Will Bitcoin only stop falling after breaking below 100,000?
Recently, I have been indicating positions for low buying. Last night, Bitcoin dropped to around 100,300, and the control of the market trend has been perfect, in line with expectations! Currently, we are watching if the 100,000 price can hold. If it cannot hold, the market may go down to 98,000. Here, we can gradually build a position with light investments, with the extreme low buying price around 98,000. From today’s market perspective, it’s not that easy to break below 100,000; this is a structural dividing line. Once it breaks, market sentiment will gradually weaken. What we need to do is to build positions in batches and then hold for a month or two, which should basically avoid losses. Today, we should pay attention to the resistance at 104,300.
Ethereum's entry price mentioned yesterday was 2,330, which is still a bit far. Last night, it also reached around 2,380. Let’s wait a bit longer; there are even lower positions for us to enter, and the 2,280-2,330 range can also be entered in batches. The ETH chain will rise in the future, so once you enter, don’t exit; otherwise, you will never get the profits belonging to the bull market (only recommend spot positions).
SOL has also reached around 140, as I mentioned earlier. It’s fine to enter a light position here, and if there’s a sharp drop in the future, you can add more.
If you have positions in XRP, just hold on. The support below is 2 dollars; if it doesn’t break, there won’t be too many problems. Consider reducing your position if it breaks below.
BGB is still not washed enough, and it’s very likely to drop to around 4.38 in the future. So, don’t operate too much here; just observe.
Doge has been suggesting to consider entering at 0.17 recently. The market trend is in line with expectations, and it has already dropped to the price of 0.17. You can enter in batches for the short term, and if it can reach around 0.15 in the future, you can go in with a large position!