This wave of major collapse has actually made more players understand the importance of respecting the market and managing investments effectively.
Why do the big players choose mainstream coins as their investment targets, with BTC leading the way? Firstly, BTC is the business card of cryptocurrency; its value and influence are unmatched by any other coin. Moreover, as the cryptocurrency space continues to develop, the value of the leader will inevitably rise.
Altcoins mainly focus on high-quality coins in popular sectors, which tend to have price fluctuations 2-3 times greater than BTC. Therefore, the entry point is very important. Currently, the hottest sector is still the meme section of the Solana chain.
BTC has dropped from 109,000 to around 84,000, while small altcoins have dropped by half or even more than twice that amount. This includes ETH and SOL.
This market is no longer one where anyone can enter; even pigs can climb trees. Respect the market, improve your skills and knowledge, and creating a personal operating system is the only way out.
Recently, while occasionally live streaming in the square, some fans asked me where I see bullish and bearish positions. I don't know if everyone has a complete analytical mindset. In some market conditions, you can predict the downturn points through a combination of indicators and news analysis. However, sometimes the indicators are all over the place, and you have to wait for further changes in market trends and indicators to accurately judge the market direction and reaching points. Additionally, recent uncertain statements regarding U.S. tariff policies have greatly influenced the market and increased the difficulty of analysis. To navigate this market well, you need to monitor the market until the indicators create a push that forms a trend before deciding to enter. Last week's market was a test of players' mentality; if you are not careful about the changes in indicators, it could lead to bad outcomes. Everyone should be cautious lately.
Today is Monday, and the 84,500 level has broken and is now oscillating around that area. The right pillar base at 82,800 has not been broken, and the entire frame has not formed. The right pillar base at 82,500 and the shoulder at 81,300 are still intact. The resistance above is at 86,000. Whether it breaks out or falls, I have a suggestion for everyone.
For those who understand the 'Short Probe Method', as long as the market reaches a high point, you can look at the 5-15-30 minute indicators to enter bearishly. The 'Short Probe Method' trend is all about entering for profit, then placing a stop-loss at the profit point to secure gains. The same applies when the market drops to a low point. Eventually, there will be a time when a significant trend forms, and you will always have a chance to profit.
