《Market panic----Pepe continues to cover positions》
At 10 o'clock last night, the big pie pierced the dreams of many people with a big needle. It has not stabilized until now. The current support level is around 57,800, and the pressure level is around 59,000. From the daily line, the big pie has been falling for a whole week.
PEPE We entered the first position at around 0.00000870, and covered the position at around 0.00000810. Now we can cover the position again at the current price of 0.00000740. The average price after covering the position is around 0.000008. Wait patiently for a rebound.
The market will not fall or rise all the time. We should sell in batches when the market rises and buy in batches when the market falls.
Many people operate in the opposite way. If the price falls, they choose to sell at a loss for fear of further falling. If the price rises, they buy at the current price for fear of missing out on the market, which leads to the price rising again after selling at a loss. After buying, the price starts to fall again. Remember one sentence: buy when no one cares and sell when there are many people.
