11-26
BTC has entered a high-level secondary fluctuation as expected, and the amplitude will be very large. Estimated at 20,000 points. Around 100,000-85,000. It will take a long time to oscillate. In the past few days, I have written many articles expressing this view, and I clearly stated on November 21 that I had reduced most of my holdings at 97,500. However, I still did not short BTC. Although a pullback is expected, this is a logical issue; shorting in a bull market, while profitable, is still something that immature traders do! Continue to wait and hibernate!
In the past few days, altcoins have cooled down, with no particularly good targets. The main lines are chaotic, and it seems that the main funds are testing the main chains. In the past week, it has been BCH, ETH, LTC, SOL, and others taking turns testing the waters. No main line has emerged. After the major main chains have been tested, it will rotate to smaller main chains, such as TIA, which may lead to a wave of market activity.
The continuity of leading coins is not that strong; the main players choose one-night stands, at most a two-day pattern. Therefore, strategically, we need to keep up, focusing on guerrilla tactics, finishing daily tasks on the same day. When ETH/BTC stabilizes completely, the bull market for altcoins will come; at that time, we, as altcoin swing traders, will make big profits. Before that, we choose tactical retreat and guerrilla strategies, and then we will choose battlefield battles and prolonged wars!
It is now a little past 8 AM, and I haven't seen good targets. The only one is GLM, which I held all day yesterday but did not rise. I woke up early today, and after dropping off my child, I just happened to see a buying point. I went in with profit, so I'll make sure to secure my capital. Waiting for the wind to come!
Unfortunately, market sentiment is quite poor! Let's test the previous high!
If you also like long-term spot trading and short-term altcoins, please follow me, as I tend to talk a lot about trading!
