Crypto blogger knocks on the blackboard: No matter how strong the rise of OK Coin is, don’t exchange BNB bottom chips for it
Traveling is like the market, only happy at the beginning and the end, with exhaustion in between — the current crypto market is just like this: daily fluctuations, 4-hour corrections, before institutions clarify their direction, the market is consolidating sideways, with both rises and falls lacking sustainability, don’t expect a big trend
Short-term opportunities: for day traders, it’s rather a "sure profit market." The tops and bottoms are relatively clear, operate according to the attached chart indicator points: don’t enter when it breaks below the support line, wait for it to return; don’t enter when it breaks above the resistance line, wait for it to drop back. Set stop-loss at the upper and lower edges of the previous candlestick body, control leverage and position, and patiently "take a bite and run," essentially ensuring profit.
Medium to long-term strategy: it’s quite torturous now. After entering the market, one must endure the pullbacks, fearing missing out on gains/selling too early, while holding on feels like a rollercoaster. If mainstream coins like BTC, ETH, and SOL have already been positioned near previous lows, it’s advisable to hold steady — there are still two anticipated interest rate cuts ahead, but the premise is to avoid "wild altcoins."
Key coins: BTC: Holding above $11,300 remains bullish (though weak); ETH: The range of $4,192-$4,140 is key support, as long as it doesn’t break below it, the bullish trend remains; SOL: Recently strong, as long as it doesn’t break $180, the bullish trend is dominant, if it can close above $187, it will directly enter a strong bullish state.
Operational suggestions: This market position changes rapidly, suitable for short-term swings. The risk of shorting is higher than going long, the downside space for the four giants is limited, the upside potential is greater, if it’s consistently hard to make money, it might be worth trying "only going long."
Final reminder: Don’t be envious of OK Coin’s strong rise; its ecological development is far from catching up to BNB in just a year or two. If you hold bottom BNB chips, don’t exchange them for OK Coin just because of its rise — converting BNB to OK Coin,
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