Is the appreciation of the US dollar a suppression of gold and Bitcoin?

BTC is still fluctuating in the range. The correction from the high this time is close to 12%. For a sub-level correction of 33%, it is normal. Now the main consideration is the oversold situation of the altcoin. As for the Fed's rate cut from three times to one, it is only a major macro-control. The final result is the appreciation of the U.S. dollar, which is a suppression of gold (I said yesterday that the most effective way for the United States to depreciate the dollar is to let gold appreciate. On the contrary, the appreciation of the dollar is a suppression of gold). It has little impact on the entire BTC market.

If there is an impact, it is also an impact on time-sensitive funds. Many altcoins are not free funds. The source of funds is loan sharks. There is a time limit. The operation must be completed at the corresponding time, and then the gap is filled. This will cause some altcoins to have some irrational market conditions, skyrocketing and plummeting. The past EOS is a good example. It is not operated by its own funds. After a wave of market conditions, shareholders are paid dividends, and there is no follow-up.

In general, the currencies that led the decline of the entire market are ETH and the currencies of its corresponding sectors. The subsequent market trend will stop or fall depending on its pace. If it stops, the altcoins will stop as well. For altcoins, it has reached an oversold state at this moment. Oversold is an irrational state. This is not the time to look at key points, but to see is to believe.

The longer you are in this market, the deeper you will find the water here. I don’t know if it is because my thoughts have become rigid, or I have become conservative, or I have begun to respect the market. All operations are based on the first profit, and there will be subsequent 2/3/4/5. There are fewer and fewer things to do about bottom-fishing and picking up bargains. Only things within the system are done. Whether the waterfall is hyped or not depends on luck. The current market does not favor the Eastern market. Every wash occurs between 1-5 am, so don’t expect to pick it up.

When it comes to trading, do your own part and don't worry about a market shakeout. For example, your maximum investment in a currency should not exceed 20%, and you should also choose strong currencies. Then, you can just ignore the ups and downs and watch the market go up and down.To do this, first of all, don't put your emotions into it. When you see such a big rebound, you regret not speculating to the bottom; when you see such a big drop, you regret not stopping loss and leaving the market earlier. This is digging a hole for yourself. Imagine the Luna incident that year. How many greedy people were buried?

Think about the current BTC and Sol that have been breaking highs. In the past, how many people stopped loss and left the market because they felt that it was falling. Many people stopped loss and left the market and never got on this high-speed train again. Everything is within the system, so don't waver. People should not be too greedy, nor too short-sighted. After all, you still have to have character. After all, there is no coin in the market that is too high to buy; there is also no coin that is too low to sell. What you deal with is character, and what the market ultimately competes on is character.

Finally: No matter what the market is, if you sell your chips in a big wash, you must sell them at the cheapest price. Waiting for it will never be this price. It may be more expensive in the future. This is just a short process.