Is the ETH market volatility at the bottom?
Many people think the pullback should be over, right? Can we buy the dip now? Please do not easily open a position. In past bull markets, there would usually be a significant drop of over 20%, but now it's only about 10%, with ETH at 16%. In this bull market, ETH has been unusually weak. After breaking out of the AMD pattern, I expect it will continue to consolidate. 2800 ~ 3000 are both great ambush positions; at least I believe these are actionable levels.
BTC seems to have a kind of tempting feeling for the moment. The possibility of reaching 8 is still quite high. Positions like 92600 and 86400 are still good choices for buying. As for short positions, I suggest playing with a small amount, since Bitcoin has always been in an upward channel, and there is still a possibility of a rebound anytime.
The entire altcoin sector is even more unbearable to watch, with the meme sector experiencing a massive correction. For now, I won't touch these. Recently, I will also do some ultra-short positions on Bitcoin and ETH, short and long, to help everyone recover their losses.
If you don’t know how to filter strong coins, then I suggest you check my homepage, follow my public account, and join the group.
