Liang Xi's analysis is very accurate, you can pay more attention to it.
Currently, the volatility of Bitcoin (BTC) is very low, and the altcoins are falling every day and remain at one position. It is recommended to observe the closing situation of this week first. In this market, it is recommended that you take a break and do not operate frequently to avoid increased wear and tear.
Bitcoin (BTC):
Current trend: four-hour level short trend.
Key support: $66,500. If it cannot be maintained, it will go to the strong support near $65,000-$64,500 on the middle track.
Altcoins:
Many altcoins have fallen below the previous lows, and strong currencies are rebounding and hovering near the previous lows.
At present, it is necessary to wait for the market to move in a clear direction, or to reach a turning point before intervening to increase the profit and loss ratio.
The current price and situation of altcoins show that they are at the low point of the daily bottoming stage, and the market sentiment is low.
Operation suggestions:
Short-term: No operation is required, avoid frequent trading.
Long-term: Hold patiently and wait for a clear opportunity before notifying the selection of coins to buy.
This kind of negative trend may be a turning point for the big market, similar to the trend of Bitcoin falling from $20,000 to $15,000 in 2023. Don't surrender at the last moment, wait for my notification if you have a position.
