Tomorrow's CPI data on Wednesday evening should boost the market. When weakness reaches its extreme, it turns strong. Those shorting should gradually enter at 1-3 resistance points above the market price, and avoid entering near the pinning position, as the low point of pinning is a false breakdown, which represents support, and a normal pullback won't easily reach that level.
This round of decline can determine the strength of the altcoins you hold:
Very Strong: 20% pullback, like SUI, ADA
Strong: 30% pullback, like RAY
Neutral: 50% pullback, like ALGO
Weak: 90% pullback, like TRX, CORE, RSR
The extent of the pullback directly reflects the market's confidence and resilience in the tokens, which is worth paying attention to.
In the crypto world, stay away from contracts and leverage! Don't fantasize that short-term trading can earn you living expenses or subsidize household costs, because over 90% of people can't make a living this way.
No one can avoid every downturn or consistently catch every upturn. Profits and losses coexist; only by persevering through this journey can you have the chance to reap true rewards! Even if Bitcoin reaches 100 million USD in the future, if you fall along the way, it will have nothing to do with you.
