The selling pressure in Mentougou has been partially digested under Trump's call, which has made many traditional funds in the world begin to recognize the potential of Bitcoin (BTC). Overall, the general trend is still upward, but the selling pressure in Mentougou needs to be digested first to further stabilize the market.
It is expected that the inflow of ETF funds for BTC and ETH this week will help stabilize the market, so the market is not expected to fall sharply.
When formulating a trading strategy, the following points are worth focusing on:
Keep calm and avoid panic: When the market has a correction, don't panic because of short-term fluctuations to avoid missing the opportunity to buy at the bottom. The prices of many altcoins may have opportunities at the right level.
Control positions and prevent risks: Don't rush to fill your positions, especially pay attention to the possible 90,000 BTC transfer event in Mentougou, which may affect market sentiment and prices again. For more bull market layout strategies, see Fang! Free ➕👗 ➕🌍 BNB0098
Be patient and avoid frequent trading: Be patient when the market fluctuates and avoid over-trading. A stable investment strategy can usually bring better returns in the long run.
