Bitcoin has been struggling above 70,000 for a long time. Everyone has waited until the flowers have faded. Why hasn't it broken through yet? Instead, it feels a bit weak. Even those altcoins that had been growing well could not stand the grinding temper of Bitcoin, and began to pull back one after another. If the boss of Bitcoin doesn't say anything, how can those younger brothers dare to act rashly? If Bitcoin does a reverse operation, the bookmakers will cry and call their mothers.
From the data point of view, ETFs all have net inflows, but the market is not strong and does not rise. From 70,000 to 73,000, the selling pressure is as heavy as a mountain. Whether it is short-term or long-term profits, everyone sells here. Therefore, whether the 66,000 position can be maintained in the next market trend has become the key. I also said last night that as long as the stack of chips at this position exceeds 700,000, then 70,000 will become the market's psychological price, and the market will likely start a new round of rise.
Some people in the market started shouting that the bull market was over, which made me angry. It is not that complicated to judge whether bulls or bears are bulls. When the economic cycle comes, bulls and bears will naturally be determined. I don't give a damn about your conspiracy theories. We just need to judge based on common sense. Don't collect bad news all day long to argue with me that a bear market has arrived. Then why don't you also collect some good news to compare? Bitcoin is about to be halved, the Federal Reserve is going to cut interest rates, the Bitcoin ETF has been approved, and the Ethereum ETF is about to be launched... Which of these is not a big plus?
Therefore, our investment strategy must be based on the bull market. Most of the positions must be bet. If there is a correction, we will continue to increase our positions. If the price rises, we will reduce our positions to control risks. Every round of Bitcoin halving will have a major correction, but this time because of the ETF, the trend has changed. Although historical data shows that there will be a 50% correction before the halving, no one can say whether this will be the case this time. The halving is only 18 days away. I think it is impossible to cut Bitcoin in half. Now the environment, funds, and investors have changed, and history will not repeat itself. However, the possibility of a correction after the halving is still very high. No one knows how much the correction will be. I think it is safer to take a middle value.
Therefore, in this round of Bitcoin’s rise before the halving, spot positions can be left unchanged, but it is best to close those operations such as contracts, leverage, and pledged borrowing that amplify profits. It is safer to only keep spot stocks and wait until the price drops by more than 20% before adding leverage at low levels. It is expected that Bitcoin will definitely break through 75,000 in April. If calculated based on this base, a 25% correction would be in the range of 56,000 to 60,000. Everyone must have an idea in mind and prepare in advance how to operate.
When I give you investment advice, the most important thing is your mentality. In the past few days, someone asked me whether a certain coin can be ambushed, saying that someone told him that it was a hundred times coin. When I looked at the white paper, from beginning to end, not a single item was implemented, not a single technology was my own, and there was no ecology. Why is this coin ambush? Is it just luck? I have been deceived before. I bought a coin based on the recommendation of a Weibo master, but it fell all the way to zero. So don’t buy a certain coin just because others say it is good. You must analyze it independently and look at the project value, ecology, etc.
In fact, it is enough for everyone to invest in the currencies I recommend. These are hot coins recognized by the market, with technological innovation, ecology, and stable value, and funds also like to flow through them. In this bull market, these coins can easily rise more than 3 times. Don't always think about the 10-fold increase, first see if you have the luck and ability to enjoy it. Our profit target is set lower, just 3 to 5 times. Anything above that will be a surprise. Based on Bitcoin and Ethereum, coupled with these value coins, it is difficult to lose money. Take another 10% of your position to do short-term with me, and a bowl of pig's trotters is enough. Don't think wildly, most coins on the market are junk, and there are people who boast about each coin, but it's hard to tell whether it's true or false. When investing, you must abandon noise, return to reality, and don’t be blinded by greed. At the peak of the bull market, we have to slowly exit the market, at least changing our positions to Bitcoin and Ethereum. Most of the altcoins will be exposed in the bear market, because they are all garbage. If they fall, they will have no bottom line and may even return to zero.
Only those who really make money can break out in the bull market by getting low-priced chips. How to get low-priced chips is the key.
The 100x coin project wif, which entered the market in the early stage, has now achieved 1350% profit. Get your money ready. Just tomorrow, the next 100x coin project is being planned.
