Can we buy the bottom now?
Let me first say my opinion. If there is no drop in the market, we generally cannot buy the bottom. How to judge whether it is a drop in the market?
This drop must be accompanied by a large amount of leverage being liquidated, because the drop of large-scale plug-ins will trigger the critical value and force the goods that were not originally wanted to be sold to be sold during the market decline. Therefore, this kind of drop is called irrational drop, and the winning rate of this kind is relatively high. The last wave of plug-in drop was on February 3.
In that wave, there was a huge amount of liquidation, mainly the leverage of Ethereum and Shanzhai, and in this wave of decline, the overall leverage liquidation is relatively small.
Therefore, this time the event has not yet fermented to the end. After all, the tariffs were collected on March 4, but the hourly K-line fell in large volume, and the shorts were exhausted. It is a good time to buy the bottom in a short period of time, and the price of this wave is only a short-term opportunity! The rebound will at least see 9w2, and the previous support level will become a resistance level. The rebound will touch the 9w2 test, but the big cake will not fall all at once. The decline is also a period of bottoming out, continuous testing, and finally oscillation to get chips.
Panic + oversold, this opportunity is indeed a good opportunity for the band. When the bottom fluctuates, there will be many opportunities for the band. If you don’t dare to go up when it is oversold, you have to chase it when it rebounds, and the profit space is very small.
LTC and PEPE are worth choosing. Of course, you can consider leaving if you hold 10 points this time.
If you are mentally unstable, or still in panic, and you are not sure about the band, it is not recommended to do it. Just wait and see. I just said that the tariff issue will be implemented on March 4.
Among all the leveraged liquidations in the past six months, the liquidation of Bitcoin is actually relatively the least. The wave of liquidations on August 5 last year was more.
Therefore, if it is a bear market, the leveraged liquidation of Bitcoin may be the biggest factor in accelerating the market decline. Note that the bottom-fishing mentioned here refers to short-term band thinking, not long-term layout, because the market is still at a high level, so if you don’t make a long-term layout, you can only make short-term arbitrage. The real long-term layout needs to wait for the signal of the cycle.
Next, we can pay attention to Nvidia’s financial report tomorrow and the core PCE data for January released by the United States on Friday to see if there can be some positive signals to repair market prices.
