The market plummeted, and the financial crisis is coming! Is it a good time to buy the bottom now?
At present, there is no obvious signal of stopping the decline in the big cake. Multiple factors have led to panic in market sentiment:
1. Jump Trading sells crypto assets regardless of cost
2. Large investors are liquidated and panic selling
3. Global stock markets have generally plummeted, and Japanese government bonds have triggered the circuit breaker mechanism
4. The current situation in the Middle East is tense, and a war is imminent
The market plummeted, and the financial crisis is coming!
After experiencing a continuous decline in the past few days, the crypto market ushered in a big waterfall at 9 am on Monday morning Beijing time! Bitcoin fell below $52,300 at one point, and Ethereum fell below $2,110. The market ushered in a bloodbath and a comprehensive plunge.
The Japanese stock market circuit breaker! The Nikkei 225 market fell by as much as 15%. Note that it is not a single stock, but the entire market fell by 15%.
The Korean stock market Kospi triggered a circuit breaker, falling by nearly 9% and is still falling. Taiwan fell by 8%. Global stock markets are beginning to collapse.
The financial crisis is looming, and the market has fallen so much. If you can buy at the bottom, buy at the bottom. Bitcoin 50,000, Ethereum 2,000, and SOL 100 are all very critical positions. However, you must buy at the bottom in spot. If you have leverage, reduce leverage. After the Fed releases a lot of money, everything will rise.
The script will be the same as the Fed's massive money release in March 2020 to save the market. It fell sharply before the release of money, and continued to rise after the release of money.
There is nothing to pay attention to the reason for this drop. I think the main reason is that they said one thing and did another behind the scenes. They said they wanted to expand the popularity of the crypto market, but they ended up using cryptocurrencies to repay debts, which means that they wanted to use the crypto market to convert money into money to fill the hole.
Is it a good time to buy at the bottom now?
Then about the issue of buying at the bottom, if you have already built a position before, then decide whether to increase your position based on your own position and funds. For those who are already trapped at a high position or have no funds to increase their positions, then ignore it and continue to lie flat.
The tokens held by the copycat: such as eth, sol, wif, pepe, etc. At present, the stocks that rebounded quickly after a deep drop in history are mainly based on these stocks.
