Yesterday, the market was wailing everywhere, but today, some people are singing and laughing. The "leeks" who were still struggling to survive yesterday have regained their confidence today and look forward to wealth freedom. In fact, the market is just a typical oversold rebound, and the most injured are mainly the altcoins, which seem to have hit the bottom. Today's rebound may be to reserve space for the next wave of corrections, because there is not much room for downward decline. The dealers are also worried that the leeks will suddenly buy the altcoins at the bottom and destroy their control plan. Therefore, they use the rebound to make the leeks mistakenly believe that the market has improved, and then chase high, and then pull back again, so that the leeks will collapse. The cruel fact is that leeks are often hurt in the currency circle. Buy when it falls, hold on and fall again, cut meat and leave the market and rebound, and finally chase high and fall again. This experience is very common, don't panic, because the leeks are similar. The dealer controls the leeks through market fluctuations, but if you have enough patience and confidence and are not shaken by short-term fluctuations, the dealer can do nothing. There are many reasons for this round of decline, and institutional selling of Bitcoin is one of the important factors. But the amount of institutional selling is limited, and the market will not fall sharply. The current market selling pressure is large and needs time to digest. The selling pressure from miners has also exacerbated the market downturn. The bottom is expected to be around 62,000, when the long army will resolutely intervene.
Please believe that this is the beginning of the bull market, and the real madness has not yet come. With the popularization and legal status of cryptocurrencies, especially the passage of Bitcoin and Ethereum ETFs, the popularity of the currency circle has increased, attracting more young investors. The friendly attitude of the policy towards cryptocurrencies has also added momentum to the bull market.
Today, the SEC abandoned its investigation into Ethereum 2.0, clearing the way for institutional investors to enter the market and driving the market up. However, the risk of a callback is still there. Investors who bought the bottom yesterday can leave the market with appropriate profits today and wait for the opportunity to buy the bottom again. When investing, please be sure to control your position and do not operate with a full position. Long-term investment should regard the market decline as an opportunity to buy more tokens. #币安合约锦标赛 #币安HODLer空投
In the currency circle, if you don’t know how to operate and are still confused, welcome to follow and check the introduction! This round of bull market will explode more hundred-fold coins. Next, I will announce the next hundred-fold potential coin among 10,000 fans!It’s better to grasp the opportunity than to guess!