Bitcoin Eagle 🦅 7.15 Accurate Market Analysis
Good morning, brothers. The market has risen nicely [grin],
Those who seriously looked at the analysis have made money.
Many brothers who missed out are asking what to do?
In the current market, pay attention to 3 points
(1) Don’t chase after rising altcoins [bomb]
Some altcoins have surged significantly, reigniting many brothers' dreams of 10x coins.
We must remind you: do not chase after surging altcoins
If BTC pulls back by 2%, altcoins will drop by more than 5%.
If BTC pulls back by 3%, altcoins will drop by more than 10%.
For those that haven't surged and have good quality, do not exceed 30% overall position.
(2) Take a break for the next few days [eating melon]
The market has been rising for several days; we need to rest and consolidate for a few days
Take profits on your positions; BTC may fall below $119,000
If CPI is significantly above expectations at 8:30 PM, the pullback will be larger
Many brothers are still flipping contracts back and forth, not willing to take a break and calm down
This situation will only lead to losing everything and exiting
(3) Hold BTC and be patient [fighting]
For the rapidly rising altcoins, you can swing trade, but do not let go of your holding BTC.
Some brothers see a pullback and immediately sell their BTC,
Only to find it hard to re-enter later and miss the bottom entry
Previously, around 90,000, some brothers bought BTC,
But when it dropped to 80,000, they sold at a loss, now at 120,000, missing a 50% profit
Yesterday, Federal Reserve Chairman Harmak: There is currently no urgent need to cut interest rates,
This year is not yet a time for the cryptocurrency market to fully bloom,
BTC will rise slowly, while altcoin whales will repeatedly short and harvest profits, which is difficult to grasp
It is recommended to hold more BTC to achieve stability 🎯