Hey, look at the Bitcoin market, the 60,000 mark is shaky, as if it could fall at any time. A commonplace conflict between Iran and Israel can make retail investors so panicked, which really makes people sigh at the irrationality of the market.
Observing the candlestick chart, I plan to increase my holdings of various digital currencies in the vicinity of 60,000, but I will never touch leverage. When the price drops to the potential support level of around 56,000, I may try to open some short-term contracts.
After all, although the current panic will eventually dissipate over time, the selling craze of retail investors may continue. Therefore, we still have to adopt a conservative strategy to pick up the "cheap chips" they sell out of panic. After all, the interest rate cut and election stimulus are coming in early November, which is an opportunity not to be missed.
Hold spot or low leverage, and don't rush for quick success. Be patient, the bull market will come late but it will definitely come, and it won't be long. To put it another way, we should take steady steps and wait for the right time. The bull market will eventually belong to us.
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