The currency circle has experienced a sharp decline recently📉, and I feel like something is wrong, and there should be a big movement. 🆘
Many views believe that this decline is entirely due to Fed Powell's remarks, but this is not the case. For veterans in the currency circle, market corrections years ago are not an uncommon phenomenon. In the trading field, it is certainly necessary to pay attention to the news, but more importantly, it is more important to conduct in-depth analysis and judgment based on the actual market conditions.
In certain special periods, market sensitivity increases significantly. Powell's comments may only trigger brief market fluctuations, and then calm down. This correction is essentially the market's self-adjustment to excessive greed.
Trading should never be based on mere guesswork. Position data and the movements of large players on the chain are of great reference value. In the secondary market, only by keeping up with the big players can you gain a favorable situation.
Looking to the future, as Trump is about to take office, a series of favorable policies are expected to be introduced, which will undoubtedly create broad development space for many altcoins. Perhaps this is the major opportunity we have long expected, and the timing is just right.
Is it a good time to buy at the bottom? Wise people always reserve a way out at critical moments. To avoid serious damage, high-risk operations are not advisable. As a veteran in the currency circle said: stick to a sound strategy and just grasp a promising market trend is enough. Therefore, we should still maintain a steady and steady attitude and actively respond to market changes. After all, this decline may just be the market taking advantage of the trend to find opportunities to make adjustments easily.
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