The big coin continues to reach new daily highs, just over 500 points away from 100,000. We are currently in the stage of touching the peak, and the closer we get to 100,000, perhaps the greater the risk, as the greed index has already reached 94. We know that a panic index below 10 is absolutely the time to buy at the bottom; at least in the short term, we won’t be trapped. Now that the greed index is above 90, it's time to consider the risks.
Currently, my personal strategy is mainly defensive, as there are countless opportunities in the market and it's impossible to catch every trend. If I can make one dollar, I'll take seventy cents. The strategy at this stage is just to outperform the market!
Yesterday's recovery of Ethereum also drove the entire Ethereum series to take off, and this kind of linked trading strategy is still very effective, as ecological projects often exert strength relatively later and have higher gains. For example, yesterday Ethereum had a big green candle pulled up at eight o'clock; if you look at nine o'clock for OP, ARB, METIS, ETHFI, and other projects, their big green candles at nine o'clock all started up by 25%. This approach also applies to SOL's strength, and the JTO focusing on its ecosystem has also surged strongly! Today, pay attention to the support level at 3300 points; breaking this level poses risks.
Currently, we are still waiting for the big coin to pull back to look for entry opportunities in altcoins; otherwise, chasing high in the short term can easily trap you at relatively high points. If a pullback occurs, focus on strong varieties. As it stands, the profit effect of altcoins is just mediocre, with more sustained rises in several mainstream varieties, while many altcoins are still at the bottom!
