th. At that time, the price was 4.4. I doubled the leverage and got 15 times the profit, Figure 2. Later, it rose to 4.8 and I still regretted it a little, but now, the price is 2.8.
Recently, many people have asked about it, and I also saw that a big V recommended buying at 2.9 a few days ago, but I personally think from a technical point of view:
Not very suitable.
The market is currently in a sideways state. Sideways can be re-absorption or distribution. These two are difficult to distinguish before the right signal comes out. But from the volume and price structure and the fact that it has not followed the market to rise in the past few days, I currently tend to think that the main force is distributing shipments here.
In the long term, wif should still have room as one of the top memes, but in the short to medium term... I hope to buy back the previously stopped-profit positions at around $2.
