What should we pay attention to now?
You must be clear about the following 7 points
1. Bitcoin cannot be called a retracement now, it can only be called a stage where the upward trend turns into a volatile trend, and it is at a small level;
2. The trend of altcoins here will be differentiated and independent, not necessarily with Bitcoin, but it is not easy to catch the altcoin market at this time, because there are too many currencies and you don’t know which one he will pull today and which one he will pull tomorrow;
3. So the strategy here is the one that has been ambushed before. If there is a pull-up, gradually stop profit or set a protective stop profit; if you haven’t ambushed before, you must be cautious in chasing highs;
4. Since the overall trend of Bitcoin is still upward, ambush some optimistic "main line tasks" that have undergone a large correction. "Service" is a good bullish strategy;
5. If you are bolder, you can try to short some altcoins with obvious top structures, but pay attention that it must be a structure of 4H or above, otherwise the stability is too poor. At this stage, it is very likely to give you a 4-12H hour level similar to the top relay;
6. In this market, no one can give you a definite answer, so either believe in your own vision, or blindly follow some bloggers with higher cognition, place a bet, and then be willing to accept the loss. Don't be a giant baby, don't be a crying monster, this will not have any benefits except showing that you are not good;
7. Remember the three elements of getting rich quickly: early, heavy position, and hold.
I will share more market suggestions and strategies in the chat room from time to time
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