5000U Challenge 100x Plan Day 2

Today's Funds: 8123U Current Profit: 3123U

Reviewing the decline of the past two days, for small coins, it is obvious that there was a liquidity run. The downward trend and geopolitical events are very consistent in time. Obviously, the decline of the past two days is the result of the selling of safe-haven funds + the main force choosing to take the opportunity to wash the market. Although each currency has its own trend, the main force can use external news to fuel greed or panic.

For altcoins, these two days can be said to have experienced a 312. As mentioned earlier, this is a crisis and decline caused by a liquidity run caused by external events. This is not the bottom formed by a normal decline, so it is not applicable to the statement that "it is the bottom without rebound". You can refer to the trend of the currency circle after 312 and the Russian-Ukrainian crisis. In other words, if there is no worse war situation later, there is a possibility of V-reversal, or V-reversal will fluctuate after a certain amplitude. Today's low point is the low point after panic selling + leverage cleanup. Without more external stimulation, it is basically impossible to go back. Even if there is a retracement after a sharp rebound, it is unlikely to touch this low point. After the altcoins have been washed like this, there is no need to sell them, just hold them. Moreover, based on its volatility, let alone 5x or 10x, even 3x leverage is not suitable. Here is another recharge of faith in altcoins. Even if the altcoins have been bloodbathed as a whole in the past two days, the market value of all currencies except BTC and ETH has not hit a new low in the market value of the entire currency circle. Therefore, I don’t think there is any need to sell altcoins. As long as there is no leverage, you can recover your blood after a while. The rebound trend during the day is obviously much stronger than yesterday.

The clouds will clear and the moon will be bright. The decline in the past two days has made many people very distressed, especially many people have a lot of altcoins in their hands. At this moment, everyone should cheer each other up. The bull market is still there, and this should be the last large-scale cleanup before the general rise of altcoins. #合约挑战 #山寨暴跌