Historical patterns tell us: only when retail investors completely give up and cut their losses will the real rally begin
Currently, the ETH/BTC exchange rate has fallen to a critical support area
But most people are still "long ETH short BTC", which means the rate may drop further
Next, there may be three scenarios:
BTC rises, altcoins play dead;
BTC surges, altcoins rise slightly;
BTC falls, altcoins crash.
BTC is currently in a phase of unimpeded rally, if the main players are aggressive, it could rise to the 97,000 dense transaction area to lure in more buyers
At that time you will see:
Retail investors FOMO into altcoins
The market will shout again "altcoin season is here"
And then? A needle will burst all fantasies
Real opportunities always appear after the market is in despair
The question now is: do you still have bullets?
The long position in Ether has also reached 20 times
How many short positions do you need to take to achieve this?
Long-term positioning is so enjoyable!!!