After Bitcoin's last peak, it fell all the way down. How far will it drop this time?
The time is almost right, and the bulls are about to retaliate.
Originally, it was expected that the overall crypto market would slowly decline,
but it has fallen too quickly in the past few days. Rapid declines can present opportunities for re-entry.
Additionally, I saw yesterday that "all platform coins rose collectively,"
which only happens during a bull market when platform coins pump together.
When Bitcoin and Ethereum correct, BNB almost reached a new high.
Moving forward, I am more bullish,
so I will buy a portion around 117K and another portion at 115K.
I am waiting for the arrival of 112~113K for the remaining portion.
If I can accumulate at all these levels, I believe there will be another rally close to 125K.
After pushing close to a new high, I will continue to reduce leverage.
The pace in the crypto market will become faster in the late bull market,
considering that just four days ago it hit a new high, and now there's widespread panic.
So I will start to buy into the market fear, selling at higher points.
Maintain a mindset of "stability" + "calmness"
Keep a position that is "safe" + "conservative"
Repeatedly operate, swinging in the market.
From the perspective of the market makers,
they cannot let the bulls feel too comfortable, nor can they let the bears feel too good. They must repeatedly torment retail investors to maintain maximum profit.
Market makers are really bad, but it's not meant for everyone to participate equally.
(The editor's account has also entered the market, with a current position of 2.16 million)
