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