#BTC Good morning everyone, the market has been very exciting recently. The current market view is:
The sharp drop in prices in a short period of time has led to the explosion of contract leverage, and it is also tempering the mentality of spot retail investors. Over time, retail investors will become more and more cautious about investing in altcoins, or develop the habit of swing trading before the real rise. When the real rise comes, retail investors are likely to miss the opportunity, causing altcoins to surge.
During the bull market, there are common plunges because everyone expects altcoins to rebound. And altcoins will inevitably rebound, but the dealer will not give retail investors opportunities in vain. What to do? First, temper the mentality through long-term sideways trading. Secondly, cooperate with the exchange and use pin operations.
The dealer does not care whether retail investors lose money, they care about the ease of the market when pulling the market. As long as the market is pulled, retail investors will naturally follow up.
What we need to do now is to be patient, operate the contract carefully, and choose good spot currencies to hold firmly and wait for the next big rise.