Negative news flooded the screen, but BTC did not experience a stampede like decline.
Currently, BTC is fluctuating around $63000 with limited 24-hour volatility. Previously, the market experienced a large-scale liquidation, with over 1.6 billion US dollars of online liquidation in a single day, of which the proportion of long positions was close to 75%. Leveraged funds have completed a round of clearing.
Meanwhile, the market panic index remains low, and funding rates remain moderate without extreme crowding.
This indicates that:
Short term sentiment is weak, but the market has not experienced a complete withdrawal.
For coin holders, it is more important to adjust their capital structure than to emotionally cut flesh.
① Reduce volatility risk
Part of BTC will be converted to stablecoins, waiting for better opportunities for layout.
② Retain position income
Long term BTC bullish users can retain their core positions while utilizing idle funds to generate profits.
Current financial management method:
Binance:
Financial Management → Simple Money Making → Current Products
OKX：
Earn coins → Remaining coins treasure → Current account
Bitget：
Financial Management → Current Financial Management
Suitable scenarios:
I don't want to sell BTC, but I hope to improve my capital utilization during the market period.
Attention location:
Set BTC price warning.
Drop below around $62000, reassess position;
Breaking above $65000, pay attention to the trend changes.
When the market is at its toughest, beware of being taken away by emotions.
Risk Warning: The views, conclusions, and recommendations presented in this article are for reference only and do not constitute investment advice. The market is risky, and investment needs to be cautious.
