Everyone is shouting 'cut meat', but BTC hasn't collapsed: what emotions can't take away?
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.
