The cryptocurrency market plummeted, and Wall Street withdrew its capital? You must know this important information!

Two major positive factors for BNB are coming soon, so hurry up and prepare in advance.

What major updates are there for OP, Manta, Meme and Pixel? Let’s follow Shuqin to find out.

The first is that Ethereum has seen a huge amount of buying in the past two days.

A large amount of ETH was bought and withdrawn by whales on exchanges. More importantly, this buying is forming a trend and is gradually increasing.

In other words, the smart money that previously sold out at high prices in Cancun is now buying them back at low prices, and is not affected at all by the recent market panic.

For example, Wu Jihan has been buying all the time. He bought nearly 100,000 ETH with several accounts and put them all into staking to earn money.

Although he may not have bought at the bottom, if he bought ETH at 3,000, it would have tripled or quadrupled the profit if it rose to 10,000 next year. This proves a famous saying in the cryptocurrency circle: others are fearful, but I am greedy.

Although the cryptocurrency market has started to pull back collectively due to the sudden negative news of the war, I have also suffered a lot of floating losses, but those are all floating losses, because as long as I don’t sell at a loss, there will be no loss, because one Ethereum is still one Ethereum. Whether you make money in the cryptocurrency market depends on two factors:

1. Your purchase price

2. Your selling price

Therefore, any fluctuations in the process are fleeting.

In fact, the real opportunity to get rich in the cryptocurrency circle often appears in a bear market or a big drop. We should buy at a low price instead of selling at a low price, so that we can make big money in the subsequent bull market. I think after the halving, Bitcoin will start to rise in the next 1-2 months, so now can be said to be the last dark time before the big bull market.

Will Bitcoin be able to hold at 58,000 this time? In fact, the probability is quite high, because Bitcoin has already pulled back 20% from its high of 74,000. If you look at the data of the past two years, the largest pullback of Bitcoin is also this number.

Especially last year there was a small bear market, when Bitcoin fell from 31,000 to 25,000, and it held up for many consecutive declines. Finally, there was a false break to lure in a short position, and then it continued to rise violently. At that time, Shuqin also encouraged everyone to bravely buy the bottom. I still hold this order.

So don't give up easily this time. If it really falls below 59,000 and cannot be recovered, it may really continue to fall to 52,000. So if you want to be safe, you should enter the market in batches.

In fact, this kind of decline is commonplace for us old investors. You must know that Bitcoin has been falling for a whole year in 2022, and now it has been rising for 7 consecutive months, so it is normal for it to correct for a whole month or two.

Now it’s not just the coins I mentioned that are falling, all coins are falling, but Shuqin has never given up hope.

Like at the end of 2022, Shuqin led everyone to buy Ethereum at 1300, but it finally fell to 1080.

Many people were worried, but look at it now, it’s already three or four thousand. My old friends who bought the bottom with me at that time are congratulating me, and next year Ethereum will go to 10,000 or even 12,000, a 10-fold return.

So although entering the market now may not necessarily mean buying at the lowest point, compared with the take-off of the big bull market next year, all the coins are now in a low value. Because buying at the bottom is like this, as long as you are not at the very tip of the needle, there will be a little floating loss, which is normal. Billions of smart money Wu Jihan did not buy at the lowest point, but this does not prevent us from taking off in the subsequent bull market.

If you have to find a more certain entry time that will increase as soon as you buy, it must be when Bitcoin stands above the previous high of 75,000, and then it will start the breakthrough mode. But the question is, why do you have to enter the market at 75,000 instead of picking up cheaper chips at a low price now? Right?

Therefore, I would rather buy at the bottom, and at most be trapped for a while, than chase high and be the one to take over the position later.

In fact, I think the Federal Reserve is not far from rescuing the market. At least it will say something good for the market, because now not only the cryptocurrency market is falling, but the U.S. stock market is also falling. The two are linked and in the same direction, but Bitcoin fluctuates more.

Every time the U.S. stock market falls sharply, the Federal Reserve will actually come out to rescue the market. For example, during the previous Russia-Ukraine war, the Federal Reserve originally planned to raise interest rates by 50 basis points, but finally raised interest rates by 25 basis points because of concerns about excessive volatility. The previous epidemic even led to a rapid interest rate cut of more than 100 basis points. Therefore, if the U.S. stock market really falls a lot, the Federal Reserve will really rescue the market, and Bitcoin will also rebound as a result. This is the law of extremes. The more it falls, the more amazing it will rise later.

Okay, let’s get back to the topic.

BNB is about to receive huge attention, as Zhao Changpeng will appear in court on April 30. The result of this case will have a huge impact on the future trend of the cryptocurrency circle, especially BNB.

However, Boss Zhao is very wealthy and has agreed to settle the case with 4 billion U.S. dollars. The United States is very short of money right now, so I think this time it will be a case of raising the price high and then letting it go gently. Not only will BNB explode, but the cryptocurrency market will also rise.

This is just like the previous lawsuit involving XRP, and every lawsuit caused XRP to surge.

However, there is also a small probability that unexpected situations will occur, so April 30th can be said to be a highly anticipated day. Let's go and listen together then. I hope everything goes well for Boss Zhao.

And Shuqin also said last week that BNB now releases a new coin for mining every one or two weeks, which will cause the price of BNB to soar by about 10%.

Basically it is announced on Thursday or Friday every time. Last time we made some quick money and were very happy, so you can look forward to it in the next two days.

However, Binance mining is generally chosen when the market is relatively stable. Now that the market has fallen so sharply, the probability of mining this week will be much lower. It may also be carried out next week. But no matter what, it is definitely more worthy of our expectations than other coins that have no good news, right?

In addition, everyone should pay attention that the Internet celebrity coin Meme will unlock a large amount of 5.1 billion tokens in 15 days, which accounts for 34% of its current circulation.

Therefore, if you are holding this coin, you may consider exchanging it for some similar WIF or Pepe for hedging.

As for the short sellers, instead of shorting other coins with unclear trends, it is better to short Meme. The chances of winning will be much greater.

In addition, Manta, OP, and Pixel will also be unlocked in the next week or two. Those who hold these coins can pay attention to them and play with them.

You can also check out more operations. This piano is updated in real time every day.

come on!