The current situation on the disk:
With the data out of control last Friday, the expectation of interest rate cut was postponed, and market panic was inevitable. In the stage where liquidity is already very scarce, a certain number of selling orders can create a pit, and vice versa! Moreover, the pledge rate of cottages is very high, and a considerable proportion of cottage chip holders have made large pledge loans, which also led to the tragedy of chain liquidation in the cottage market when Waterloo began!
As for institutions, data shows that the average price of their current holdings is between 66,000 and 67,000 points. Unless there are special circumstances, killing one thousand enemies and losing eight hundred of your own has no meaning at the moment.
Therefore, the core reason why the current market is in such a tragic state is that the hype of market pessimism has led to retail investors taking the lead in selling their stocks, which has indirectly led to the decline of some currencies, and then caused a chain of liquidations in the lending market.
Should I cut my losses at this stage?
If you run away before the market falls, and run away again at this point, the short-term floating loss will really turn into a long-term real loss. When we try to lower our return expectations, you will find that you will feel a little better when the market falls.
The turning point of the short-term market will be determined after the CPI data comes out at 8 o'clock tonight and the Federal Reserve's interest rate meeting at 2 o'clock on Thursday morning. The CPI data may be roughly in line with expectations. The important thing is the interest rate meeting at 2 o'clock on Thursday. There is no big suspense about keeping the interest rate unchanged in June. The core is the dot plot released during the meeting, which will make a very objective public statement on the expectation of interest rate cuts in the second half of the year. Two interest rate cuts are in line with expectations, one is bad news, and three are good news. Therefore, as long as there is not a single interest rate cut, the short-term market will stop falling.
BTC
This position is critical at the moment. If the macro news is good tonight, the decline will most likely stop. Otherwise, a spike near 64,000 and 62,000 may occur. At present, we are paying attention to whether this position can form a fund accumulation. The price needs to rebound above 67,600 and fall back without hitting a new low. Otherwise, wait patiently!
ETH
Yesterday we said that it would fall below 3500, 3420 is the defense! Currently the price is touching around 3420, pay attention to the price reaction at this position to see if it can form a fund accumulation, and it can also allow a pin to reach 3380! Otherwise, wait patiently for the spot opportunity around 3280!
Optimize the quantitative strategy configuration plan:
Countermeasures for insufficient positions:
Suspend all strategies (to avoid locking the API), and set the strategy type to conservative or extreme!
If you have a spare position, you can transfer the spare position to the spot account!
If there are positions that are released, the strategy of the currency with large floating losses can be suspended first, so that the closed positions can be used to release positions with currencies with small floating losses more easily and profitably!
Seize the opportunity of market rebound, release the currency positions, and adjust and reduce the position ratio in time!
Start the sharding strategy as appropriate! (The number of shards refers to the first shard position average price. The closer it is to the current average price, the more appropriate it is)
In the current market, we can focus on implementing this practical technique (with good results):
1. After the strategy covers the 4th position, the strategy type can be adjusted to conservative!
2. When the 4th position of the strategy is closed with profit, adjust the strategy type to stable or volatile!
The information and data involved in this content are derived from publicly available materials, and we strive to be accurate and reliable, but we do not guarantee the accuracy and completeness of the information. The content does not constitute any investment advice, and you are solely responsible for investing based on it!
