#市场周期与趋势 Recently, trader Eugene mentioned that altcoins are guiding the market direction, which left me a bit confused. 🤔 I used to think that as long as I watched Bitcoin, I could understand the overall trend, but now I realize altcoins are so important?



He said Bitcoin has not effectively fallen below $84,000, and currently the market trading volume is very low, with everyone on holiday. What does this mean? Is it that the opportunity is coming now, or is the risk greater? He mentioned, "As long as a few big buyers enter the market, the order book can be easily torn apart," which feels like a quiet market that could explode at any moment...

Another detail that impressed me is that Eugene suggested going long below $90,000, and emphasized having a clear stop-loss level. As a beginner, I just realized how important stop-loss levels are—they're not something to gamble on randomly. 😅 He said that historically, January tends to be very volatile, so this month could be quite interesting.

My biggest question now is, how can I identify signals from altcoins? Should I start by understanding which altcoins to focus on? Looking forward to everyone giving some guidance to a newbie. 💡
BTC-3.86%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)