Is the opportunity here? Or has it completely ended?
The big pie is about to break the monthly support level; is this an opportunity
or the last chance to escape.
Let's compare with the last round.
First scenario: it could drop to around 69000 to reach the support level of the previous peak and then quickly pull back to form a new high, creating a double top, and then completely enter a bear market. If this version happens, the altcoins will experience a local explosion and a surge later, driving the investors crazy.
Second scenario: directly entering a bear market, with the big pie oscillating downwards, rising 3 and falling 5. This means that both going long and short will be uncomfortable for you, but in the end, it will still decline. Once this ends, it will also be a long adjustment period, but during this time, a small portion of altcoins may see a rise. It's very likely that the small altcoin operators will profit from the big pie and then unload to rescue their own altcoins. At this time, don’t be greedy for profits; you need to exit in time.
No matter which script develops, the current difficulty is at a hellish level. Personally, I believe the best way is to trade in cycles and be quick about it; otherwise, it will be hard to achieve results.
If you don’t want to operate in such market conditions, you can simply invest in wealth management to preserve your capital. This circle is not short of opportunities; just fear that when the opportunity comes, the capital is already gone.
