Two reasons for the decline at the beginning of October
1: Iran raided Israel,
2: Fed's old Powell came out to be hawkish again
The Fed's interest rate cut policy will help ease the market's tensions, and the market will not continue to fall. If you already hold some spot assets and are stuck, the current advice is to hold them patiently, adjust your mentality, and wait for the market to pick up.
From a macro perspective, unless the war situation deteriorates further, the cryptocurrency market is likely to return to its original bullish trend. For investors holding spot, diversification is a sound strategy. Investors who use leverage or contract trading should be more cautious and consider tentatively buying long orders on a small scale, and pay close attention to changes in the situation and adjust their positions in time.
If the war does not expand, the market is expected to rebound in the short term, which provides investors with an opportunity to adjust their positions. Pay attention to official statements from relevant parties to understand the latest developments. Although the war may bring short-term fluctuations, in the long run, the bull market trend is not expected to change. Overall, under the premise of non-proliferation of war, the market's repair will be dominated by bulls.