Why do I firmly believe that Bitcoin will not fall below the support level of 5.9?

The reason is that this price is not only the average cost line for giants such as BlackRock and Fidelity to take over Grayscale's holdings, but also a barometer of market sentiment. Once this position is lost, many altcoins will inevitably suffer a sharp correction of 70% to 80%, and market panic will spread rapidly. At that time, it will be much more difficult to rebound quickly from the trough than the current leap from 70,000 to 80,000.

Bitcoin's slight fluctuations are enough to make the altcoin market nervous. As institutions, they often absorb funds through a small decline, so why take the risk of causing a deep plunge? In fact, the real risk of missing out lies in Bitcoin itself, not in those altcoins that follow suit. Therefore, friends who hold Bitcoin spot should not sell blindly, because the institution's wash strategy is to induce you to hand over your chips, rather than to buy altcoins in person.

As retail investors, we cannot control market trends, but we can choose to adapt to them. In this market with frequent fluctuations and constant washouts, it is the golden opportunity to use Bitcoin for short-term swing operations. Abandoning complicated strategy analysis and focusing on the trend of Bitcoin is the way to win.

Whenever Bitcoin shows signs of a pullback, it is a good opportunity for us to use altcoins to sell high and buy low. If Bitcoin can quickly regain lost ground, we will flexibly adjust our positions again and wait for the next opportunity to enter the market. This year, even if Bitcoin sprints to the 80,000 mark, there is still no shortage of opportunities to buy at the bottom in the altcoin field.

For courageous investors, when Bitcoin shows signs of falling, using large-cap altcoins for low-leverage short selling is a risk-controlled strategy.

We are all small beings in the currency circle. Unable to hold for a long time or accurately predict trends, learning to follow market trends has become our survival rule. Maintain moderate faith, but avoid blind worship. As shown by the fluctuations of projects such as ORDI, even three ups and downs can bring investors considerable swing returns. Isn’t this a wise choice?

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