Sometimes I do a market view to feel good.
Just a heads up to the clone guys, please stay away. If you dare to show your face, feel free to come here and bark about anything!
The situation is that I am predicting there will be a decent recovery period in the next 2 to 3 weeks. And it is very likely that by the end of January, there will be another decline to test the range of 88 to 90k$ of BTC.
The advice here for everyone is:
1⃣ absolutely do not cut losses on HOLD and long-term Spot holdings.
2⃣ Consider how much money you need for Tet, for example, I’m sure I need about 3 to 4k$ for Tet, so I should gradually sell off if the market recovers in the next 3 weeks. Don’t wait until the 23rd of the lunar month or the 28th to go shopping for Tet and then have to sell a large amount at the bottom; that would be embarrassing.
At least if you need 3k, you should aim to withdraw about 1.5k in the next 2-3 weeks. Otherwise, if it affects family life, you’ll never be able to HOLD.
3⃣ For those who have made a lot of profit and have any assets that have increased significantly, you can consider taking out 20 to 30% of your profits in USDT to prepare for the possibility of a market correction at the end of January, so you have something to buy more assets without feeling anxious.
⚠️ The most important point in this article is that there is a high possibility of another adjustment before the lunar Tet, so whatever you do, do not let it affect your family life.
Don’t let the market be in the red on the 30th of Tet, plummeting and then having to close your eyes and cut losses on coins just to buy some sticky rice cakes!
✍️ Right at this moment, I am viewing that there will be a recovery on the H4 and D timeframe, so I still recommend buying Spot and Longing at the current levels!
