The current style has basically been set, and the subsequent trend is more likely to be a slow bull market rather than a crazy bull market.



Fundamentals: The Fed's interest rate cut is already set in stone, possibly in September, at the latest, at least in November, the general direction is definitely looking long.

Sentiment: On Friday, the market already showed strength. If it is expected to be a crazy bull market, it would withstand the pressure from short positions and push up forcefully. However, the funds chose to absorb the selling pressure first and then slowly rise. This kind of trend is relatively stable and can go a bit longer.

Operation:
In the early stage, it is more inclined to BTC, Ethereum, and even XRP, BCH and other major coins, which have better resistance to fall and are suitable for trend trading. Even if they are hit, they generally do not destroy the trend, making it easier to recover later. (It is recommended to hold patiently, and gradually increase the position when falling.)

In the mid-term, when there is an acceleration, it tends to be more inclined towards the altcoin market for a doubling bull stock. (Confirm strength before chasing high)

Try not to make frequent moves in trading long positions, because the overall market trend is slow, so the analysis of the trend may not change much within three to five days.
BTC2,27%
ETH2,33%
XRP1,57%
BCH0,96%
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Sarangerelvip
· 2024-07-14 13:07
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Bygeographervip
· 2024-07-14 13:06
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Miss_1903vip
· 2024-07-14 12:01
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WhiteShadowvip
· 2024-07-14 10:38
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· 2024-07-14 10:11
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KatyPatyvip
· 2024-07-14 10:11
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Boxerqueenvip
· 2024-07-14 08:31
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xiaoXiaovip
· 2024-07-14 08:13
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