The market is down, you can buy it in the short te

March 17, 2024 Grandpa clocked in

The earth dog market continues, and stories of getting rich are repeated, but there are more speculators behind the scenes to pay for it. Many people invest a few or dozens of dollars, and their profits are immediately cut in half or even reduced to zero. As the earth dog market continues, There will be more and more scam projects. The last round of Tugou market was driven by Dog, Shib, Lowb, etc. This time the Tugo token is also very down-to-earth. It is foreseeable that the final outcome is that 99% of the projects will lose money or even be short-lived. When playing this kind of game, play with a small amount of money.

The market has been falling for a few days, and the current decline has a certain amount of room for bargain hunting compared to the high point. Therefore, if you have some chips that were reduced at a high level, you can boldly add in to try to hit the bottom. I added a little bit. From the daily level, the current price of many coins has formed a second bottom with the pin on March 5, so this point has logical support. The fly in the ointment is that the price of the pie is still on the high side, so we dare not buy a large number of dips. However, if we have reduced our holdings at high levels and have made a profit of more than 10 points, we will not worry about further corrections.

The difference between this time's decline and the previous one is that the decline turned into a negative decline, and it was a public decline, while the last time it was a sneak attack at night. Obviously, the last plunge was done in order to explode the long position. The early morning was chosen not to give the bulls time to react and add margin, which could lead to a series of liquidations. This time, it seems that because there are a lot of bargain-hunting forces in the market, the main force chose to smash the market in an honest way. From this perspective, the long-term risk of bargain hunting is relatively high now. On the other hand, I think the short-term risk is not that great. The market should still rebound. However, if the subsequent market rebound is not strong enough, we will have to consider a large-scale retreat.

Another point worthy of vigilance is that U.S. stocks have been hovering near previous highs recently, and it seems that this position has encountered strong resistance. I have to admit that even if the rebound of the market this year exceeds that of U.S. stocks, the overall rhythm is indeed relatively similar. Therefore, we'd better watch the breakthrough of U.S. stocks before considering whether to make a big bet. I said before that this bull market is in the second half, but reading the comments everyone seems to think it is still in the early stages. Whenever everyone is so unanimous and certain, I get a little scared. In short, my own position is light compared to the bear market, so it can be regarded as a reference.

Thanks for following and liking.

热点： BUY CAN IN