Cryptocurrency market movement!

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Coin360.png source

As if the cryptocurrency market is going up, it is falling again and repeating an upward trend again.
It feels like the fluctuations in Ethereum are creating the movement of the entire market.

Currently, Bitcoin Dominance is 45.71%. While Bitcoin's dominance maintains its current level, I wonder if an overall bull market can come if Ethereum goes up.

The current opinion of many traders and experts on the market seems to be “the market is very difficult”.
It was predicted that it would definitely rise, but the falling beam was shot again, but the rising flame did not go out. So I can understand how difficult it is.

BTC is holding above 33K at $33,803. BNB, LINK, UNI and LUNA rose relatively high. DOGE appears to have waned Elon Musk's influence. Even in this case, the reality is that Elon Musk's payment support may raise the price. It is my judgment that Tesla payment support through Dogecoin will not occur in the near future, but if you mention it in the name of future development, the price will likely rise with that potential.

The market seems to be able to have more time to prepare and make it little by little, rather than a sharp rise right now. Then, at some point, something will come next to you.
There does not appear to be much change in trading volume.

Traders with high reliability and thorough self-management say that the market is not predictable, and no one can predict it.

The market is expressing “preparing” rather than predicting. It is important not to be emotionally swept away, but to keep both rising and falling in mind, to wait for that time when judging and judging based on my decisions, and to stop and wait for the next when I reach the threshold that my judgment is wrong. .

Of course, the viewpoints and methods of traders and mid- to long-term investors may be different. However, it seems that investors should know the basic physiology of trading. It is the same as doing it by a clear judgment, but does the fact that the period is long term change?

Posted Using LeoFinance Beta



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What I think is that this is not the time for intraday trading but definitely a good time to invest in the dips. That's the strategy I'm following.


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