There is currently a viewpoint that focuses on risk avoidance, and I feel the need to tell everyone
Currently, Bitcoin has reached 110,000, but what about Ethereum? The dividing line for the market trend has not been crossed yet
As for altcoins? Many are more like consolidating, rebounding to sell, what does that mean?
Bitcoin is draining liquidity, while Ethereum and altcoins are slightly rising and consolidating. Once Bitcoin crashes, Ethereum and altcoins will bleed heavily
Therefore, in the near term, whether you're trading contracts or spot, you need to be extra cautious with long positions, and always set stop-losses
If a crash occurs and you don’t have a stop-loss, the contract will be liquidated, and without a stop-loss on spot, you’ll be stuck and wishing to cry, and even finding a way to exit might be impossible
Or you could be stuck for months, and when you finally cut your losses, it goes up!!! #BTC