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I did not make any short sales last night. This morning, I took a long position in the range of 98,500 to 100,000, with a current profit of over 2,000. I also took a long position on Ethereum around 2,570, with a profit of over 100. Congratulations to the subscribers who followed and made profits!!!
No matter how many negative news there are at the moment, and no matter how big the market drop is, I think this is a normal demand for structural correction. Bull markets do not go straight to the top, there will definitely be ups and downs in the middle.
Several rounds of washing can't maximize brokerage houses' profits and lose tokens for investors during the waves process, ultimately allowing brokers to buy back at high levels.
Hongyi's view on the upcoming market: the bull market is still there. After this correction, it will take some time to stabilize, and then a real crazy and explosive bull market will start, that is, the season of token explosion.
So, what needs to be done now is not to retreat and cut losses, but to take advantage of readjustment opportunities to gradually build positions, and prepare to welcome the explosion of the second season of altcoins!!!
The live broadcast tonight will start soon. See you in Hongyi's live broadcast room!
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