Everyone is afraid of the market falling sharply like this, but that's the rule.
No one ever invests without experiencing a negative account.
My account is also in the red, not much different from yours. Markets can change, but I find it hard to change retail investor psychology, and when prices rise sharply, there is still fear of FUD and FOMO.
The above chart shows that most of the waves increase from 16K to 73K, and each adjustment of $BTC only adjusts about 20%-25%, and there will be a rebound.
I know you're very scared and confused. But in the second quarter, most of the time, the market will have such a pretty boring scene.
Dump-Rampage-Slight Recovery-Strong Dump-Recovery-Rampage Altcoin Bleeding -> Dump Again
At this point, BTC is still 50% below its all-time high.
This really shows how intense the market is before the halving.
To me, this still feels like 2019. The market also got hot then and then cooled off for 6-9 months.
For those who dare to keep the goods, there will be no problem during Q3-Q4.
Try to make money to buy more things, at this time, you should balance external cash flow and investment!
When will it rebound? Wu Menli Free Flight Near 1816425885 Attack Medium: Tudou Talk Coin
The Federal Open Market Committee (FOMC) meeting will be held at 2 am, but it may not have much impact.
Based on previous observations, if prices fall before important news, there is a high probability of a rebound after the news.
$BTC will usually recover if it falls ~25% from the peak = same drop as last correction.
This afternoon when $BTC hit 56K I observed most altcoins falling by the same amount as $BTC = notice what happened, if $BTC rebounds, altcoins will also rebound.
Focus on rebound tokens
When BTC goes up, it is first of all Bitcoin Layer2 that has a positive impact on it.
When ETH goes up, $ens $ethfi $omni $alt
The upside for $renzo and Eigenlayer will be severely impacted.
In order for layer2 to be able to accompany, ETH must be maintained at a certain quantity and price, then we can have hope for layer2.
The narrative trade appears to have continued this year.
That’s why the DePin, RWA, Ai, memecoins narrative may become popular again during the year.
It is necessary to pay close attention to the important progress among Layer1:
$sei migrated to mainnet v2
The Layer1 AI network in $ankr is on the Neurai testnet, which could create hype when $ankr moves to the mainnet.
The $mina berkeley upgrade is also in June, which is also very important.
$BTC #5月市场关键事件 #BTC下跌分析
This article provides information based on personal opinions only.
