Analysis of the causes of fluctuations
Macroeconomic impact: Global market turmoil has put pressure on investor sentiment and affected market stability.
Reduced liquidity: The decline in market liquidity makes prices prone to drastic fluctuations.
Emotional trading: Short-term speculative sentiment has exacerbated market instability and led to greater price fluctuations.
Investment advice
Reduce leverage: Control leverage use to avoid excessive exposure to market volatility risks.
Set stop loss and take profit: Adjust stop loss and take profit strategies in a timely manner to deal with sudden price fluctuations.
Pay attention to dynamics: Closely track market changes and avoid blind operations.
Steady strategy: There are opportunities and risks in the crypto market, and adopting a prudent investment strategy is the key to protecting returns.