$ETH

Altcoins continue to decline, Bitcoin is sucking too hard!

The current Bitcoin market is too strong, the more it rises, the more people shout for a "deep correction." But it is very clear that there are currently no conditions for a major correction. Bitcoin may need to surge to $100,000 before it has a chance to see a decent retracement, and even that retracement limit is only about 5,000 points.

Don't fantasize that when BTC corrects by 10%, altcoins can still rally; that scenario does not exist! In the current blood-sucking market, blindly betting on a rebound is just gambling, and trading without a stop-loss is very dangerous. One misstep can lead to being taught a lesson by the market.

Short-term trading advice:

Wait for Bitcoin to reach the $100,000 expectation, then the market may see a wave of retracement.

The current strategy is to buy on the dip in line with the trend, don't try to touch the top against the trend; this risk is not worth it.

Only when market sentiment recovers, and good news is realized, will the next round of expectations create a good opportunity to bottom out.

Hot cryptocurrencies:

DOGE

BONK

FLOKI

In a blood-sucking market, only when Bitcoin starts to consolidate will altcoins have a real opportunity to perform. Now is an excellent phase to stealthily accumulate potential coins at low levels, seize the opportunity to position yourself for future doubling coins!

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