Please cherish the time when the market is sideways. Now is the best time for the cryptocurrency world.
Judging from the indicators, moving averages, and K-line structures, the current Bitcoin is trading sideways around the 100,000 mark; opportunities are being passed on to the copycat market.
When will the market fall?
Let me tell you a scenario: Bitcoin needs to make a big pin first, and then go up to the secondary high, before there is a possibility of turning and adjusting. In the process of Bitcoin making the secondary high, some altcoins will explode. I don’t know what the principle is, but this way of moving is engraved in my memory.
The higher the pie is pulled, the less afraid I am of adjustments. Why?
1. Because the higher the price goes, the higher the safety margin will be for me. It is foolish to talk about trading without considering the cost of holding a position.
2. According to the triangle trend strategy, the trend needs to be destroyed step by step. The higher it is pulled, the stronger the force required to destroy it. In the bullish trend, the bears also need to gather this force from small to large, which will give me enough time to escape.
I haven't talked about Ethereum for many days, because there is no need to talk about it. I have said before that Ethereum is divided into two boxes. Breaking through 2800-3000, it transitions from the lower box to the upper box, so the position of 2800-3000 changes from the top of the lower box to the bottom of the upper box. The pressure support has been converted.
The first target is 4000 before the judgment remains unchanged
At this stage, I will adopt a gradual profit-taking strategy for the copycats. There are thousands of profit-taking methods. For me, the copycats’ significantly higher growth than the big cakes is excess profit. Selling them will always make money. Everything is the best arrangement.
At the same time, it is also necessary to plan some long-term, good-looking copycats that have already pulled back or have not yet taken off.
Predict the next sector to explode!
1. Meme section
-$Doge: Always optimistic and on the road, with the support of Musk's market, huge amounts of money are pouring in, showing strong momentum
-$CAT: The only meme token backed by the official Simon’s Cat brand and IP. In the future, $CAT may become the top representative of the cat meme market and usher in a multi-fold market value growth.
-$Floki: With celebrity effect and many fans, long-term holding may bring value recovery. Coinbase is about to go online, and it is expected to usher in more market attention and capital inflow.
2. Ethereum Ecosystem
-$Uni: It is also the leader in decentralized exchange, with a stable position. Market fluctuations will not affect its long-term potential. The public chain will be launched later this year. Node operators need to stake UNI, which will be used as gas for the public chain.
-$Ldo: Liquidity mining has its own characteristics, with low market value but strong liquidity, which is worth paying attention to. SSV, Pendle and other Ethereum ecosystems have their own characteristics, and they are related to finance and mining.
3. Sol Ecosystem
-$Ray: A decentralized stablecoin protocol with strong competitiveness and great growth potential. It is a rising star in the sol ecosystem such as jup and jto, and is good at both finance and games.
4. AI sector
-$Fet: A leader in the decentralized AI data market with strong strength and great growth potential.
-$Arkm: Using AI technology to provide the market with intelligent investment solutions, professional and reliable.