Overall Strategy
1. Spot Strategy
Stay away from the contract market before the election results are announced. If participating in spot trading, only consider small positions and short-term operations. Be sure to wait for a very satisfactory entry point or pattern; if the conditions are not met, do not trade.
2. Altcoin Strategy
Currently, all altcoins have been impacted when trading above their cost price. The next buying opportunity must meet the following conditions: a stable external market environment, a steady Bitcoin trend, and after Bitcoin breaks through previous highs and confirms the arrival of a major upward wave, then begin the second batch of purchases.
Market Status
In the past three months, apart from meme tokens, the performance of other valuable coins has been unsatisfactory, which has severely impacted the market.
