The bull market has just begun, why do some people say it is over? A short-term pullback is for a better rise. If there is no pullback, it will be detrimental to the rise.
Bitcoin's pullback last night, in this wave of pullback, meme performance is still eye-catching, and the copycats suffered. Many have returned to the starting point. After the meme market ends, funds will rotate to a wave of value copycats, but the amplitude is limited. Everyone chooses the right target!
Meme is not suitable for long cycles. Unless it is listed on binance with a strong narrative, it is better not to fall in love and be a scumbag trader!
Bitcoin is retreating at the 4-hour level, and the support below is around 86,000. For the market, there is no need to panic. If this position is not broken, the bull market is still safe!
After Bitcoin stood at 93,000 US dollars, it ushered in a wave of rapid decline, and the price fell back to 87,000 US dollars. Will this be the peak of 2024?
This question should be of concern to many people.
Identifying the top is a very cautious matter. According to our past experience, we need to conduct a comprehensive analysis from five aspects: technical, financial, news, fundamental, and policy.
Any single technical aspect to identify the bottom and top is relatively less accurate. Of course, unless you have really top-notch technology, there is no problem.
The current currency circle has integrated global capital, and its complexity exceeds any financial market, so I personally think that using a comprehensive analysis of 5 aspects will greatly increase the winning rate.
Although it is difficult, as long as it can help us make money, we must overcome these. After all, no one can get along with money.
Of course, Learning is a difficult thing. It corresponds to human nature. Just like speculating in cryptocurrencies, you may make money for a while, but it does not mean that you can always make money in the future. The same is true for learning. If you work hard this month and fail to make progress, it does not mean that you do not need to make progress in the same issues in the future.
Making money is a complicated thing. No one can do it easily.
This is why many people found that they did not make money if they held the currency.
The development order of the market has changed. Bitcoin is no longer such a simple digital currency. Therefore, everything is different.
However, one thing will not change, that is: gold will always shine.
Only by improving the ability to find gold can you make money in the currency circle for a long time and stably.