Sister Bei said last week that the abc wave correction is underway. Currently, it seems that wave a may have finished, and wave b is rebounding, with a height target of 107000, reaching the upper band of the four-hour Bollinger Bands. At this position, Sister Bei plans to reduce her position by 50%, and everyone can consider reducing their positions at highs!

In less than ten days, the account value dropped from a high of over 3 million to only 2.3 million, and all the positions added later are trapped, making it very passive and uncomfortable. The drop in Bitcoin was expected, but the unexpected part was the significant drop in the three coins held. Currently, I am still fully invested with a floating profit of 670,000 and a yield rate plummeting to 41%. What should I do next?

This wave was mainly confused by Ethereum's false breakout, combined with Trump boosting Pepe, I mistakenly thought that altcoins would catch up, and I didn’t reduce my positions at the first sign of a pullback. After the selling signal broke below the middle track of the Bollinger Bands on the daily chart, I hesitated, thinking the drop wouldn't be too large, and ended up getting caught in a bad situation.