At 6:30 AM, Bitcoin broke below 93k, which made many friends start to worry, fearing that the bull market might come to an end. But there is no need to worry at all, the trend remains positive. The Bitcoin ETF is still seeing continuous inflow, and let’s not forget, the interest rate cut cycle is still ongoing. Not to mention, there is another interest rate cut scheduled for the 18th of next month. For spot trading, it’s all about selecting quality varieties and holding on, just two words, no need to worry too much.

As for another type of player, they should focus on low leverage long positions, and not be stubbornly bearish. Because the profits for being bearish are limited, and the risk of liquidation is high, which is really unnecessary. As for how to filter quality and valuable altcoins, remember to like, follow, bookmark, and share. Look at the trend, for example, Dogecoin, with Musk promoting it furiously, the market is also speculating, so there is a continuous inflow of traffic and funds, and naturally, Dogecoin rises with the tide.