Yesterday, a cross star was formed and trading was sluggish, but we should be more careful today. Today is the last day of the week and month, so we should be extra careful. Once the shock of this cross star ends, it may be a fast one-way market, so wait patiently for it to happen.
There are only 3 days left until next week, so be patient and enjoy these remaining quiet moments!
In the past two days, everyone’s attention should be on the second ETH. I have been saying that congratulations to my friends in the car (Bitcoin soared 6,000 points! ENS soared 363%, ZEN soared 160%! Double the coins, grasp the wealth of the bull market!)
The 27th was a day to liquidate shorts. There must be people who were impatient to be short sellers when they saw the Bitcoin market pull back a little. As a result, after touching the support of 90K, it immediately hit the carbine. The short sellers had no time to react and watched it pull up to 97 and was blown up. I have said before that when the market pulls back, it is mainly low and long. No matter whether it is the second or the first, don't think that 100,000 is the top. I have always insisted that there is no top in the bull market and less short selling.
Continuing today's daily $BTC market analysis, from the K-line, the 1-hour level is sideways upward, the 4-hour level is bullish, the 12-hour level rebounds, and the daily level is bearish. The intraday pressure level is 98100 and the support level is 92400 US dollars.
It’s a bull market trend, don’t be stupid and try to be a bear again.
The bull market may not end until at least the second half of next year, and it may even last longer. If institutions and big capital continue to push it, what you should do next is to choose the right track and target, and don’t worry too much. Before, you were worried that the second-best stock would fail, but now the second-best stock has stood up, and all those who were bearish on it have disappeared, right? For small investors like us, we just need to believe in the big trend of the market and follow the trend to make money.
The Bitcoin ecosystem will explode, and if you don’t have any, configure some of it quickly:
New coins include: PIZZA FB DOG
New coins include: MERL SEAL
The core of the last round are: STX CKB ORDI RATS SATS ATOM ETHS
So the ones that are exploding now are new coins and sub-new coins. FB PIZZA is about to explode. If pizza continues to pull like this, there is a high probability that there will be great benefits in the future. I guess it will be listed on Binance.
This is the high probability of listing on Binance that I analyzed a few months ago. Suppose PIZZA is listed on Binance first, and you don’t hold any positions and you don’t want to chase it, then you can take a look at FB. They are from the same project, and FB may also be listed on Binance later.
Wealth code:
Another good news: Sol’s price will start to surge a few weeks before the results are released in March, and its Defi leader Ray and local dog leader WIF will also rise as a result.
So why don’t I talk about JTO? I want to apologize to everyone here. I previously talked about the benefits of JTO’s upcoming updates, which is indeed good, but when I looked at the data today, I found a fatal problem:
That is, the coin will unlock 135 million tokens in 10 days, which is equivalent to 103% of the current circulation.
Oh my God, do you know what this means? Assuming its market value remains unchanged, but the token supply doubles, it means that the value of the tokens in everyone's hands has been diluted by 50%.
Therefore, the JTO coin cannot be kept as the risk is too great. Clear the position quickly. Even the bold ones can short it a few days before it is unlocked.
The biggest risk at this moment is not the market, but the impulse to do “shaky operations”.
In the rising stage, hold on patiently and frequently operate to get the best! Continue to hold the high-quality spot at a low price and wait patiently for the price to rise exponentially. If you really can't hold on, you can take part of the profit in batches and raise the stop loss line to protect the remaining positions. Don't rush into hedging orders, the final result is often a double loss of long and short positions, which is not worth the loss.
Friends, a bull market is not about who can run faster, but about who can run farther.