Pay attention to the CPI data at 8:30 PM and the market needle in the half hour after 9:30 PM.
The current market is not very clear, so try to reduce the frequency of trades and the number of positions to prevent large fluctuations in the market.
Day trading should mainly focus on oscillating limit orders, avoid chasing frequent replenishment of positions.
For Bitcoin, replenish positions with at least 1500 to 2500 points apart; for altcoins, replenish positions with at least 50-80 points apart.
The meaning of replenishing positions is to pull down the average price in small wave markets, not to add burden. Frequent replenishment will only make you watch as you wait to get out when stuck.
For altcoins, it’s mainly about observation. If you have a small position, just wait and see, no need to rush. Currently, most old altcoins are just consolidating at the bottom, and there isn't much space below. As long as the position is not too heavy, the problem is not significant. Those who haven't entered the market yet don't need to rush to pick targets; just wait for those old altcoins to approach historical lows or for the discussions about interest rate cuts to reignite.
