Today, I seriously reviewed the market. The recent trend is somewhat similar to the bear market in late December 2022. Technically speaking, it seems to be a three-phase decline on the 4-hour chart: the first phase reaching around 80,000, the second phase reaching around 72,000, and the third phase reaching around 61,000, with a possibility of seeing the 50,000s.
So today is the second phase. If we continue along this technical route, it will definitely resemble a bear market pattern. If that's the case, my friends, we really need to take precautions. Preserving capital is more important than getting rich quickly. As long as we have capital, we can make a comeback, so I've been advising everyone not to increase leverage and contracts. Spot trading is always the safest option! #加密市场回调