Dynamic analysis and strategic suggestions for the cryptocurrency circle
Market fluctuations, harvest and rebound coexist. Although the Japanese stock market has rebounded violently, the cryptocurrency market remains independent. August started badly, but today showed signs of recovery. The trend of Bitcoin is independent of the US stock market. The dealer took advantage of the situation to smash the market, creating panic and inducing selling. There must be a sharp drop before the big market. After the long army burst, the dealer started to pull the market, using bad news to deter new entrants. History repeated itself like 312, and then the price of Bitcoin soared dozens of times. Bitcoin has risen from 3800 to 69999, with an amazing increase. Coin holders need to sit tight and wait for good news.
In the field of altcoins, oversold rebound is imminent, and demon coins are about to re-emerge. Although the first show of the second half of the August bull market opened with a sharp drop, a subsequent rebound can be expected. Altcoins generally fell to new lows, and the future trend is unpredictable. Spot investors should boldly increase their positions, buy and hold, and the rebound may exceed expectations. For those with dispersed positions, this is a good time to change positions.
SATS daily line ended nine consecutive negatives, rebounded quickly after the pin, the trading volume doubled, the decline was volumeless and the rise was volumeful, and the buy-on-dip strategy was verified again. The rebound from the low point exceeded 40%, and the bottom-pickers have received rich rewards. In the short term, it faces technical pressure and may be corrected, but the opportunity to get on the train should not be missed.
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