The current market rhythm is obvious:
• Bitcoin rises, sucking blood from the altcoins;
• Bitcoin falls, bringing down the altcoins;
• Bitcoin is sideways, and the altcoins fluctuate without volume.
Bitcoin has lost its direction in the short term, and now we can only look at the second Bitcoin.
Suggestions:
Friends who have a lot of altcoins in their hands should not rush to sell their meat, as most altcoins are near the historical bottom:
• The biggest room for decline is only 35% more than the historical low;
• The smallest room for decline is only about 20%.
If you can't stand changing positions, you have to consider whether to run after a short-term rebound of 20%. Such repeated operations are meaningless. At present, most currencies have fallen by 50% in this round. Only by holding a currency can you retain confidence and avoid continuous losses.
Strategy:
Spot waits, retreat to advance. #加密市场回调 #btc