After the bottom touched the MA120 support, it quickly rebounded to the $64,000 pressure level and started the oscillation mode. In the next one or two months, it will be mainly range oscillation, focusing on $60,000 and $70,000.
So there is no need to be excited when it goes up, and it will fall again. There is no need to be angry when it falls, after all, it will go up again. I think everyone should be very clear about the trading strategy of range oscillation.
Don't blindly take over the new currency sector. Many projects are shipped as soon as they go online, especially those on BN. They are all highly valued. They have basically been falling after going online. If you want to buy, you have to wait until the bottom appears before considering it. Many projects are online and easily cash out hundreds of millions of dollars. The project parties have already eaten their fill, and the yacht beauties have gone. Will there be motivation to make trouble? When the money is spent, continue to issue coins and harvest another wave. Many projects are operated by the same group of people behind them. I don’t need to say more about the details!
Perhaps this is the real reason why retail investors like to play Tugou MEME. This is a harvesting game in itself. Instead of doing this, it is better to take a small risk and look for a hundred-fold opportunity in MEME! ! ! Important reminder: MEME is extremely risky and is only suitable for small investments with big returns. Large funds should be invested mainly in BTC and high-quality public chains.