BTC recent market view
After talking about my views on Bitcoin and altcoins yesterday
After waiting for the closing of the line on the 19th (8 this morning), it closed with a negative line, so my current views are as follows:
1. BTC began to pull back at the daily level
2. The spot of altcoins still cannot be bottomed out, at least we have to wait for a shock or W bottom, the level is at least 4H, preferably daily
3. The contract is mainly short-selling Bitcoin recently, and you can also lightly position new altcoins with strong trends, such as USUAL
4. If the floating loss of the contract is too large, you must cut your losses, don’t resist it, do a good job of hedging, reduce positions, etc. Don’t have any illusions about the currency with too large floating losses, don’t imagine the so-called leading pull-up, the leading pull-up must be under the condition of good market sentiment
Everyone, I believe that the bull market is at least still there, don’t rush to shoot your own bullets, even if you lose a lot, don’t be discouraged, do less operations, and slowly wait for the market to make money. I wish you all a happy life