The cottage plummeted, and the general decline was more than 30%!
The big cake was just oscillating in the range, and the cottage was already like the waterfall of 312. There was 312 before the start of the 20-year bull market, and there was 413 before the start of the 24-year bull market. It has always been said that the leverage will be cleared before the big bull market starts, but I didn't expect it to come so early. This wave of main force's trading and expectations are ahead of schedule. Normally, after the cottage is crazy, the market sentiment will be brought up, and then the leverage will be cleared significantly. Basically, 3x leverage will be cleared. At present, in this round of decline, 3x leverage has been cleared. It is highly likely that the exchange and the main force took the lead, coupled with the serial clearing of leverage and the trampling of retail investors. Since the leverage has been cleared, there may be one last needle, but as long as there is a position here, I personally think it can be bought in batches.
It is clear that we are in a bull market. No matter how big the bull market is, there will be a correction of more than 30%. This time, the leverage clearance has laid a greater foundation for the bull market.
The next market: Bitcoin will be halved on April 17, with daily support of 66,500 and pressure of 68,500. Bitcoin will still break down in the triangle oscillation range. The big trend focuses on the range of 60,000-73,856 US dollars, and the small trend focuses on the range of 65,000-72,000 US dollars. Before the price of the currency falls below the big trend, the bull market is still there.
Many cottages have fallen to ma220 on the daily line, and the weekly line has also stepped back to ma90. The big trend is still there! Although the account retracement is relatively large. But the bull market is still there! My largest position is LTC, ETC, BNB (for mining), DOGE, SSV. Next is some cottages. I don’t care about short-term account retracement or profit, I only care about the final result. As long as the general direction is right, it doesn’t matter how painful the process is.
In addition, partners holding BNB can mine the new coin OMNi again. Click on the launchpad to participate.
The above is a personal opinion and does not constitute investment advice!
