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【Today's Analysis of the Cryptocurrency Industry | Fear and Greed Index and BTC Trend Suggestions】
😲Family, today's fear and greed index has reached 70, indicating greed, but this also means that everyone is actually starting to panic a little.
📈From the closing situation of BTC's daily chart this morning, it's really not ideal. If it can't stand at the key position of 95,300, BTC is likely to continue to fall. However, if we analyze it through the liquidation chart, we will find that most people are closing positions or being liquidated, which is equivalent to the market carrying out a certain degree of "cleaning".
🤔 If you don't have any positions in your hands right now, you can actually consider establishing positions at this level. There is nothing majorly wrong. If BTC continues to decline in the future, we can pay special attention to the support range of 92,000 - 87,000 below. At that time, you can bottom-fish in three batches, which is relatively more secure.
My suggestion is that, at the current position, everyone doesn't need to panic too much or be afraid. Slowly layout positions, just like 'eating away' bit by bit. After all, no matter how much the 'big players' (referring to those groups with significant financial advantages attempting to manipulate the market) toss and turn, they cannot easily shake off us ordinary investors. So, be confident and seize the opportunity.
Don't forget to follow, let's find the right opportunity to make a profit in the currency circle together. #BTC震荡下跌,后续走势如何看待?