【★Has Bitcoin fallen to the right level? Beware of the start of the sixth Middle East war, squids 🐶 will bomb our wallets again, and Bitcoin will crash again】
The main force behind yesterday's crash was undoubtedly Grayscale. Grayscale smashed more than 4,800 Bitcoins in three days. Grayscale's current holdings have dropped to around 27,600.
Bitcoin hit 58,200 this morning, which was a bit sudden. I personally opened a long position at 59,200 and didn't get to the bottom.
Bitcoin crashed crazily yesterday, and many cottages stopped falling. It is judged that the stage bottom has come. (The previous post judged that Bitcoin fluctuated in the range of 56,500-63,500 for a period of time)
Considering that the sixth Middle East war is imminent, Bitcoin may bottom out again. It is judged that it is not the final bottom yet. hanfeng16890
In this wave of rebound, Bitcoin's pressure level is 62,500-63,500. If you still have bullets, you can cover your position when it falls.
At present, it is still observed that the ONDO coin held by individuals is relatively strong and has not broken 1. When it returns to around 1.05, you can exchange some unmoved coins to go back. Other coins that you are optimistic about can be replenished when they fall. The recommendation is still the leading UNI\RNDR/PEPE.
In the past few days, many partners have left me messages, is there no bull market?
There is no need to worry about this. At present, many coins are being washed and sucked up by the dealers. The left and right hands are swapping and washing and smashing the market to lure retail investors to lose chips. The dealers' holdings of coins have generally increased. The bull market is in the fourth quarter. After the washing, various coins will still be pulled randomly, and there will be more than 10 times of coins.
At present, the big cake is still a small bull with a target of 85,000-95,000 to complete the first stage (Grayscale has not stopped smashing the market, and it is estimated that the shock period will last for 2 months).
The altcoins judged earlier have entered a technical bear market (in terms of stocks, stocks generally fall by 20%, and the currency circle falls by 40%). After this wave of washing, the pull will only be more intense. If there is still room for manipulators, you can choose to replenish your positions or copy the leading coins in the sector.
Our goal of holding the coins and buying at the bottom is still to double the capital or get 80% of the profit.