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follow Mr. Jin, don't get lost in the crypto world
The market lacks a core narrative. After BTC falls below 80,000, the market makers need to further probe and oscillate to absorb funds. This process is still ongoing and far from over.
If you have a bunch of altcoins in your hand, it is recommended to do some band operations appropriately. Spot players can use bands to lower the cost, without using all positions, 1/5 to 1/3 of the funds is enough. For example, reduce the position appropriately when the market rebounds, and buy back more chips when the subsequent volume falls. This operation not only reduces the holding cost, but also keeps you flexible.
Of course, if you don't want to bother, you can also take this time to study and research the market. Today I discussed market trends with many friends. If you have any questions about the future market or have your own insights, feel free to chat anytime.
Why do trades follow the major trend and counter the minor trend?
Go with the trend, time will be on your side, every second that passes, the odds increase. Every trader should define the 'trend' period based on their own situation. For example, major Bitcoin players may use a yearly basis, while we refer more to monthly and weekly trends. Once the period is defined, then determine the direction of the current trend, follow the trend to increase the chances of winning.
#近期加密市场观察# #市场触底了吗？# #BTC# #ETH# #PI#