Bottom-fishing strategy recommendation.
Before talking about bottom-fishing, we must first clarify two issues. First, is this round of decline another 312? Second, how to understand the rebound of the US stock market after it opened last night.
First. This round of decline is not the same as 312 in essence. The epidemic in 2020 is a super black swan. No one knows the subsequent development of the epidemic, which is completely uncontrollable. Will the epidemic last for ten years? How much damage will it cause to the economy? Will it destroy humanity at the extreme point, etc. So the market crash on 312 is completely reasonable, with retail investors and institutions rushing to run and the market trampling.
And this decline is based on the deleveraging of global stock markets after the yen rate hike, as well as the recession expectations of the previous two days, which are all within the scope of Wall Street investment banks. Unless the Third World War really breaks out, it is difficult to see a crash like 312 again. 312 is more about creating panic.
Second. The market began to rebound after the opening of the US stock market last night. We say that even if an iron ball is thrown from the building, it will rebound. The current rebound can be said to be a natural reaction of the market. It is a rebound but not a reversal. It is definitely irrational to bottom-fish with all positions now. Especially for cottages, if they fall by 50%, they can fall another 50%. Don't forget how you were beaten before just because you rebounded by 10%.
In summary, this round of decline is not 312, so there is no need to panic, but the market has not reversed yet, so don't blindly buy the bottom.
My bottom-fishing strategy is to use BTC ETH SOL as the first-tier bottom-fishing target. The next market is likely to fluctuate, or there will be a second wave of sell-offs. After observing the support level, use a small wave of positions to bottom-fish these three in batches, and don't be afraid of zeroing.
Don't touch cottages, don't forget how cottages were ravaged in this cycle! Cottages have no bottom.
After this big adjustment, it usually takes 1 to 3 months of fluctuations. After the upward trend is fully revealed, we will use more positions to bottom-fish. High-quality cottages can be observed. Cottages that have increased in volume will observe the strength of the support level during the callback and wait for an opportunity to enter. Cottages can only be on the right side.
