Bulls give up resistance
This is hawkishness!!!
Bitcoin finally began to break through the shackles of the decline and plunged in a large range. It fell to a short-term low of 64,300 points during the day. From the trend, there is a great possibility that Bitcoin will quickly hit a new low in the short term. In contrast, Ethereum's technical form and data have shown bottoming signals.
The endless decline of mainstream currencies is logically more inclined to be in the market's hawkishness state. It depends on whether the bulls can endure it. The serious accumulation of momentum for decline, the abnormal movement of the chain between the big players must not be hidden from the eyes of the market, but everything is normal.
If our ultimate goal is not a few points of short-term profit, then it is really not recommended to stare at the fluctuations of these points in the short term to torture yourself. What if the trend fell by 50% in one or two days? What if the pin rebound doubled? This time period is not the time for us to get off the bus. Smart people bought cheap chips early and are still traveling outside. People who play with that little bullet every day are almost cutting their own leeks.
As for today's market, the decline of Bitcoin and Ethereum is less than 3%, and the altcoin market is the one that is losing money. In the past, there was a core mainstream half-position logic that has always been emphasized. If you have a full position in altcoins, it is indeed necessary to reflect on yourself after the current round of market stops falling.
Of course, I am like everyone else. When the market falls, I will be cut. But with the same cut, I may break some skin, but many people will directly hurt their bones. Armor is a thing that is troublesome to wear, but it can really save lives at critical moments.
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