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[转] Bitcoin daily chart has the closing price stuck at 94500 here, so we still need to look at support and rebound first.
With the market downturn, those of you with spot positions and those who are long are feeling uncomfortable. The most common question I get is whether there will be another opportunity for a rebound.
Let me share my understanding with you all. First of all, you should know or even understand the logic behind the U.S. using stablecoin legislation to manage debt. This is a significant move. Bitcoin, as the leader of virtual currencies, will definitely not be finished. Adjustments are normal. The current situation is unstable, and virtual coins are certainly high-risk assets. You might have also seen our attitude towards Japan in the past few days. The Federal Reserve is not lowering interest rates, and the U.S. government has just stopped its shutdown, which is all quite chaotic. So at this time, many people are exchanging virtual coins for stablecoins to observe.
In my personal understanding, in the long run, it is advisable to buy Bitcoin, Ethereum, stablecoins, and coins related to DeFi staking and RWA; I can't say much about the others.
Our class is doing alright. When Ethereum was at 3650, I advised everyone to sell at least eight layers of the bought spot. Later, when it dropped and rebounded to 3600, I notified them to sell again. Yesterday, members in the channel also saw my pending orders. If it goes down, I will definitely buy. If I get stuck, I will also buy. I won't go crazy with contracts at this time; I open contracts for 1 Bitcoin and 10 Ethereum. I never open large orders. So don't be swayed by someone making tens of millions with big orders and think they are amazing. Such cases are often fleeting or photoshopped. The most important thing is to live steadily and last long. Those who are destined will naturally understand the words and emotions of the expert. If they can't understand, there's nothing that can be done. Resonating on the same frequency is cause and effect, just like the Fibonacci!