BTC and a group of altcoins rebounded yesterday, then pulled back slightly, without falling to a new low or even retesting the low. Why is there nothing to worry about? It is recommended to enter Sol at 170-180, Dogecoin with a positive event on January 20 at 0.28-0.3, and PEPE with a long-term optimistic view at 0.6-0.175. How are these entry prices determined?
1. The current trend in the currency circle recently, BTC and a group of small coins first experienced a rebound, and then a small pullback appeared. However, there is no need to panic too much, because there is currently no new low, and even the situation of a second bottom has not appeared. Now it is the weekend, Wall Street is in a state of rest, and there is no additional funds flowing into the market, which has to some extent affected the trend and activity of the currency circle. Second, a review of some currency operations and experience summary, taking Ethereum as an example. It was mentioned yesterday that there was some resistance near 3,600, and it was suggested at that time to take profits on rallies. I don't know if anyone seized the opportunity to escape the short-term peak. From the results, Ethereum successfully peaked between 3,500 and 3,600 yesterday, and PEPE also achieved a peak near 0.2. Overall, it was quite satisfying. The uncertainty of high-leverage contracts is very high, so it is more recommended to use low-configured operations, which have smaller risks and can achieve stable profits. After all, as long as you hold on, the prices of many currencies will gradually rise. 3. Specific currency recommendations for low configuration In addition to Ethereum, there are some currencies that can be considered for low configuration, whether it is spot or 2x contract configuration is a good choice. Sol: You can enter the market layout when the price is between 170-180, and it has reached a recommended position for adding more. Dogecoin: Considering the good news on January 20th, it is more appropriate to enter the market in the price range of 0.28-0.3, and it is expected to benefit from the good news and price increase. PEPE: It is relatively optimistic in the long term. You can enter the market when the price is between 0.6-0.175. OM-RWA: As a new leader, go bottom fishing in the price range of 3.4-3.6, and you may be able to seize the opportunity for subsequent price increases.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BTC and a group of altcoins rebounded yesterday, then pulled back slightly, without falling to a new low or even retesting the low. Why is there nothing to worry about? It is recommended to enter Sol at 170-180, Dogecoin with a positive event on January 20 at 0.28-0.3, and PEPE with a long-term optimistic view at 0.6-0.175. How are these entry prices determined?
1. The current trend in the currency circle recently, BTC and a group of small coins first experienced a rebound, and then a small pullback appeared. However, there is no need to panic too much, because there is currently no new low, and even the situation of a second bottom has not appeared. Now it is the weekend, Wall Street is in a state of rest, and there is no additional funds flowing into the market, which has to some extent affected the trend and activity of the currency circle.
Second, a review of some currency operations and experience summary, taking Ethereum as an example. It was mentioned yesterday that there was some resistance near 3,600, and it was suggested at that time to take profits on rallies. I don't know if anyone seized the opportunity to escape the short-term peak. From the results, Ethereum successfully peaked between 3,500 and 3,600 yesterday, and PEPE also achieved a peak near 0.2. Overall, it was quite satisfying. The uncertainty of high-leverage contracts is very high, so it is more recommended to use low-configured operations, which have smaller risks and can achieve stable profits. After all, as long as you hold on, the prices of many currencies will gradually rise.
3. Specific currency recommendations for low configuration In addition to Ethereum, there are some currencies that can be considered for low configuration, whether it is spot or 2x contract configuration is a good choice. Sol: You can enter the market layout when the price is between 170-180, and it has reached a recommended position for adding more. Dogecoin: Considering the good news on January 20th, it is more appropriate to enter the market in the price range of 0.28-0.3, and it is expected to benefit from the good news and price increase. PEPE: It is relatively optimistic in the long term. You can enter the market when the price is between 0.6-0.175. OM-RWA: As a new leader, go bottom fishing in the price range of 3.4-3.6, and you may be able to seize the opportunity for subsequent price increases.