March 02, 2024 19:09:08The entire market is very FOMO today, with all kinds of altcoins rising by 50% at every turn. This kind of rising market has never been encountered since I entered the market in March 2022. On the contrary, falling prices of this magnitude are everywhere in bear markets. All, and lasted for more than half a year.Those who don’t know have nothing to fear. In such a rising market, whether BTC will pull back or eth will pull back. As long as the big one and the second kid pull back by a single percentage, the copycats will surely bleed like rivers.Therefore, it is common sense that liquidation is also a risk avoidance.However, as mentioned at the beginning, when a bear market begins, such a decline will not only occur once, and after such a decline, there will actually not be a very beautiful rebound. Because the trend has been formed.In addition, today is March 2, 2024, and there are many major events coming next;On March 5th, the U.S. sec approved Fidelity’s spot eth application (**** personally expects to be postponed)No. 3.8, U.S. non-farm payrolls (***)On March 12th, the US cpi was announced (*****)No. 3.13, k Cancun upgrade (*****)Crazy fomo, should I continue to hold the position?I still remember that during the 2.0 upgrade, one week before the upgrade, eth was hovering at 1800. After the upgrade, in the early morning, eth experienced a 20% increase. Looking at the current exchange rate of eth against BTC, there has been no improvement. Based on this, I still believe Before March 13th, the exchange rate of eth will exceed 0.06 and reach 0.07. By then, eth will exceed at least 4,000 US dollars.Therefore, when everyone is fomoing altcoin meme coins today, although eth tokens are like backwaters, they will definitely be the vanguard of the next wave of dramatic increases. With lido at 3.4 and op at 3.8, these tokens will at least still be there by then. There is an increase of more than 30%.Currently, the total leverage of my positions is more than 8 timesFrom a principal of more than 5,000 to about 30 times to the current amount of funds, I feel very uneasy, afraid of losing, and afraid of missing out.I tried to analyze it rationally and objectively, but this emotion has begun to affect my judgment. Especially with the skyrocketing rise of meme tokens today, I am afraid that there will be a violent correction in BTC, which will directly explode me. What is the chance of winning with my judgment?
