When I woke up today, the market was red again. Bitcoin has performed very poorly in the past month and it even fell below 58,000 today. This is the first time for everyone to experience such a market. Since the market has come to this point, there is nothing we can do. Take Bitcoin as an example. The price of Bitcoin 58 has reached a very cost-effective price, and the same is true for ETH.

Recently, big whales have started to hoard coins on a large scale at this position. This also happened when Bitcoin was around 20,000 in 2020. Then the most important stage of the bull market began. The second half of the bull market is very important. ETH's ETF will be launched, and funds will enter the market, which will far exceed the first half. I still believe that the more bloody the current washing is, the more gorgeous the fireworks will be in the future.

In the past few days, I have been reminding you of several points: (1) Keep some money until the price drops below $59,000 (2) Don’t rush to buy at the bottom or add to your position (3) Don’t sell at the bottom

At present, it is recommended to increase the position to 60%. We still have to wait for the Mentougou incident to be resolved before we decide whether to increase the position. There should be more news about the Mentougou incident next week! Don’t sell at the bottom, otherwise the rebound mentality will be out of control, and you will be trapped if you chase the rebound. As long as you don’t buy high-inflation tokens, don’t be afraid to hold the spot, you will be fine.

The trend in recent months has been up and down, which is very difficult to play. There must be a lot of people who are stuck. Sun Ge's profits have retreated by hundreds of millions. I personally feel okay, and I have made up for some of the retreat with some operations. Next, let's talk about what I have done recently.

In the past two or three months, my personal approach is to buy at the right position and sell at a similar profit, with reasonable leverage.

The most recent concentrated buying was when Bitcoin hit 60,000 a dozen days ago. I bought sol, jto, dot, ordi, etc. In the meantime, there was a 20-30 point profit, and I sold it when it reached the pressure point. Today, I started to place some low-priced orders and slowly took them back.

I basically buy at around 60,000 every time because I think the consensus here is relatively strong, provided that I believe the bull market has not ended. This round of bull market will be very difficult to play. According to the washing time of Bitcoin, this round of bull market will be distributed for a longer time than before, with a bull period and a bear period, so you need to be more patient.

Everyone should remember to arrange the mainstream at the right opportunity, and operate the cottage according to the position of Bitcoin. Bitcoin is at a high level, so you can only reduce your position and buy less. If you are too eager to fill your position, you will be trapped in the end, and the tolerance rate will be very low. 60,000 is a watershed. I think this is a position that can be arranged. Again, I hope there will be negative news like Mentougou and supervision, because opportunities must come with it, and there is no opportunity for positive news. #币安合约锦标赛 #VanEck提交首个SolanaETF #非农就业数据即将公布 #ASI代币合并计划 #IntroToCopytrading