At 6:30 in the morning, the price of Bitcoin (Big Cake) fell below 93,000, causing many investors to feel anxious and fear that the bull market may come to an abrupt end.

However, there is actually no need for concern; the current market trend is still showing very positive signs. Bitcoin's ETF is still in the process of continuous capital inflow, and it is important not to overlook that the interest rate cut cycle is still underway.

Regardless of the longer-term situation, there will be another interest rate cut operation on the 18th of next month.

For the time being, for spot investors, the key is to carefully select high-quality investment varieties, and then adhere to the core strategy of "holding on" without getting overly entangled in other trivial matters.

For another type of investor, the low buy strategy should be dominant; one should not stubbornly act as the short seller. This is because the profits from short selling are relatively limited, and there is a considerable risk of liquidation, making it truly unnecessary to take this risk.

As for how to filter for high-quality and valuable altcoins, please make sure to like, pay close attention, bookmark in time, and actively share.

Taking Dogecoin (Doge) as an example to analyze the trend, due to Musk's support and strong promotion, the market has also started to hype, thus continuously attracting traffic and capital influx, and the price of Dogecoin naturally rises as a result.

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