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The current strategy is clear: we may wait for the opportunity for the market to bottom out again without setting a new low, or wait for the right side of the upward trend to become clear. Bitcoin continued to wander in the oscillation range last week, but from a weekly perspective, its bottom adjustment pace appears steady and powerful. As long as the daily level can hold the support level of 54,000, this adjustment can be regarded as healthy and orderly. On the contrary, if this key point is accidentally broken, it may indicate that the market needs more time to consolidate and accumulate momentum.
During the weekend, although the market did not stir up waves, on the Binance platform, altcoins such as DAR, RARE, TLM, VOXEL, SYS, DODO, etc. have staged a strong rise. Hereby remind all investors to be vigilant about risks while participating, learn to stop profit in time, and lock in profits.
Please give the market and yourself more patience, and believe that the explosive rise of the market is not far away. Let us wait together and welcome that dazzling moment together.
