After watching the market for a while and reading a book, the bear market not only needs to charge itself, but also prepares for a bull market. Bear market sentiment will get worse and worse, but it will get closer and closer to making money. The market is like this, Forever, a few people make money, whichever is the case. Since ancient times, I have only heard of chasing high buys standing on the top of a mountain and jumping from a building. I have never heard of a bear market buying a jump. Therefore, bear markets are precious to madmen. If you are optimistic about an investment product for a long time, you will dare to buy it at 20,000, then you will be afraid of it if you fall to 7,000. Human nature is such that some people dare to go bankrupt in 20000 and imagine that it can go up to 30,000 but no one dares to Selling house stocks at the moment. The main purpose of saying this is to tell everyone that the worse the market goes, the more you should maintain a sober mind. The better the market goes, the more you should maintain a calm and always be different from others. You will outperform this market. .
In this market, do not sleep, and cheer up to continue high, see most of the community is no longer talking, madman feel bright and a step closer, indicating that a large number of people no longer want to open the software to see, but do not want to discuss this market This situation often occurs when they are in the middle and late stages. Most of the activists who are still there are mostly madmen along the way, and the trend is not good. Why should they be full?
Market Analysis
BTC:
Bitcoin as a whole did not have any major changes. It was still sticking down on the 5th. As the attitude of long and short sides did not have much disagreement, this position is still a shock market. Today, the trading volume is relatively low. Yesterday’s enlargement was actually a sign that some small funds had entered the left side of the warehouse. However, if the overall volume can be compared with history, it is still insignificant. Therefore, even if there is a small-scale buying behavior, the madman will not affect the overall situation for the time being. The downward trend, but will delay the rate of decline.
At present, the US dollar exchange rate against the RMB is around 6.32, while the off-site usdt price has gradually risen to 6.55. This can be seen from the side that there is a small amount of funds entering the market, and the layout of usdt is waiting for the opportunity to buy at the bottom. Therefore, if the market rebounds in the future, it will be relatively fast and the operational difficulty will increase again.
If you shrink the map, you most feel that this position is still a halfway uphill, where no one can judge, maybe it is one of the three arrows in the chart. The long-short trend is rapidly changing with the market. Therefore, it is not too late for us to wait for large funds to enter the market and start a long-term layout.
The short-term trend of Bitcoin is still oscillating downwards. Don't ask if it's bottomed out every time you look at a few hundred dollars. If you ask such a "bottom," you will not be 100 at the end. You may not wait. When asked, that is the bottom of the current round of market.
Bifurcation currency:
The madman has been reminding everyone that forking currency will eventually return to zero, but there are still a lot of people being deceived into it, then we look at the overall decline in this round of diverging coins (calculated from the highest point):
BCH: 78%drop
BTG: 84% drop
BCD: 96% drop
SBTC: 98% drop
BTF: 90% drop
BTN: 99.96% drop
BTP: 89% drop
BTV: 99.47% drop
UBTC:97% drop
BTH: 99% drop
BCX: 67% drop
LBTC: 86% drop
BCK: 99.75% drop
GOD: 90% drop
QBTC: 88% drop
WBTC: 92.92% drop
ABTC: 99.99% drop
BIFI: 99.1% drop
Shocking?
There are still a large number of forked coins that have not been listed after bifurcation, which is not good for statistics. Everyone understands it on the line. Although most of the copycat coins are waists, waists, and waists, most people lose 60-80% of their principals. The zeroing of the forked currency will be faster than that of the abacus. If you want to invest 10,000 yuan with your dreams, there is only one dollar left. Only by paying the tuition fees can you control your hands and desires. Therefore, everyone must stay away from those currencies that have fallen by more than 95%. Their future will be the next one, and they will be returned to zero directly.
The general market decline is to educate everyone to respect the market and not to reverse the trend. When the market does not give you the opportunity to make money, you will honestly wait. When the market warms up, you will participate again. Don't forget all the time. Operation, that way, you will end up looting. Looking at the BTC zone of the Huo coin, only four of them rose today, three did not outperform and one was SBTC, which is already close to zero. Such a market is equivalent to a complete annihilation and is really too weak.
I remember that at the end of last year, there were some big gods who were proud of bazaars. They all seemed to have disappeared recently. A bear market was a big wave of Ebbing. The people who really survived were all worthy of respect.