From the daily line of Bitcoin, the K-line accurately fell back to MA120 and then bottomed out and rebounded. The current rebound strength is average. Suppressed by the short-term moving average, if it cannot break through 60,000, it is easy to usher in a second retracement. Pay attention to the previous low support for the second retracement. As long as it does not break MA120, the market still has a chance to turn around. Pay attention to 60,000 when it rebounds. If it can break through and stand firm, the market is expected to bottom out. If you like left-side trading, you can copy some BTC spot near 56,000. For right-side trading, wait until BTC breaks through 60,000 before entering the market. As long as Bitcoin enters a shock and no longer hits a new low, It is estimated that some high-quality altcoins will be the first to get out of the downturn
First, do not touch the previous low coins in the second exploration
Second, the coins near the previous bottom in the second exploration
And, for the altcoins that have broken the new low in the second exploration, it is recommended not to touch them...
Then, buy the altcoins in batches according to your risk tolerance, hold them firmly, and do not move them
They will lead you out of the haze of the new low of assets..
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