Market Analysis

Actually, it’s quite normal for a bull market to experience significant drops. For spot trading, I only recommend Bitcoin, Ethereum, and Solana. For contracts, it depends on your own insight and luck; rational analysis is key. This time, the main focus is still on explosive contracts. Over the past two days, the bulls have basically been wiped out, and the trend is primarily bearish. If we want to see a trend reversal, we can only wait until September. We can look at historical candlesticks and see similarities to last August.

If you hold Bitcoin, Ethereum, or Solana, there’s no need to worry too much. A drop can actually be a good opportunity to accumulate in spot trading. Over the past month, I have been increasing my position in Solana. I have mentioned in previous posts that Ethereum’s one-sided trend is not yet over; it is just consolidating at the moment. If we review every increase in Ethereum’s price, it has been accompanied by pullbacks, which is quite normal, as it is a cryptocurrency that collects during large cycles.

There’s no need to worry about the bear market arriving. As I said before, right now, we are in the early stage of policy easing, and it is quite normal for capital to wash out, crash, and explode contracts. For spot trading, this is a good thing; it’s a good time to position yourself.

The current market crash, while it may dip, is still better than a massive surge before interest rate cuts; after the cuts, there’s no reason for a huge rally.