Big event in the cryptocurrency circle!!!

It's coming! It's coming! It's coming!!!

Black swan factors are increasing, and the uncertainty in the cryptocurrency market is skyrocketing. What should we do next?

BTC fell less than 2%, and other altcoins were in disarray. When Chinese people woke up in the morning, they panicked and dumped the market. The market has been too difficult and too painful recently. BTC has fallen for half a month, and many altcoins have fallen by more than 30%.

Retail sales data will be released at 8:30 tonight, with an expected 0.30%. Higher than expected is bearish, and lower than expected is positive.

Possibility and omen of black swans leading to a big drop:

Yesterday, ETFs had a net outflow, and ETF funds ran away for three consecutive days.

US stocks are at a high level and may pull back.

Mt.Gox is on the verge of a strike.

Putin visits North Korea, and international conflicts continue.

The trend is still hanging, and there are a lot of black swans along the way!

According to the plan, we are waiting for the rebound this week to reduce our positions, but there is no rebound at all, so if we make a rational judgment, we will reduce our positions to 30%, and then only use 30% of the funds to play well, and wait for the panic to be released. If the market continues to fall, we will enter the market again, and we may be able to buy more coins (if the coins you hold have been cut in half, don’t take risks, it won’t fall much, and you can’t buy much)!

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