On Monday and Tuesday, there were drops, and many people are seeing 80k, 70k, and even some are seeing 30k. Goodness, if the market were dominated by you, it would be a slaughterhouse. Tonight's CPI, I’m still betting on a pump. The logic remains the same as last Friday's non-farm payrolls. A strong surge tends to weaken over time; short-term continuous drops rarely exceed 72 hours. If there's a rebound today, and you want to short, be sure to take profits promptly, and the position should be smaller than on Monday and Tuesday.
These days, it feels like many people are panicking about the secondary pullback. Several 'dumb whale' friends of mine who bought spot have come to ask me if they can still hold on, whether the bull market is over. Looking at the seasoned investors, their mindset is as steady as ever. Is it not normal for Bitcoin to pull back a bit while breaking through the psychological barrier of 100,000 and six figures, especially when accompanied by altcoins? If this wave didn't pull back at all and went straight up, I would actually panic and wonder if it's really the end.
Most altcoins are pulling back; focus on those few quality altcoins in spot trading. When the opportunity to buy the dip comes, it's up to you whether you dare to pull the trigger.
1. Chips from top casinos (eth, sol, sui)
2. There are core service providers in the casino industry chain, and it would be best if the token price is linked to cash flow.
Recommended recent gainers: Wealth Coins
ADA
Cardano is making waves in the cryptocurrency world with its innovative approach. It offers a flexible and sustainable platform where developers can build financial applications, create new cryptocurrency tokens, and design games. What sets Cardano apart is its commitment to the environment. It uses a system called Ouroboros, which is more energy-efficient compared to traditional methods that consume large amounts of electricity. This makes Cardano a more environmentally friendly choice in the cryptocurrency space.
ADA is the native currency of Cardano, providing fierce competition to Ethereum's ETH. With ADA, users can store value, make payments, and even support the network by staking their tokens. Cardano's unique design divides its blockchain into two layers, allowing it to process up to one million transactions per second. In a market that highly values efficiency and scalability, ADA stands out. Its advanced technology and environmentally friendly approach make it an interesting choice to observe the development of the cryptocurrency market.
TIA
Celestia (TIA) is a groundbreaking modular blockchain network that simplifies the deployment of custom blockchains. By reimagining blockchain design, Celestia aims to enhance scalability and efficiency. Its core innovation lies in acting as a data availability layer for rollups and second-layer solutions, which helps improve performance and adaptability.
This network employs data availability sampling to ensure that data remains accessible without adding execution or settlement constraints. This design allows developers to build specialized execution and settlement environments, expanding the possibilities for decentralized applications and blockchain use cases.
Currently, Celestia's price is $6.70, with a 24-hour trading volume of $1.82 billion and a market capitalization of $2.97 billion. The token's market dominance is 0.08%. Over the past 24 hours, TIA's price has dropped by 14.28%, although its trading activity indicates high liquidity, with a 24-hour trading volume to market cap ratio of 0.6137.
Celestia's market performance is moderate, with 15 green days in the past 30 days, accounting for 50% during that period. Meanwhile, forecasts indicate that the price could increase by 228.25%, reaching $22.35 by January. This prediction reflects the project's positive sentiment and growth potential.
RAY
An automated market maker based on Solana, offering fast trading and liquidity sharing. It has pulled back 40% now, making it a good entry point.