$BTC $ETH This sharp drop in mainstream cryptocurrencies was mainly driven by news that Binance had been hacked, which suddenly amplified fear in the market.
But Tao believes there's no need to lose faith completely because of short-term negative news. Selling pressure triggered by unexpected news takes time for the market to absorb. Once the panic subsides, a rebound may still be possible.
The sharper the sell-off, the more important it is to stay calm. If key support levels haven't been decisively broken, it may actually be worth looking for opportunities to position yourself after a pullback.
You can start looking for opportunities to buy the dip, but don't blindly go all in. Build your position in stages, manage your exposure, and set stop-losses. Those who truly seize opportunities are often not the ones who panic and sell, but the ones who know how to wait for the market to stabilize.#Strategy旗下STRC165天来首次升至99.95美元 #币安将上线PREDICT现货交易 #FirstDigital拉黑持约340万枚FDUSD攻击者地址
But Tao believes there's no need to lose faith completely because of short-term negative news. Selling pressure triggered by unexpected news takes time for the market to absorb. Once the panic subsides, a rebound may still be possible.
The sharper the sell-off, the more important it is to stay calm. If key support levels haven't been decisively broken, it may actually be worth looking for opportunities to position yourself after a pullback.
You can start looking for opportunities to buy the dip, but don't blindly go all in. Build your position in stages, manage your exposure, and set stop-losses. Those who truly seize opportunities are often not the ones who panic and sell, but the ones who know how to wait for the market to stabilize.#Strategy旗下STRC165天来首次升至99.95美元 #币安将上线PREDICT现货交易 #FirstDigital拉黑持约340万枚FDUSD攻击者地址
