Go to bed early; this is not the place to bottom-fish. As a retail investor, it's very difficult to catch the absolute bottom from the big players. At the very least, you need to see a daily timeframe bottom pattern, or a 3-day candle bottom pattern, before you can determine that the downtrend has stopped. Only after the downtrend is confirmed to have ended should you consider bottom-fishing. Otherwise, a few more sharp drops and you won't be able to handle it—78,700, 77,600? Who knows—it's very hard to guess the bottom. The risk of bottom-fishing here is still very high. I advise everyone to patiently wait for a daily pattern to emerge, enter on the right side, and play it safe. Don’t rush in with a big position to bottom-fish here!

View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)