74500
527 views
3 Discussing
Hot
Latest
See original
#BTC #加密市场回调
Has BTC dropped too much? Can we buy at the bottom now?
1. During the last 10.11 event, most of the leverage was cleared out. Now the manipulators want retail investors to sell their spot holdings. Therefore, it is possible that it will hover around 100,000. If it doesn't go above 100,000 in half a month, many people will choose to cut losses and exit. If the manipulators do not achieve their goal, BTC will continue to drop until retail and institutional investors have sold their spot holdings. The opportunity to enter the market will be when no one dares to buy at the bottom. You can also ask yourself, if you have Bitcoin with a cost of 78,000 or 90,000, would you sell now? Of course not, because you think it might go up. You are not panicking at all.
2. The position of BTC at #74500 is an important support and resistance swap position for this round of bull market. We assume it hasn't dropped too much. Once it breaks below 90,000, the area around 74,500 is likely to come, which is the best position for buying spot, a relatively good entry opportunity. However, once this position is reached, market confidence will be difficult to restore in a short time. Of course, we cannot say for sure whether it will come or not; we just need to manage risks in advance.
3. Similarly, ETH is unlikely to have dropped too much. Currently, it seems there will only be a short-term rebound around #3350 . The best dense transaction area is from #2950 to 2750. Buy spot within this range. If you bought some spot around the position of #2800 for a few days and found no strong rebound, it indicates that the manipulators are not very eager to absorb positions, meaning this is not the bottom. Cut losses and exit; there is no reason to hold on.
4. In the short term, if Bitcoin rebounds to the area of 10,350 to 10,650, I personally think it's a good position to go short because everyone's sentiment has risen. This is the best time to short; it just requires some patience.
My personal view is: short-term rebound, long-term bearish.
The above is just my personal opinion for reference only, not investment advice.
Has BTC dropped too much? Can we buy at the bottom now?
1. During the last 10.11 event, most of the leverage was cleared out. Now the manipulators want retail investors to sell their spot holdings. Therefore, it is possible that it will hover around 100,000. If it doesn't go above 100,000 in half a month, many people will choose to cut losses and exit. If the manipulators do not achieve their goal, BTC will continue to drop until retail and institutional investors have sold their spot holdings. The opportunity to enter the market will be when no one dares to buy at the bottom. You can also ask yourself, if you have Bitcoin with a cost of 78,000 or 90,000, would you sell now? Of course not, because you think it might go up. You are not panicking at all.
2. The position of BTC at #74500 is an important support and resistance swap position for this round of bull market. We assume it hasn't dropped too much. Once it breaks below 90,000, the area around 74,500 is likely to come, which is the best position for buying spot, a relatively good entry opportunity. However, once this position is reached, market confidence will be difficult to restore in a short time. Of course, we cannot say for sure whether it will come or not; we just need to manage risks in advance.
3. Similarly, ETH is unlikely to have dropped too much. Currently, it seems there will only be a short-term rebound around #3350 . The best dense transaction area is from #2950 to 2750. Buy spot within this range. If you bought some spot around the position of #2800 for a few days and found no strong rebound, it indicates that the manipulators are not very eager to absorb positions, meaning this is not the bottom. Cut losses and exit; there is no reason to hold on.
4. In the short term, if Bitcoin rebounds to the area of 10,350 to 10,650, I personally think it's a good position to go short because everyone's sentiment has risen. This is the best time to short; it just requires some patience.
My personal view is: short-term rebound, long-term bearish.
The above is just my personal opinion for reference only, not investment advice.
Login to explore more contents