BTC Pulls Again: Why Most Aren't Excited

BTC pulls again. Most of them are not that excited. The main reason is that many copycats are falling, and only the MEME sector is rising. I saw a lot of scoldings. There are 2 reasons for this phenomenon1) On-site funds are actually very tight. This is clear from the leverage ratio. Therefore, funds can only trigger partial market movements, which is reflected in the fact that only the MEME sector has risen. Many people will sell other altcoins to participate in the MEME sector. Therefore, MEME rises and other currencies fall.2) The higher BTC rises, the market will always worry that the adjustment of BTC will bring down the whole market. As a result, the main funds did not dare to move arbitrarily, while some people were worried about the risk and reduced their positions. also led to a decline. So is there any market for other copycats? Historically, there have been many instances of Bitcoin rising and copycats falling. Regardless of historical experience and logic, there will definitely be a market for copycats, but we don’t know when it will come. The above phenomenon may continue for some time. What you need is to be mentally prepared. Don't act carelessly because of your mood.In the worst case scenario, the copycat will still be weak for a period of time, and if Bitcoin adjusts, the copycat will indeed collapse. But don’t try to avoid it because you don’t know when it will come. And, the most important thing is that when the copycat market starts, the increase in one day may exceed the decrease in a month.Of course, there are two situations where you can really lower your position:1) With leverage,2) The market keeps you awake every day. Trading strategy: If the current position is full and it is a long-term position, then don’t move.If the position is relatively light now, then now is a good time to open the position in batches.

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