Doghouse raided in the early morning!
The long-awaited bull market spike phenomenon has returned. Reflecting on the last bull market, spikes occurred frequently. I thought this round of the bull market would be different, but the familiar script has played out again with a stealthy night attack.
It should be noted that this is actually a common method of deleveraging in a bull market and represents a very normal and healthy correction.
If there are ample funds, one can boldly engage in bottom-fishing operations, whether it’s BTC, ETH, or Sol and other cryptocurrencies.
After several days of consolidation, they will surely rise again and subsequently reach higher price levels.
Such bottom-fishing operations are recommended to be done with cash or 2x leverage; do not use high leverage. Even if one cannot precisely grasp the lowest points for bottom-fishing across various cryptocurrencies, it is not a problem. After all, 2x leverage will not easily lead to liquidation, and ultimately, these cryptocurrencies are expected to see price increases, so everyone can confidently make their investments.
