After reaching the position of 108400, the big cake began to fall continuously. Slightly rising instead of sideways consolidation, waiting for the direction to choose to suck blood and pull the market, be wary of stepping back. In fact, as long as it is not a sharp drop, the current decline of a few points is good for the development of the long bull market of the entire market. After all, some profit-taking plates need to realize profits. If you are still liquidated after falling by these points, you really need to think about your trading strategy.
If you can't learn from the liquidation, it will continue to explode later. Don't open a contract. It is not appropriate to open a contract at this point. How will the market develop next and what is the initial signal of stopping the decline can be discussed. Note that this article is only a personal review and does not constitute any investment advice. Click to follow and read it every day.
There is no large-scale fundamentals for Bitcoin. Yesterday, the King of Understanding also called for good news, and institutions are also continuing to increase their holdings. It is expected to consolidate around 100,000. In the long run, it will continue to rise. The continuous decline is also without volume. It can be regarded as continuing to consolidate in this range. All the increases must be consolidated before moving to the next step. On this basis, if you can get below 100,000, you can enter the spot market in batches, and continue to receive 85,000. $BNB is predicted to fluctuate around 700. This is suitable for grid trading. Ethereum is correcting and consolidating, and the correction is also caused by Bitcoin, so there is nothing strange. In the short term, as long as Bitcoin does not cheat people, Ethereum $ETH will definitely continue to rise. Below 3,700 is actually very suitable for small-scale long-term fixed investment. When it returns to above 4,000, those who are timid can sell some and wait for a correction. Dogecoin $Doge has been mentioned before. As long as there is no old horse shouting, it will fall. Coins with too many human interference factors are difficult to operate. At least it will fall well recently. There is still a chance to rise in January.