In a bull market, many investors are prone to chasing the opportunity of skyrocketing coins, but blindly chasing the rise may lead to being stuck at high positions or missing the entire bull market. In the repeated washing of the BTC market, in addition to waiting hard, how should we deal with it? In fact, the market in the currency circle has 20% one-sided market and 80% volatile market. Few sectors or currencies will continue to rise, so we will face volatile market most of the time in trading. Therefore, we need to have a set of suitable response strategies!

Although the bull market is generally rising, the hype is still centered on the sector.

When a coin soars, it will drive the hype of its sector. Therefore, we can seize the opportunity of sector rotation and follow up on hot spots in time.

In addition, for volatile markets, we can adopt the strategy of band operation to seize short-term gains and losses.

At the same time, you can also pay attention to the hot information and events in the market, adjust the trading strategy in time, and grasp the market trend.

In the bull market, stay rational, avoid blindly following the trend, and have a clear plan and stop-loss strategy for every transaction to better cope with market fluctuations.

The bull market in the cryptocurrency world brings both risks and opportunities. We need to respond with caution in order to gain more benefits in the bull market.