Pancake Callback, Low-Price Chips, Should We Pick Them Up or Not?
Yesterday, the net outflow amount of the spot BTC ETF exploded the market—$435 million! This is not only the highest value in the past two weeks but also the largest single-day outflow of the year.
As this heavy bomb exploded, Bitcoin also welcomed a pullback, with prices diving down, and market sentiment subtly changing. However, behind this pullback lies both opportunities and risks.
Historical experience tells us that the pullback pattern is clear.
The pullback cycle of Bitcoin generally lasts between 20 days to a month. The last upswing lasted for 22 days, while this time it adjusted after 21 days. After a short pullback, Bitcoin is likely to regain momentum and break through again.
So the question arises: is now the time to pick up low-price chips?
Low-price chips are waiting for us.
Behind this wave of adjustment hides opportunities. The layout opportunities for altcoins have arrived, especially for those that have not surged or have already completed their adjustments.
Key areas to focus on:
Metaverse and established public chains: These popular fields have already begun to stir, and may welcome a new market trend in the future.
Blockchain games, AI, inscriptions, and other potential sectors are also accumulating energy and may explode at any moment.
The reallocation of Meme coins: Classic Meme coins like DOGE and PEPE, despite experiencing pullbacks, still enjoy strong market enthusiasm and community support.
For example, the BONK, DOGE, XRP, and WIF that I previously invested in have already doubled. Next, it will be a great time for us to precisely target the lucrative opportunities in altcoins.
Adjustments before the bull market arrive are our good time to lay out; we should not flail around like headless flies but should focus on those projects with enormous potential, seize opportunities, and enjoy the dividends of the bull market!
Comment “111”, and I will take you along to get on board and help you earn money in the bull market! 🚀
