Grandpa's check-in day 105
Today's update is a bit late, mainly because I feel a bit unwell. The current symptom is chills, which is a bit different from the symptoms of COVID-19. I am not sure whether it is a cold or infection. In the past few days, more and more people have been infected around me. It is obvious that after the release, the virus will sweep across the country at an unstoppable speed, especially the Spring Festival homecoming will accelerate the spread of the virus. In addition, although public opinion has begun to downplay the symptoms after the release, it is indeed very uncomfortable based on the examples around me. Everyone should still try to prevent it as much as possible. Of course, don't be too nervous psychologically. Strategically, we should underestimate the enemy, but tactically, we should be cautious.
The current market is neither up nor down. After hitting 17,000, the market failed to continue to rise. Judging from the derivatives data, many major players are in a state of rest at this stage, so the sideways trend is expected to continue until after Christmas. In a blink of an eye, more than half of the month has passed, and we are about to enter 2023. The bear market has continued for another year. In the past, after the funds became active again after the New Year, the market often had a wave of market conditions. Now we just have to wait until next year to see the macro data.
Again, don't wait and see with empty positions now. Everyone is looking forward to a big drop. It is obviously a bit dangerous to be friends with the majority. According to the market trend, the inertial decline will become more difficult as time goes by. By next year, it is likely that there will not be much more decline. Take some positions, especially in the recent serious bearish atmosphere. Many coins have broken down. If it is short-term, I think BNB and LTC are both good choices. In addition, long-term chips have been recommended before. Some have broken down. You can consider picking up chips at a lower price, splitting and controlling positions. There is no need to panic.
