Don't be blindly optimistic, identify and implement strategies
I usually divide my funds into two parts when bottom-fishing: half for the left side and half for the right side;
The left side is about buying more as prices drop, stopping when reaching psychological limits; the right side is about waiting for upward momentum or higher highs and higher lows, then buying on the pullback.
Instead of not buying when prices drop, rushing to jump in when prices rise a few points like yesterday, which makes it easy to be repeatedly cut.
#BTC and altcoin markets are showing divergence, but overall, the cryptocurrency market still needs to pay attention to Bitcoin. If Bitcoin doesn't strengthen, the sustainability of altcoin rallies is yet to be observed; you can understand it as a rebound from an oversold condition or as major funds controlling the average cost of chips. Waiting for Bitcoin to hit bottom → Bitcoin hasn't dropped yet → Bitcoin dropped → Following the drop → Bitcoin hasn't hit the target yet → Altcoins make a price defense while waiting.
However, last night's surge gave me a strong feeling that altcoin funds are starting to stir.
I believe: the market is generally still in a state of fluctuation, but it seems to be leaning towards a better direction.
#币安Alpha公布第5批项目 #BinanceLabs投资Usual #本周微策略是否继续增持BTC? #比特币战略储备 #市场调整後的机会?