Why do we recommend contracts to focus on mainstream currencies such as Bitcoin? Because only mainstream currencies are the hot spots of this round of market conditions. Where there are hot spots, there will be traffic. Where there is traffic, there will be capital inflow, and the coins you increase will rise.
On the other hand, you can look at some local dog cottages, which have already fallen below the issue price, and have already reached the freezing point price, but there has never been any capital inflow.
Many people like to speculate on some old cottages, thinking that they have fallen too much, and even if they fall further, where can they fall.
But have you ever thought about why the fall is so outrageous? Since there is value, emotion and traffic, why does this coin keep fluctuating at the bottom?
Will people be willing to discard valuable things easily?
Will people be reluctant to maintain the consensus of things with consensus?
Will the project party be willing to drag the bottom of things with vision?
Right!
Since you are not optimistic, can you short it?
But it is not.
The rise and fall of altcoins are too outrageous. I think it is not cost-effective whether I go long or short. If I am asked to do altcoin contracts, I will only choose to go short. Although I am bearish, I will not enter the market casually. I also need to pay attention to a point and whether the sentiment of the coin is in place.
Let me talk about the altcoins that I am bearish on, and the altcoins that are more suitable for shorting.
I still give priority to the meme series, such as pepe. If I go short, I will go short some that have broken through new highs. Only when I break through new highs will there be fomo sentiment. Whether it is a callback or a shipment, there will be a falling market.
You can do it at 69500 for big cakes. If it breaks through 72000, you can add half of the position. The defense position is 73000-74000
You can go short at 3750 for Ethereum, add half of the position at 3900, and the defense position is 4000
Small funds will stop profit when they have profit, and large funds do not need to stop loss. You can defend and keep shorting
