Last night, the market plunged sharply, and I bought some new coins and recovered some losses... The reasons for choosing the target for bottom-fishing are included.

The strength and weakness of altcoins can be better seen in the plummeting market. For example, when the big cake rebounds, it rebounds more, and when the big cake goes sideways, it continues to rebound.

Some coins follow the decline but not the rise. At this time, go long on strong coins and short on weak coins.

In the rebound market, a very classic line drawing often appears. Every time it rebounds a little, a negative line will appear to step back to the previous level of structure. Sometimes after stepping on two or three steps, the latter step may be deeper than the former step, and the previous "break stop loss" order may be knocked out.

So if you interpret the rebound of the strategy in the box oscillation stage, you can set the stop loss to be slightly wider than the previous low. 👀 Near q1un + Wei: L20240098, (sharing an idea, not absolutely suitable for different situations)

Bottom-fishing FOXY, ULTI, W, ORDI recovered some blood, and the idea is not complicated.

FOXY

The total market value is still very low, less than 100 million US dollars, can you believe it? Linea TVL has been growing, and the circulation of top meme is only 30%, follow the trend.

ULTI

I see that some people are very confident in Dianyang + the structure can be gambled. When the big cake stops falling and goes sideways, the volatility is still large + the trading volume is high. I guess it is not necessary to follow the decline. In addition, the Dianyang project is really good at PUA. It is still in the routine until the listing of the coin, guiding most people to rush into OKX, temporarily closing the withdrawal, and then GATE opens high to pull the market... Such a ruthless dealer should have good chip control. It is a dealer that is gentle on the surface but very ruthless in reality.

W

It was relatively strong before the decline, and it was inserted into the daily level chip concentration area, with a narrow stop loss. In addition, I know that some Singaporean friends may be trapped in this coin and will soon get their money back. Copy their bottom hehe.

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