How can we seize the market trends in the next month to turn losses into profits?
1. The current market is quite volatile, so friends dealing with spot trading should pay special attention to every sharp decline. When Bitcoin experiences a significant drop, check the hourly chart; if it falls rapidly, it's likely that the market makers are driving the price down to create panic. At this time, don't panic; enter the market gradually in batches.
2. The prices of altcoins have been dropping lower and lower, with many cryptocurrencies returning to their previous price ranges. There's not much room for further declines. At this moment, seize the opportunity to accumulate low-priced assets and patiently wait for the funds to flow out of Bitcoin. Once the funds exit and Bitcoin reaches its peak, altcoins are set to soar, and doubling in a day is not impossible.
3. In the recent market, everyone should learn to be patient. Once the market experiences a sharp decline or a spike down, it's a good time to buy more. This trading strategy is the mainstream approach in today's market; remember to be prepared and build positions alongside the market makers.
4. Finally, avoid entering the market with your entire capital at once. Remember a mantra: buy a little on small dips, buy a lot on big dips, don’t buy if it doesn’t dip; sell a little on small rises, sell a lot on big rises, don’t sell if it doesn’t rise. As long as we don’t chase highs, we can transform from 'chives' into 'scythes'.