This round of bull market is much more difficult than 519 and 312. In the last round of bull market, as long as you buy in when there is a big drop, you can pull it to the original high in two or three days. There are many altcoins that are pulled up mindlessly, such as shib, people, Solana, luna, avax, and gala in the last round. There are crazy rotations between sectors, mainstream altcoins are flying together, and the wealth-creating effect is strong. In this wave of bull market, only the meme series is decent, and it is currently falling. It was promised to be the first year of AI, but the AI sector died the fastest, the RAW sector was short-lived, and other altcoins basically fell back into the bear market. Bitcoin and Solana are still barely acceptable. Ethereum has been pulled down to the point where there is no faith in high leverage liquidation, but the rebound is not strong. Let alone 100x coins in this round, there are very few 10x coins. It is very difficult to participate, so choosing the variety is king! Starting from March, there will be a waterfall market basically every month. As long as you can avoid it, at least there will be no liquidation and big losses. Even if you make less or no profit, you can survive in the market, but it is estimated that few people can do it.
August started with a fatal start. The global economic liquidity crisis and panic will spread equally to any market and any trader. So after my big pie long order broke the 60,000 stop loss, it is difficult to share the market view. I don’t know if it is brewing a big one. I feel that I still need to be vigilant at all times. If I can’t participate, I will try not to be stubborn, especially for contracts. It’s good to keep bullets for spot. At least there is still hope for spot. If the contract is gone, it’s really gone. If you can’t control your hands, you will face the risk of being beaten. If you make a mistake, stop loss in time to avoid being beaten. If you are afraid of losses and beatings, wait for opportunities!
Market view: 15F small-level rebound + oversold rebound, see 5.7-5.9 range under pressure, large-level has not bottomed out, the rebound direction should continue to fall after the pressure $BTC