In the current war and market turmoil, the price of Bitcoin almost fell below the psychologically important $60,000 mark. Following Iran's drone attack on Israel, the conflict between the two sides intensified, and the United States indicated that it would strengthen its support for Israel and may further intervene in this tense situation. As a result, the price of gold continued to rise, and many people transferred their funds to safe assets.
Because in the case of war and geopolitical tensions, the market may experience violent fluctuations, affecting investor sentiment. Safe haven assets such as virtual currencies and gold are usually favored by war and uncertainty, and price increases become a means of hedging risks. However, in this environment, high-risk cryptocurrency contract trading may bring huge losses.
It is recommended that everyone temporarily avoid participating in high-risk contract trading. Although the potential benefits of contract trading in the current market are huge, recent market fluctuations have caused many contract investors to shrink their assets overnight, and there is no need to take risks now. On the contrary, I suggest that you pay more attention to the allocation of the spot market now. The market decline also provides many copycats with buying opportunities. When you buy, other people's positions will recover their capital when the market rises in the future, and you have already made a profit. When others make a profit, you may have achieved the goal of turning over your position.
Here are some recommendations for the current spot market.
TIA: The rebound is quite fierce, 9.4 Buy order, position 5.5, target 12.8
ONDO: Current market price 0.76, can enter at current price, short-term target 0.85
ALT: Current market price 0.42, can enter at current price, target 0.69
ENA; Current market price 1.14, can enter at current price, long-term holding, short-term target 1.5
BOME: Current market price 0.0086, can enter at current price, medium-term holding to 1.2-1.4 is no problem, now has fallen to the opening price
MAGIC: Current market price 0.8, can enter at current price, there will be good news on April 22, short-term holding to get around 1.2
