These few days are really bloody. Bitcoin is just a normal mid-term fluctuation. The decline is not very large, and it has not broken the low of 60,000 in the last adjustment. The copycat has been cut in half. This is still a new understanding of the currency circle. The decline of the copycat is almost the same as the decline of 519 in the last bull market. The day before yesterday, when Iran attacked Israel, Bitcoin was wiped out. If this is a negative news, then the biggest negative news came out. Bitcoin has not broken the price of 60,000, so it is basically difficult to go down to 60,000 in the future.

BTC: On the chart, if you cover your ears and only look at the chart, Bitcoin is currently in a mid-term adjustment, and the adjustment remains within the range of fluctuations (60,000 to 72,000). No matter how the market speculates or fears, Bitcoin is an opportunity to open more near 60,000 and a condition for building a position. The long-term moving average in the daily chart maintains a perfect upward trend. After the mid-term fluctuation, it continues to be bullish. In the short term (today), it may test around 64,600 again today and then continue to rebound. In fact, Bitcoin returned to the low of the range in the past two days, and then it will fluctuate back to the high of the range at 72,000.

ETH: Ethereum is still down, but the low adjustment is maintained on the 120-day moving average. In fact, when the price of Ethereum reaches the 120-day moving average, it is an opportunity to open more and a rare opportunity, but it has been missed now. It is estimated that it will be difficult to return to the 120-day moving average. However, it is not too late today. When the price has the opportunity to reach around 3030, it is still an opportunity to open more, and contracts are also OK.

Strategy: The big bitcoin is in normal consolidation, while the altcoin is cut in half, which is a bit shitty, but it has already happened, and there is no need to say anything now. However, after the baptism of the past few days, the altcoin’s contracts have been basically cleaned up, and some people in the spot market may have sold their shares out of panic, which I think is a pity. This may have been sold at a low level. The altcoin has been an opportunity to take advantage of the market in the past two days (there is no way to do it without funds), but the fact is the opportunity. As I said yesterday, there is money everywhere, you can pick it up casually and make money by doing anything. If the big bitcoin comes back, it will be easy for the altcoin to pull up.