Current Market Spot Operation Guide:
Only with measured entry and exit can one laugh until the end. Now that the market has reached this position, it is time to reassess the spot holding strategy.
For friends who have already bottomed out and fully invested in altcoins, it might be time to consider gradually reducing positions to lock in some profits, as the market won't just rise without falling.
As for those lucky enough to have heavily invested in BTC and ETH, you can continue to relax; the market for leading coins is far from over.
For those with positions controlled below 60%, it’s worth giving the market a bit more time to wait for the trend to become clearer.
Especially for Ethereum-related altcoins, if ETH can maintain its strength and challenge the $4000 mark, it is very likely to drive the entire altcoin sector to surge another 10%-30%, which can be considered an opportunity not to be missed.
As for those who are out of the market, don't worry; around the announcement of the CPI data on August 11-12, the market is likely to experience a risk-averse pullback, which will be an excellent second entry opportunity.
Before major data releases, funds often choose to observe temporarily, and this is the timing we are waiting for.
Whether you are currently in profit or observing, always remain vigilant. Set your stop-loss and take-profit levels, and secure some profits.
The market is always fluctuating, but only those who manage risks well can become the final winners.
The most dangerous aspect of a bull market is often not the downturn, but the greed that forgets about risk control.
Continue to pay attention: ETH LTC LINK SOL UNI BCH BTC
