Bitcoin will maintain a volatile format over the weekend, and ETH still needs time. Bitcoin pulled back as deep as 86,500, and then rebounded to 91,000. As of the time of writing, Bitcoin's current price is around 91,000. In fact, after breaking through the high point of 93,200, the old leeks in the circle should have felt that Bitcoin's short-term high point has been reached, and the next step is consolidation and pullback. Why? The reason is simple. When Bitcoin reaches a new high, all players who hold Bitcoin will make money. No matter what price you entered before, you have made money now, so the proportion of players who take profits will definitely start to rise. Especially for large households that are mainly mining farms, they have the demand for continued operation, and they need to turn Bitcoin into cash and continue to invest in the purchase of new mining machines. So the current adjustment will continue for a while, accumulating strength, and the market is also choosing a direction. The current market sentiment also reflects this. At present, Bitcoin's panic greed index has reached 86, and it is still in a red-hot state. The thing that leeks are most willing to ask is, just tell me, should I buy or sell now? My point of view has always been clear. If you hold spot and have not added leverage, then continue to hold it. Now is not a good time to leave. If you are short and are eager to get on board, the current moment of extreme greed is not suitable for you to add positions. If you are a long-term player, I hope you will wait until the market sentiment cools down a little before considering opening a position.
As for ETH, you still need to wait. When ETH was at 2600 before, I told everyone in the group that it was a very cost-effective time to open a position. If you haven't opened a position in ETH yet, you might as well wait a little longer. ETH still has a chance to let you get on board.
Here comes the point:
Friends who are confused about making orders should stop running around like headless flies! Comment 111, and layout this bull market with me, or click on the main leaf to follow, read the introduction, find me, and be one step ahead of others, the risk will be smaller and the profit will be more
$BTC $ETH
