BTC is still above the strong support point of 25000, which is also the same as in the past, when BTC did not exceed 25000, we said in advance that it would rise to 30000 and then go to 25000 to make a step back, and continue to move up. Although the counterfeit currency market is somewhat out of control, the big flag is still there, and BTC is still the main one, still at the Break-even (economics)#Margin of safety
BTC is still above the strong support point of 25000, which is also the same as in the past, when BTC did not exceed 25000, we said in advance that it would rise to 30000 and then go to 25000 to make a step back, and continue to move up. Although the counterfeit currency market is somewhat out of control, the big flag is still there, and BTC is still the main one, still at the Break-even (economics)#Margin of safety.
Now, unlike in the past, this stage is still in this market. No one is new or weak. The past few waves of market washing have kicked the weak out of the market. The decline during this period is a good opportunity for those who have some experience but dare not enter, whether it is timing or not, as long as they don't see rabbits and don't scatter eagles.
In addition to the issue of currency security, the only remaining issue in the market now is whether counterfeit currency should be included in securities for discussion. For securities, it means that holding them can lead to ownership of a certain aspect of equity, and holding stocks can lead to shareholder equity. Whether it is safe or not is whether it has collateral. Obviously, even BTC does not meet the requirements, which is logically impractical, The only way to implement it is to start from the source of the exchange and impose stamp duty on the exchange, and nothing else can be changed about counterfeit currency.
In this wave of reshuffle, except for BTC and ETH, XRP still maintains a strong momentum and shows signs of breaking through the pressure plate at any time. This is a reassuring experience for the market. As for the reshuffle of other counterfeit coins, it is nothing more than a desire to complete a wave of high selling and low buying, and a new wave of reshuffle.
The vast majority of currencies in the market are currently at cheap prices, and this trend has not even experienced a correction in a sub level. The pressure levels are 10 and 14, but at least there will be a wave of 11 sub level correction. There is nothing to worry about, and if you cannot return to the bottom after three days of a sharp decline, you will have to experience a wave of volatility.
Finally: In a downward wash, not losing or even losing less is winning, doing more is more wrong, doing less is less wrong, and not doing well. Of course, when the leading position of the troops is defeated, do not increase your chances of winning. The situation at each stage is different, and the trend and tactics will inevitably be different. You only need to wait for a crucial victory to reverse the overall situation.
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