After #美联储何时降息? fell in the middle of the night two days ago, I took a look and found that many altcoins have reached the previous low point of the daily line, which is the low point of the daily line around April 13. The weaker altcoins have created a new low. At present, many altcoins have also reached the support. Is there anyone like me who thinks that it has reached the daily support. At this time, I will buy the bottom and wait for a rebound? The suggestion here is that it is feasible to build a long position for the coins that are optimistic, but it is not recommended to go all in. It is more stable to wait for a certain bottoming out or an increase before adding positions.
The CPI data will be released on June 12 next Wednesday. If the data is good and inflation decreases, the market can rise. If the data is not good, you have to worry about falling again. Conservative traders can wait for the data to be released before considering whether to build a position.
It is just a personal opinion, without any investment advice.