In the current market, we do not need to worry too much about short-term price fluctuations, but should remain calm and operate according to the strategies we have formulated. Especially spot investors should avoid selling chips to avoid missing out on profits. Just hold your position and wait for the end of the year to harvest more.
Observing the trend of the Nasdaq yesterday, it touched the 120-day moving average and showed a strong rebound. In comparison, Bitcoin is also relatively strong, while altcoins are currently lacking liquidity and have experienced a pin-shaped pullback. Similar situations are likely to occur in most altcoins, so we should not try to buy the bottom against the trend with a gambling mentality. According to technical analysis, ARB's upper pressure is around 1.02, and the lower support is at 0.98, followed by 0.95. In the short term, the probability of a rebound is high, but as mentioned earlier, the rebound is only an opportunity to take profits, and it is possible to fall back to around 0.95 again, because Bitcoin has not tested the previous lows, and Ethereum has not tested the support level near 1600.$ETH 
The current bullish forces may be weakened, and they need to recharge before launching an attack. Trends need time to adjust. In addition, it must be mentioned that the trend of OP has been very strong in recent days, but the unlocking period will come at the end of the month, so the short-term strong trend is just to have enough room for a fall back later. If you want to ambush OP, you can wait for the unlocking period before entering the market, and the timing will not be too late. $OP
As for the future trend of the cryptocurrency circle, according to the iceberg principle, the market situation is determined by known information and unknown information. All market conditions are price fluctuations, and the price is determined by buyers and sellers based on the information they have. Many people think that the current price of Bitcoin is too high and dare not buy it, which shows that they do not have the unknown information of the current price. Similarly, there are many people who think that the price of Bitcoin is low and can be bought, but this also means that they cannot grasp the unknown information of the market. If you think the price is underestimated, it means that you definitely do not have other unknown information. This shows that people can never accurately grasp the unknown information of the market, so no one can predict the trend of currency prices.
Whether judging by candlestick charts, technical indicators or other tools, if you do not have unknown information about future prices, you will never be able to predict market trends. This is very important. People standing on a boat cannot know how big the iceberg floating on the sea is.
Investments are uncertain, just accept that. The reason why I bought in full early is that I kept my money in the bank, which was significantly less than the annual interest rate of 4%. If I buy Bitcoin, then at least I can outperform the bank and resist inflation. Of course, this will take several years to verify. If Bitcoin and other mainstream digital assets cannot outperform inflation and bank interest, then the problem lies in my understanding of the industry. I believe in my own judgment, buy calmly, and feel at ease being an ordinary worker, not expecting to get rich overnight. Life just passed by like this, I don't have the ability to get rich, there is no way.
If you want to buy assets, you must first learn to compare and find a reference. Because the stock of money will eventually decrease, only the incremental people can maintain it under a certain rule, and this rule will make you spend the stock of money. Therefore, I choose to actively invest in big cakes, support big cakes, and turn the stock into a higher probability of incremental money, so that I feel at ease.
Therefore, it doesn't make much sense to be bullish or bearish on the price. I choose to be optimistic about the long-term future of Bitcoin and believe that Bitcoin can reach a price of $100,000, $150,000 or even $300,000 in the future. Based on my knowledge, I bought Bitcoin early. I bought it during the bear market, even if the price is slightly higher, it doesn't matter. If the bull market in this industry can't make me money, it's not my problem, but the failure of the entire industry.
I can do this because I am not greedy and do not demand the lowest price for myself. I am not panicky and anxious when I see the price drop. I can't wait to buy when I see the price soar, fearing that I will miss the opportunity. As an investor who has experienced two cycles, these small setbacks are nothing. Your calmness now is the quality that can make you rich in the bull market.
