Dragon Boat Festival crash, is the bear market coming? Is it time to run from the crash? Or is it just a normal adjustment in a bull market?
Sister Coin held through the Dragon Boat Festival, and today also faced a pullback, but in fact, relatively speaking, it's all profit, and most of it is BTC and Ethereum.
Personally, I think this is just a normal pullback in a bull market. Although the short-term has dropped below the MA20 daily line, this bull run is far from over; it’s just that we really can't go all in. The reasons I've mentioned before are that the U.S. stock market is at a high, and there are so many uncertainties with Trump.
Even Buffett has significantly reduced his positions and is holding cash. Plus, the domestic economy is in recession.
Therefore, keep within 60% of your positions, eliminate long-term leverage, and in such an obviously cyclical market in the crypto world, maintain a core position in BTC without going empty, while having about 30% of your positions to take some clear opportunities you understand.
After all, from a cyclical perspective, the bull market in the second half of the year has only gone about halfway, and there will still be many opportunities. Keep exploring while waiting for a big black swan to trigger a large position.
I think this state might be the most comfortable for people in the crypto world.
I still have faith in the market outlook, I believe in the trends after June, and I'm optimistic that stablecoin legislation might bring an epic bull market to the crypto space.
In relation to Sister Coin, navigating the crypto world without confusion. #加密市场回调