Bitcoin Market Panorama under Oversold Market: Current Situation, Strategy and Mentality
Overview of Oversold Market
Bitcoin oversold market caused tragic market, key support is about to break, repair may be delayed.
Ethereum has fallen rapidly after many days of gains, and if the support near 3280 is stable, the decline can be slowed down. It is advisable to wait for the right signal of market reversal to cover positions.
In oversold market, it is necessary to wait for the right reversal signal to cover positions. Although it is locked in, it is not full. After stabilization, the average price can be reduced by covering positions.
Market sentiment and response
The market is sluggish, investors need to be confident and patient to wait for the reversal. Tower will give suggestions on covering positions when it stabilizes.
