After the Bitcoin hit the 90,000 mark yesterday, it ushered in a wave of retracements, with the lowest reaching around 85,000, and the Ethereum around 3,200. The market funding rate remained high, and the bullish sentiment was high. A retracement was a good opportunity to build a position at a low point!
After all, the dog dealer has cultivated a little bit of sentiment with great difficulty. Before the goods bought at a low price are distributed to retail investors, a large retracement will not easily occur, especially for Bitcoin. After yesterday's wave of retracements, the market funding rate has also dropped a bit. A healthy rise is definitely not a continuous rise, so it is necessary to retrace and clean up the leverage!
Don't chase the rise and sell the fall, a big retracement is a good time to build a position! Don't wait for it to rise again, and then you can get in. It may be another stage high point.