Last week, due to the panic in the market, some friends kept asking me whether to sell first. I said I don’t recommend it. Those who have positions can increase their positions. They must take short-term profits and don’t double down on the surface of the market.
In such a situation, if you can’t hold on, you will definitely suffer a big loss. Holding on is definitely the best!
From the data on the chain
The stablecoin stock in the exchange has begun to rebound
BTC in Binance shows an outflow trend
Mentougou’s shipments are almost finished
Next, let’s look at the CPI data at 8:30 tomorrow night
It is likely to be positive, and even if there is a negative, it will at most be a pin
The current situation is
The US economy is in a slight recession, interest rate cuts are imminent + Mentougou’s selling pressure is digested
Unsure about the short-term band, looking for a long-term profitable plan: hold on and wait for the rise