
Post
EGCTRADE
Hold on to the spot positions you bottomed out on
These days, I actually don't feel like trading frequently.
CPI is higher than expected, the probability of a rate hike is close to 90%, US Treasury yields are approaching 5%, and BTC spot ETFs have had continuous outflows.
The expected pressures have basically arrived, but BTC is still holding around $76,000 without further dropping.
During the market panic a few days ago, I gradually bought back the spot positions I wanted.
$BTC, $ZEC,$ZEN
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