Faith!! Bitcoin will succeed (at least there will be another chance to hit $100,000 or even higher), but it needs to get through this winter (profit-taking + cleaning up high leverage + adjustments).
Click the avatar Live to watch the live broadcast and understand the bull market.
Don't always short after a sharp drop; even shorting requires a rebound (shorting in a bullish trend is a bit counter-trend; as long as Bitcoin still has a chance to reach a new high, it is a bullish trend). Now there is a normal divergence on the 4-hour chart that should lead to a small rebound; there is also significant upward pressure at 98,000 and 99,800.
Weekly level correction; if altcoins need to adjust further, they might have to be discounted. Quality altcoins (excluding junk coins) should be added to the spot after hitting your buying point and then just relax; there is no need to sell everything near your cost. Near the cost, just reduce your position by 30% to 50%.
The fifth batch of ETH spot has levels at 3558 and 3100; align your altcoin spot with Ethereum. If you captured the initial position, don’t add more if you haven’t captured the additional. First, let it rise where you make money, then if it drops to 3100, you can profit significantly. This is both an offensive and defensive strategy.
#BTC #ETH
Quality altcoins include: Doge, SOL, Ordi, FET, WIF, PEPE, BNB, Neiro, but strategically, it’s WIF, Ordi, ETH. If you have coins other than these three, align your buying and selling points with Ethereum.
Click the avatar Live to watch the live broadcast and understand the bull market.