Don't buy the bottom! It's not time yet! Wait, wait, wait!
$BTC At the critical moment before the halving, the market often shows huge volatility. This is a contest between masters, not a paradise for beginners. At this time, the wise move is to temporarily exit and wait and see.
Looking back at historical data, we can get profound inspiration:
Near the halving node of the last bull market, the price of Bitcoin experienced violent fluctuations. On March 8, 2020, the price of BTC fell by 7.8%;
On March 9, the decline widened to 7.5%;
On March 10 and 11, the market seemed to have signs of stabilization, but on March 12, it suddenly plummeted by 21%.
Many people mistakenly thought that the bottom had been reached and entered the market. However, on March 13, the market changed drastically again, and the price of Bitcoin fell by as much as 39%.
Such a decline, even with a leverage of 1.5 or 1.2 times, is enough to cause investors to suffer heavy losses.
In just a few days, the price of Bitcoin plummeted by more than 72%, and the decline of other altcoins was even more staggering.
Although this situation is not common, once it happens, its impact is fatal.
Finally, let me share the primary market K A I J U. Musk's good friends who often interact with him, Dog Dad and Sister Linda, both shouted Danming Milk Aunt Monster K A I J U. Musk may milk at any time. The bottom of the market value of 5300 addresses is less than 5 million. For reference only!