Bitcoin rebounds, leading the rebound of cryptocurrencies
Is FTX going to pay?
FTX still refuses to leave the news center. Claiming to pay 16 billion US dollars, Bitcoin moved.
The price of Bitcoin reached 63,600, and the price of ETH also broke through 2,500.
The rebound of Bitcoin and Ethereum immediately led to the appreciation of the entire cryptocurrency circle, and the copycats followed suit.
Is this rebound the starting point of an increase? Is this rebound a sustainable rebound?
The answer is that I don't know. I don't make predictions. We just determine our actions based on the market's actions, and all our actions are constrained by our own framework.
We should do the discipline we should keep, maintain our positions, maintain the proportion of our positions, and then wait for market changes.
There is a sentence in Sun Tzu's Art of War that can be used in the investment market: Be invincible and wait for the enemy to be victorious.
This is completely consistent with our investment ideas. We do what we should do, and then wait for opportunities in the market, and then we can beat the market and make profits.
What about now?
Apparently the market has not revealed any flaws.
Market sentiment also proves this point. Today's market panic and greed index is still 50, and the market is still neutral and impartial. The market is indifferent to the impact of the FTX news.
Facing the upcoming violent bull market, I plan to ambush some tokens that are ready to explode, and also find some potential coins to hold by the end of the year. Friends who like spot trading 👉 Main business Zhi Liao Xun, get my latest strategy and detailed points!
