Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
The market in the past two days can be described as a bloody storm, whether it's Bitcoin or altcoins. I initially planned to take a 90,000 position during the New Year to set the layout, but I was immediately caught halfway up the mountain. Due to the Federal Reserve's arbitrary reasons, coupled with the collapse of non-ferrous metals, the indirect impact led to this collapse.
Over the weekend, altcoins once dropped to around 2200, and Bitcoin also hit a new low within months, plunging to the 75 range. The market was definitely in a state of lament, but the good news is that I was holding a swing position. My position size isn't particularly large, and I didn't choose to add more C. So, I haven't been kicked out yet.
The market opens on Monday, and whether it can reverse by using the current level as a new support is particularly critical. As for the layout, I won't move the long positions for now and will hold them. I will allocate some funds to do some short-term trades recently, taking some profit from the downward move.
Personally, I am still quite confident about the subsequent market. Currently, it's a panic sell-off. Once we get through this phase, the spring market will come. #加密市场回调 #贵金属行情下跌