As the probability of raising interest rates by 50 basis points in March increases, many people's fantasies have been shattered by the Federal Reserve, and the market has reacted accordingly. BTC and ETH are currently under pressure, rising horizontally, and altcoins are under pressure. Fall deeper. My view has been long-term bearish since January, so it is not easy to persist all the way. However, at this time, I still do not think this is the time when shorts will decisively control the market, and the possibility of rebound still exists. But what is different from the last time BTC fell to 21,500 is that the cost-effectiveness of going long on callbacks has become increasingly lower. If a rebound occurs here, it may actually be the last resort for those who have developed a long thinking since January. opportunity for escape.

In addition, altcoins are bound to be more volatile during rebound cycles and are not worth betting on.