BTC 4-hour level slowly broke through the neckline of 68850, challenging the upper central chip pressure of 70310. Judging from the strength of the rise, the probability of a one-time pull-up of a large positive line is low. There will be a consolidation action and sideways for a day or a small retracement. The short-term support level of BTC is 68300 ~ 67000; the medium-term is still optimistic.
Looking at the list of gainers, today's altcoins are strong and market sentiment has rebounded. Take advantage of BTC's sideways trading or a small pullback to buy/increase spot positions, preferably those that have just risen last week and are now pulling back.
Seize market opportunities and stabilize your emotions. At this stage, if you do your best, there are only two results: making money directly and making money by being trapped for a while.
The popularity of several sectors will change in the next few days:
1. In the sports sector, CHZ led the three musketeers, driving the linkage of the football sector
2. Hong Kong sector, the overall trend is relatively sluggish, Hong Kong sector is positive in April
3. AI sector: The three major AI sector strong coins merged, and the heat is waiting for the hype to explode, driving the market to rise
BTC halving is coming, what are the potential projects that can earn 10-100 times
Aevo is suitable for entry at $3 or below, the market value is low, remember to configure for the long term, benchmark dydx
BOME background pepe is the original author, sol is the Wall Street capital behind it. Currently, SoL and MEME coin tracks are the most outstanding, and BoME is the most promising leading coin in these two ecosystems. The more it falls, the more you buy. For reference, pepe
ETHFI’s TVL has surpassed projects such as puffer and kelpdao, and is now the number one in this field! Buy it at any price below 5, and aim for 8-10
ALT high-quality coins have been deeply cleaned many times, and have received investment support from major institutions. They frequently cooperate with other projects, such as swell, sei, etc. At the same time, the project party has opened a pledge, and you can get good returns through pledge.
ENA will be the dark horse of the year, and it will quickly become the fifth largest stablecoin issuance by market value. The market is very determined to pull up the market. From the perspective of algorithmic stablecoins, the market value will reach 20 billion! Then the corresponding currency price will reach 15, and the short-term 6
Characteristics of bull and bear markets that most people won’t tell you:
In a bear market, prices rise suddenly and then slowly fall.
The opposite is true in a bull market, where prices fall sharply and then slowly recover.
Before a bear market comes, negative news frequently breaks out around the world, but it often leads to rising prices.
On the eve of the bull market, although there was constant negative news, there was occasional good news.
In a bear market, the prices of some currencies fluctuate greatly, with both rises and falls.
In a bull market, the prices of most currencies continue to rise.
The characteristic of a bear market is that within one or two years, the value of most altcoins will evaporate by more than 90%. At present, altcoins have plummeted by 90% and may continue to fall in the future. Only a few potential coins can survive the bear market and shine in the next bull market. During the bear market, there are more negative lines than positive lines on the candlestick chart, indicating that the price is mainly fluctuating and falling. It is difficult for retail investors to make a profit, and most of the time they lose money.
The characteristics of a bull market are that trading volume and market activity continue to increase. There are more positive lines than negative lines on the candlestick chart, prices rarely fall, and retail investors mostly make profits and rarely lose money.
The bear market will torture you for having no foresight. You run when the market goes up, and you are afraid of the waterfall when there is a small correction.
In a bull market, you buy at the lowest point, even if you still have confidence in the currency, you run away as soon as it goes up. In the end, looking back, you sold at the bottom.
This is human nature, this is the market. Can people who cross the bull and bear markets definitely make money in one go?
If you don’t have a strong will in the cryptocurrency circle, don’t even think about turning things around, you’re just a passer-by in the cryptocurrency circle!
The current market situation is that you are going through the torment of a bull market. Are the following things you are experiencing or have experienced?
1. You think the coin has fallen too much, so you sell it. After selling it, it will rise sharply.
2. You think this coin is going to take off! You quickly sell off other coins you hold to catch up, and then it starts to fall.
3. The newly cut coins are taking off again
In this way, your capital will only get smaller and smaller. You will be like a green leek, destined to be cut. When the real bull rushes forward, you will be left with a gun without bullets! Isn't it embarrassing? When the time comes, you will have enough energy but not enough courage. You will watch the currencies rise wildly every day and can only pat your thighs.
Therefore, you must learn how to manage your positions, keep yourself steady, and never do things that involve picking up sesame seeds and losing watermelons.
Sharing trading experience, hoping to bring you some inspiration in the bull market:
1. Choose the entry time carefully
In trading, we need to keep a clear head in the face of the complex and ever-changing currency market. We should be cautious and not get involved in those currencies that are unclear and unpredictable. In the world of investment, it is always safer to choose relatively clear opportunities with controllable risks.
2. Reasonable allocation of investment funds
When investing, we should avoid investing all our money in a single currency at once. Even if you are very optimistic about a currency, you should invest in installments and batches. Because the market is unpredictable, we cannot accurately predict future trends. By diversifying investments, we can reduce risks and improve the security of funds.
3. Stop loss in time and control risks
If we unfortunately buy a currency that is in a downward trend, we should sell it decisively to avoid further losses. At the same time, for those currencies that have not yet caused losses but have shown a downward trend, we should also exit early and maintain a wait-and-see attitude.
4. Select investment targets
When choosing a currency to invest in, we should focus on those that are on an upward trajectory. For currencies that are not on an upward trajectory, it is recommended to pay less attention to avoid being dragged by the main funds and wasting too much time and energy.
5. Avoid Overtrading
Frequent short-term trading may bring temporary pleasure, but in the long run, this practice often leads to a large amount of capital loss. We should resist this temptation, avoid over-trading, and treat market fluctuations rationally. At the same time, we should also control the number of currencies invested to ensure that we can focus on every investment opportunity.
6. Value investment philosophy
A low price is not a reason to buy, and a high price is not a reason to sell. We should focus on the actual value and development potential of the currency, rather than just focusing on the price factor. Only in this way can we keep a clear mind in the cryptocurrency market and make wise investment decisions.
Create a high-quality circle, mainly to explain the basic industry knowledge of the currency circle, the recommendation of market potential coins and altcoins! The rotation of hot sectors, the basic methods of identifying tops and bottoms, how to better grasp this bull market, and a series of other knowledge. If you are interested, you can find me on the homepage.
