In the Crypto Assets market, the most severe fall may precisely indicate the potential opportunity for the next rise. Likewise, when you think the bull run has just begun, the market may actually be nearing its peak.
This is not an empty slogan, but a valuable lesson learned from the ups and downs of the market: buy when the market is cold, and sell when everyone is scrambling. This contrarian investment strategy requires courage and insight.
Looking back at the recent market, when the price of Bitcoin fell to $74,000, panic set in, and hardly anyone dared to talk about "buying the dip." However, the price subsequently rose to $98,200. This phenomenon suggests that when the market is shrouded in extreme fear, even experienced investors hesitate, it may actually be a signal that the market bottom is beginning to form.
According to current market analysis, there may be a buying opportunity for Bitcoin around $108,800, with the first target price to watch being $120,000. For Ethereum, around $4,300 may be an entry point, with the first target price looking towards $4,700.
However, investors need to keep in mind that the Crypto Assets market is highly volatile, with high risks and high returns coexisting. Before making any investment decisions, it is essential to conduct thorough research and risk assessment. Market psychology plays a key role in Crypto Assets trading, and learning to identify market sentiment and seize opportunities is crucial for successful trading.
Finally, it is important to establish your own investment strategy, not to follow the crowd blindly, while maintaining continuous attention and learning about the market. In this rapidly evolving field, only by constantly updating knowledge and skills can one remain competitive in the ever-changing market.
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zkProofInThePudding
· 08-31 01:45
Who wouldn't analyze on paper?
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Elrey78
· 08-31 01:25
I agree about it, some Time psychologi market are anomali
In the Crypto Assets market, the most severe fall may precisely indicate the potential opportunity for the next rise. Likewise, when you think the bull run has just begun, the market may actually be nearing its peak.
This is not an empty slogan, but a valuable lesson learned from the ups and downs of the market: buy when the market is cold, and sell when everyone is scrambling. This contrarian investment strategy requires courage and insight.
Looking back at the recent market, when the price of Bitcoin fell to $74,000, panic set in, and hardly anyone dared to talk about "buying the dip." However, the price subsequently rose to $98,200. This phenomenon suggests that when the market is shrouded in extreme fear, even experienced investors hesitate, it may actually be a signal that the market bottom is beginning to form.
According to current market analysis, there may be a buying opportunity for Bitcoin around $108,800, with the first target price to watch being $120,000. For Ethereum, around $4,300 may be an entry point, with the first target price looking towards $4,700.
However, investors need to keep in mind that the Crypto Assets market is highly volatile, with high risks and high returns coexisting. Before making any investment decisions, it is essential to conduct thorough research and risk assessment. Market psychology plays a key role in Crypto Assets trading, and learning to identify market sentiment and seize opportunities is crucial for successful trading.
Finally, it is important to establish your own investment strategy, not to follow the crowd blindly, while maintaining continuous attention and learning about the market. In this rapidly evolving field, only by constantly updating knowledge and skills can one remain competitive in the ever-changing market.