After Bitcoin reached a high of 73,777 on March 13, it has been fluctuating sideways at a high level for 48 days. In the fluctuation range, the prices of many altcoins have been halved. From the K-line pattern, the trends of altcoins are similar and are in a second bottoming stage. Most of the altcoin spot strategies we have recently given have already taken profits and left the market. A small number of them are still holding positions. These altcoins have not set stop losses. First of all, Bitcoin 60,000 is definitely a very important support position. If it can hold up, the altcoin will usher in a large-scale rebound. If it can't hold up, the second bottoming of the altcoin will no longer exist. , which is a downward relay, and the altcoin will continue to test the bottom. But this possibility is small, because the possibility of Bitcoin falling below 60,000 is objective, so: I personally think that the most important thing for partners who currently have altcoin positions is to manage their positions. The altcoin spot should not exceed 20% of their total funds, and BTC and ETH account for 30%. In this way, it is in a half-position state, which is offensive and defensive.

Tomorrow is the May Day holiday, and we will have a 5-day holiday. During the holiday, if there are good trading opportunities, they will still be released. Finally, I wish you all a happy holiday and get rich soon!