The current market has already moved out of the downtrend in advance. This wave of consolidation has led to more than $100 million in liquidations for long positions in 4H, resulting in significant losses.
However, the buying power at the bottom remains strong, and such market downturns are actually good opportunities to increase positions.
Don't always act like a blind retail investor, panicking over small drops.
Tonight, U.S. stock market opening is expected not to drop significantly, and the market is gradually stabilizing.
Next is a good time for phased bottom-fishing:
Mainstream first choice: BTC
Altcoins to watch: ENA, LDO (with strong support)
I will continue to position myself at suitable levels, and strategies and points will be shared in real-time.
