CryptoTherapist
vip

Recently, the crypto assets market has shown a weak trend. Bitcoin is hovering around $2400, while Ethereum is stagnating around $106. As for Solana, I am considering reducing part of my position around $138.



Currently, most altcoins are performing poorly. Whether it's Magic or TON, it is advised to only use them as a reference for spot trading. Unless you are entering at extremely low prices, it might be worth considering temporarily stepping back and looking for suitable entry opportunities at the beginning of the month. The purpose of this is to help investors manage risks, as everyone's funds should be treated with caution.

The current market conditions are similar to the 'Monkey Market' from April to October last year, and it is expected that the third quarter will be a scaled-down version of last year's market. In such market conditions, it is advisable to conduct trend trading only once a month, while short-term trading should be limited to no more than three times a week.

In the long term, the market in the fourth quarter is more promising and may see a significant rise. However, risk control is always the primary consideration. Every investor should develop an investment strategy based on their own risk tolerance.

Overall, the encryption market is still full of opportunities, but it is also accompanied by high risks. Investors need to stay vigilant, conduct thorough research and risk assessments to ensure the safety of funds and investment returns.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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PebbleHandervip
· 20h ago
Who are we with? Analyzing every day, just get it done.
Reply0
MevWhisperervip
· 21h ago
Bear Market means learning to wait
Reply0
TokenomicsTherapistvip
· 21h ago
A bearish outlook means it's the bottom.
Reply0
YieldHuntervip
· 21h ago
degens still aping into alts? lmao the risk metrics are screaming rn
Reply0
GasFeeTearsvip
· 21h ago
Still panicking a lot.
Reply0
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