In the past few days, I remind everyone not to chase after price increases, but to ambush those that haven’t increased.
For example, SOL has been a reminder for a long time, and yesterday it surged past $200.
Doge is the same; many brothers are not looking at the daily chart and technical indicators,
FOMO
In a state of emotion still want to chase,
If you want to chase, those who chased in yesterday are feeling good today...
The next trend will definitely see a wave of correction.
Those who changed to buy have all bought, but later funds cannot keep up,
The U.S. stock market is also at a high position, making it easy to correct and affecting the crypto market,
The previous ambushers are dumping for profit-taking and then opening a short position, very satisfying.
Now is not a good time for a full position; it’s recommended to only use up to 70% of the position.
For coins that have risen sharply, at least take out half.
It’s not too late to enter again after the correction.
The more FOMO, the more urgent, the easier it is to lose money.
After the correction, the long-term outlook is still bullish,
Because the attractiveness of U.S. assets is declining,
(The ICE Dollar Index, which measures the dollar's value against six major currencies, has dropped more than 9.7% this year.)
Funds need to find new targets to amplify returns.
Among major countries worldwide, except for China,
All are policy-wise promoting
Cryptocurrency.
