The market in the past two days can be described as a bloody storm, whether it's Bitcoin or altcoins. I initially planned to take a 90,000 position during the New Year to set the layout, but I was immediately caught halfway up the mountain. Due to the Federal Reserve's arbitrary reasons, coupled with the collapse of non-ferrous metals, the indirect impact led to this collapse.
Over the weekend, altcoins once dropped to around 2200, and Bitcoin also hit a new low within months, plunging to the 75 range. The market was definitely in a state of lament, but the good news is that I was holding a swing position. My position size isn't particularly large, and I didn't choose to add more C. So, I haven't been kicked out yet.
The market opens on Monday, and whether it can reverse by using the current level as a new support is particularly critical. As for the layout, I won't move the long positions for now and will hold them. I will allocate some funds to do some short-term trades recently, taking some profit from the downward move.
Personally, I am still quite confident about the subsequent market. Currently, it's a panic sell-off. Once we get through this phase, the spring market will come. #加密市场回调 #贵金属行情下跌
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The market in the past two days can be described as a bloody storm, whether it's Bitcoin or altcoins. I initially planned to take a 90,000 position during the New Year to set the layout, but I was immediately caught halfway up the mountain. Due to the Federal Reserve's arbitrary reasons, coupled with the collapse of non-ferrous metals, the indirect impact led to this collapse.
Over the weekend, altcoins once dropped to around 2200, and Bitcoin also hit a new low within months, plunging to the 75 range. The market was definitely in a state of lament, but the good news is that I was holding a swing position. My position size isn't particularly large, and I didn't choose to add more C. So, I haven't been kicked out yet.
The market opens on Monday, and whether it can reverse by using the current level as a new support is particularly critical. As for the layout, I won't move the long positions for now and will hold them. I will allocate some funds to do some short-term trades recently, taking some profit from the downward move.
Personally, I am still quite confident about the subsequent market. Currently, it's a panic sell-off. Once we get through this phase, the spring market will come. #加密市场回调 #贵金属行情下跌