Maintain a rational attitude, strictly implement investment strategies, and avoid blind optimism.
In bottom-fishing operations, I usually divide my funds into two parts:
One half is used for left-side trading, which involves gradually buying in as prices fall, until reaching the psychological limit of tolerance;
The other half is used for right-side trading, which means waiting for the market to show upward momentum signals or to form higher peaks and higher troughs, then buying during pullbacks.
One should avoid being afraid to buy during declines, while eagerly chasing after a few percentage points of short-term market rises, as this practice can easily lead to frequent being trapped.
Currently, Bitcoin and altcoin markets are showing divergence, but overall, the cryptocurrency market is still dominated by Bitcoin. If Bitcoin does not perform strongly, the sustainability of altcoin rallies will be questionable. This can be seen as a rebound from overselling, or as main funds adjusting the cost of shares.
The market often experiences the following process: falling to the bottom and waiting for Bitcoin to perform → Bitcoin does not fall → Bitcoin falls → altcoins follow the decline → Bitcoin has not fallen to the bottom → altcoins rally to defend and wait.
Last night's rally made me feel that the funds in altcoins are starting to become active.
I believe that the current market is still in a state of fluctuation, but is gradually developing in a positive direction.
In the upcoming layout direction, I will work with everyone to aim for high-profit opportunities in altcoins, especially those projects with great potential, with an expected range of over 10 times being quite feasible. If you want to make big money in a bull market, click on my homepage +, and I'll guide you through the entire bull market for free! #BTCNextMove #BinanceAlphaAlert