Bitcoin fell back, and altcoins fell together. The market is currently undergoing a major adjustment. Is this a crisis or an opportunity? Let's take a look.
From a technical perspective, this pullback is not a short-term fluctuation, but a real adjustment period of the market. For novice investors like us, we have to be slow in bottom-fishing, don't put all the pressure on it at once, and build positions slowly, so as to reduce risks.
The current market support points are about 62,000 and 60,000, while the pressure points are 65,000, 64,000 and 67,900 respectively. On the altcoin side, currencies such as sol, pepe, bome and doge have fallen badly.
However, we also have to understand that the market is always changing, and opportunities and risks coexist. In the bull market, steady and steady is the hard truth. You have to ensure the safety of your investment in order to gain a firm foothold in the big waves of the market.
Bitcoin has pulled back, altcoins have fallen across the board, and market adjustments are common. We newbies have to keep a clear head, be careful when buying at the bottom, and invest steadily. When the opportunity comes, we will act decisively and grasp the pulse of the market.
The crypto market experienced a 413 plunge, and altcoins generally pulled back by 50%-80%. Many fans' assets were halved. I was also deeply saddened and regretful. Next, I anchored a blood recovery target on OKX. According to personal information, market makers entered the market and prepared to make market value, starting at 30%. Hesitation will lead to failure!
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