Previously published a market analysis on RAY, and the market has now found its direction. Current position suggests spot trading; if you really want to trade contracts, you can wait for a pullback around 2.77 to enter a long position, with the potential for double returns.
【Warm Reminder】The reason for suggesting spot trading is that this product tends to be quite volatile, and newcomers may easily be scared off or stop-lossed due to poor position control in contracts.
★ The above analysis is for reference only and does not constitute investment advice. Investing involves risks; proceed with caution when entering the market. ★ Everyone is welcome to like and comment, and you can also follow for more real-time market analysis and financial news.
Market Pullback, Don't Panic, the Bulls are Still Here!
Recently, the cryptocurrency market has pulled back again, but there's no need to panic; this is actually a normal phenomenon. A pullback is just part of a healthy market, meaning that the market needs to make certain adjustments during the upward process. Just like climbing a mountain, reaching the summit is not a smooth journey; there are inevitably some downhill stretches and even pauses for rest. A pullback provides the market with an opportunity to adjust, allowing more people to enter at more reasonable price levels. The key is to maintain a steady mindset and not be frightened by short-term fluctuations. Often, a short-term downturn in the market simply provides a better entry opportunity for those who truly wish to hold long-term. Never engage in 'buy high, sell low' operations; usually, buying at market peaks and selling at lows results in losses. Therefore, the most important thing is to learn patience and seize the critical entry points. For example, pay attention to the support levels around 92,000 and 87,000 for Bitcoin.
BTC: Digital Gold ETH: Cornerstone of DeFi BNB: Binance Pillar SOL: Performance + Meme DOGE: Musk's Favorite XRP: Regulatory Fighter ADA: Academic Dream AVAX: Financial Bridge TON: Social Pioneer SUI: New Chain New Star SHIB: Community Frenzy BCH: Fork Guardian Which side do you stand on?
Focus on this! BNB has once again reached the early support and resistance conversion level, and the recent trading volume has increased significantly. There may be a directional breakthrough next. Please pay more attention~#BNB
In a bull market, there are many liquidations. I hope everyone maintains a stable mindset, avoids FOMO, and earns within their own understanding. #罗兮说交易