The wave of general rise that started on the 9th is still quite captivating, even if one does not take action. Over the past few days, it can be observed that the majority of cryptocurrencies have not returned to their daily pullback lows, making this a rare unilateral market trend.

This undoubtedly confirms that the lows from a few months ago are basically the best stop-loss points for this month. In fact, many cryptocurrencies should be at historical lows, but considering that the U.S. is once again playing with interest rate cut suspense to facilitate capital harvesting in various markets, the possibility of reaching new lows for highly risky digital currencies in the next two to three months must be taken into account. However, regardless of anything, the position climbed this month serves as a good reference point. If it drops again, as long as there is enough capital to enter at absolute zero, it will be fine as long as the coin is not a scam or delisted. The second half of the year should yield stable returns.

Here I want to mention a possibility I speculate: for a while after this, there will occasionally be significant fluctuations, oscillating upwards, and possibly with varying amplitudes. Finally, there will be a series of intense bottom-seeking movements followed by a period of low-volume consolidation at the bottom. I personally take this speculation seriously, as the response to it involves restraining oneself, reasonably adding positions on dips, and setting stop-losses. Using this as a basis can also provide a better psychological preparation to face the subsequent situation, avoiding unnecessary back-and-forth oscillations. More importantly, even if the actual situation differs from this speculation, there will be no significant loss, except for possibly breaking two stop-losses (one at the previous low point and one at the starting low of this wave) or missing out on a rise in between.

For reference only.