"Seize the opportunity of market rebound, WiFi has unlimited potential"
Seeing the price of Wif, you want to increase your position and buy the bottom. You can take a look at Tucker's analysis, which may be helpful.
From what we just saw, the 4-hour line of the big cake has stood on the middle track, and the price has also recovered above 56,000, temporarily stopping the downward trend. It is a relatively successful rebound, but not a reversal, because Dezi transferred another 1,000 big cakes today and disappeared. Pay attention to the risks to prevent being shot coldly. Once sold, the market will inevitably panic again.
In this environment, WIF is also hard to escape. Although it sometimes has advantages, investors need to be sober. The market volatility has caused frequent and unpredictable price fluctuations. The price of WIF may rise or fall sharply in a short period of time, making investment decisions difficult. It seems that the bottom has been reached, but it may also be reversed instantly.
Germany transferred 1,000 bitcoins, which is not much in itself, but once the sell-off causes panic, there will be a stampede in the market, and the ones who will be hurt are still the cottages. If the big bitcoin drops 10 points, it will be able to recover in a few days. If the big bitcoin drops 10 points, the cottages will bottom out at least 30 points. When the big bitcoin recovers the decline, can the cottages recover the decline?
In short, for this kind of volatile market, we need to be highly vigilant: Don't be confused by short-term price fluctuations, be extra cautious. The cryptocurrency market is full of challenges and risks. It is better to miss the opportunity than to put yourself in risk.
