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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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Dare to trade. Dare to win.
Glancing at the market data, let me state the conclusion first: the level of fluctuation is not significant, and there are no opportunities for large orders. I opened a few stop loss orders of a few hundred U to play around and get a feel for it.
Three points:
1. Here, Bitcoin is more influenced by the US stock market. With Bitcoin rising 1% today, altcoins have not significantly outperformed Bitcoin's increase. Even if there is a breakthrough here, there will be structural pressure again at 1% above.
2. If you are doing short-term trading, you need to wait for a signal K with a long upper or lower shadow here; it is best to have the closing K of 1 hour to be somewhat effective. However, this requires closely monitoring the market data, which is exhausting and the accuracy is still not high (the smaller the level, the less stable it is);
3. The performance of the clones indicates that overall sentiment is cooling down from the frenzy, and it is still necessary to continue observing if there are slightly larger opportunities.