BTC pulls again. It's not that exciting. Most of the reason is that many copycats are falling, and only the MEME sector is rising. There are also people who curse on Twitter. There are two reasons for this phenomenon: 1) On-site funds are actually very tight. This is clear from the leverage ratio. Therefore, funds can only stimulate local market trends, which is reflected in the fact that in many cases only the MEME sector rises. People will sell other altcoins so they come to participate in the MEME sector. causing MEME to rise, 2) the more BTC rises, the market is worried that the adjustment of BTC will bring about a collapse of the whole market. As a result, the main funds did not dare to move arbitrarily, and some people were worried about reducing their positions. also led to a decline.

Is there any market for other copycats?

Historically, there have been many instances of Bitcoin rising and copycats falling. Regardless of historical experience and logic, there is definitely a market for copycats, but we don’t know when it will come so the above phenomenon may occur and last for a period of time. You need to be mentally prepared. Acting randomly because of my mood. In the worst case scenario, the copycat will still suffer losses for a period of time, and if Bitcoin adjusts, the copycat will indeed collapse. But, because don’t run away because you don’t know when it will come. And, most importantly, when the copycat market starts, the increase in one day may exceed the decrease in a month. Of course, there are two situations where you can really reduce your position: 1) you are using leverage, 2) the market keeps you awake every day,

Trading straregy:

If the current position is full and it is a long-term position, then don't move. Now that the position is relatively light, now is a good time to open a position in batches.