The market is short of water, this BTC "water buffalo" has no vision and is torturing people!
The US stock market is hitting new highs every day, and people are having fun every night, but the cryptocurrency world is extremely pessimistic and fearful;
$BTC fluctuated back and forth for a few days, hitting the long stop loss; while altcoins generally fell by more than 30%, but fortunately $CHZ ran fast. Altcoin project owners and hot money are extremely sensitive, and they will frantically sell and crash the market at the slightest sign of trouble;
Why has it come to this?
At present, all the money in the exchange is flowing into chips and AI; the cryptocurrency circle is no longer favored, and can only wait for the Federal Reserve to cut interest rates and release money before it can become bullish;
What drives the cryptocurrency market?
It’s harvesting! It’s a double kill of long and short positions! It’s the reverse transaction of emotions and extreme funding rates; the prey of project parties, market makers, and exchanges is your small melons and two dates, making you chase high and get trapped, making you sell at a loss in fear, and making your long and short positions explode back and forth, in order to squeeze out their profits; therefore, before the Fed releases water, there will be no big copycat season, and no general rise;
How to deal with it?
1. Be cautious and follow my position allocation recommendations;
2. Don’t give up, don’t chase high prices, don’t sell at a loss, and don’t waste the main engine’s power;
3. Stay patient. If the CPI released in July is positive, everything will come back. Even if it is negative, the market will rise again in the fourth quarter.
4. Summarize lessons, review, sort out and optimize your trading system;
5. If the market drops to around 60,000, I will share how to go long. Insufficient liquidity makes this round of BTC bull market difficult!
Despite $IXIC hitting new highs, the crypto market was in a state of extreme pessimism and fear. BTC was volatile for a few days while altcoins sold off by over 30%, and we successfully sold $CHZ. Altcoin projects and whales are very sensitive and will sell off at the first sign of trouble, causing the market to crash.
Why is this happening?
Current market liquidity has already flowed to chips and AI; the crypto market is no longer favored and can only wait for the Federal Reserve to cut interest rates before it can be bullish.
What drives the crypto market now
What is it? It’s all manipulation and liquidation! Projects, market makers, and exchanges lure you into FOMO and chasing highs, force you to stop losses in fear, and liquidate your long and short positions to extract their profits. Therefore, there will be no major altcoin season or market rally before the rate cut.
How to survive?
1. Be cautious and follow my position allocation recommendations.
2. Don’t give up, don’t FOMO, hold on;
3. Be patient, if the CPI in June is bullish, everything will come back.
4. Summarize the lessons, review them, improve and optimize your trading system.
Opportunities are short, so you must seize them! Success is not based on luck, choice is greater than hard work, and the circle determines destiny. In the currency circle, in addition to having a keen eye for judging the situation, you must also keep up with a good team and a good leader. If you follow me, you are already halfway to success in the currency circle! Near "Jun Yang" + Wei BTC88077, you can receive the latest free articles in the currency circle every day. The articles are good and can be shared with everyone!
