#加密市场回调
Bitcoin's thrilling dive to 98000 in the early morning followed by a strong rebound
Last night's market was indeed thrilling, BTC first quickly dipped to the 98000 level, then strongly surged to a high of 101600, currently oscillating in the 100000-101500 range. There is a large amount of trapped positions in the 102000-102500 area above, making it difficult to break through directly in the short term. It is recommended to set up short positions in the 101500-102000 range, while in the 99300-98500 range, one can gradually accumulate long positions.
The altcoin market is in turmoil, with only BTC and BNB showing strong anti-dip properties. We have already made small spot positions last night, but only recommend short-term operations. Currently, do not blindly try to catch the bottom in altcoins; until Bitcoin stabilizes, it is difficult to claim that all coins have reached their bottom. The market has entered a deep adjustment period, and operating against the trend carries extremely high risks.
Important Reminder:
The current market is highly volatile, frequent fluctuations will become the norm; small funds can still engage in short-term trading during the day, but avoid adding funds to catch the bottom.
The clouds of the macro economy have not cleared: expectations of interest rate hikes by the Federal Reserve, trade frictions, geopolitical conflicts, and other factors continue to suppress market risk appetite.
Funds are clearly shifting to a defensive posture, with large funds choosing to wait for clearer signals.
The cold winter will eventually pass; once the market completes sufficient adjustments, it will usher in a new round of vibrant trading. What is needed at this moment is patience and discipline.
@亚圣说趋势 Follow along!
