Last night, Israel suddenly launched an attack on Iran, and today the entire cryptocurrency market is in mourning, with mainstream coins suffering significant losses. Such sudden black swan events test one's mindset the most. The market is now completely shrouded in panic, and it is likely to be difficult to recover in the coming days.
But I want to remind everyone, in such extreme market conditions, do not act impulsively! Blindly judging market trends based on international situations is very dangerous, and do not heavily invest to short the market. That's how the market is; yesterday, some people made a fortune by shorting, while others lost everything due to holding positions. What we can do is remain calm and manage our positions well.
Remember a few key points:
The impact of geopolitical conflicts is usually short-term; do not let panic dictate your actions, and definitely do not operate with heavy positions at this time. It is safest to hold light positions and observe—the market will eventually recover; the key is to survive until then.
Everyone, try not to be too anxious; the more it feels like this, the more rational you should remain. If you still have positions, it is advisable to set stop-loss orders; if you are in a cash position, it might be wise to patiently wait for a better entry opportunity. The market is never short of opportunities; what is lacking is the capital to survive until those opportunities arise.
Lastly, to be frank: if you do not have a reliable compass, often the best action in such market conditions is no action at all.
