Last night, the U.S. announced the one-year inflation rate for May. The expected value was 3.2, but the result was 3.5, which is bad news. In the future, you can set a stop-profit point before such bad news comes out, so as to minimize losses when the market falls back. However, long-term positions should not be maintained.
When the market falls, you can slowly buy the bottom. Remember, the position around 60,000 is a good entry point.
Except for ai track and chz, don’t touch other altcoins for the time being. Everyone already has a lot of positions.
It will be safest for us to get on the right side after the market recovers. In the next few days, everyone should try not to be obsessed with technical analysis. Technical analysis is nothing in the face of trends. It can only be used as a reference. Never use it to form your own investment decisions.
The current market is the 90% plain water market, which is quite boring. Even if you stare at it every day, you can't see anything new. Moreover, it is expected that this volatile market has just begun and will continue for a while. Why do you say that? You can look back at the 10th of last month, when Bitcoin was still 72,000. It started to fall on April 11 and touched 60,000 for the first time on April 13. What does this mean? This means that we have barely entered the volatile market for a month. One month is far from enough for the rise to accumulate power. It will take at least 2-3 months to accumulate full power and start the next round. So the market was in vain last month, and the big cake was rubbing back and forth between 60,000 and 70,000. And trading just needs to pay attention to the remaining 10% of the market.
Next, you should continue to control your hands. If you see too much, you will tend to let your thoughts run wild and you will easily lose control of your hands and make random operations. You will feel that the price will continue to fall, so you may as well sell it now and buy it back at a lower price. Often when you have this thought, the bottom is actually very close, and there is really no need to sell, but it is painful to watch.
But now is a very friendly time for some friends, that is, those who have just returned to the cryptocurrency circle or are new to the cryptocurrency circle. This period of volatility can be said to be the best time to get everyone on board before the big bull market. Many friends have been desperately chasing the rise for a while. I have repeatedly told you to wait, the money is in your hands, don’t be afraid of not being able to spend it. The opportunities to get on the bus are always much more than the opportunities to get off the bus.
If you want to make a lot of money in the cryptocurrency world, you must reduce your trading frequency. The more you trade, the greater the probability of missing out on opportunities. In addition, you must have sufficient imagination in the cryptocurrency world. You must have imagination in a bull market and in a bear market. The price of coins will soar or fall to a level beyond your imagination. With these two qualities, I think everyone is one step closer to getting rich.
In this market situation, which sectors are easier to pull up?
In this round of market conditions, which sectors and currencies may be easier to pull up in different time periods? These all have certain rules. At the same time, which are the main narratives that need more attention? I have classified them for your reference so that you can have a general idea of which currencies are more suitable for which market conditions.
① There is no doubt that AI has set off a wave of rising sectors in this round. At the same time, the AI wave in the external global market has created the strength of this sector. This round of AI must be a main narrative sector. The characteristics of this sector currency are that the rise is sustained, funds are pouring in actively, and each decline and rebound performance is relatively good. This is also one of the key points that need to be paid attention to in the future.
② The meme sector adheres to the characteristics of fair launch and full circulation without unlocking, and is popular in the market. In fact, it is not difficult to imagine why meme will rise, because everyone was afraid and tired of being cut by various projects before. Any project party will launch a coin with a valuation of tens of billions, and then a large number of unlocked coins will be in the hands of the project party. The information price mechanism is not transparent and unfriendly to retail investors. The meme model is fairer, so this round of performance is extremely eye-catching. The exchange also adheres to the principle of user first and continues to go online, which shows that the market is very hot. In addition, the fully circulated meme coins give the dealers the need to buy and accumulate real money if they want to control the market. At the same time, the subsequent pull will be more fierce than other coins, and retail investors are more willing to follow the purchase, making the liquidity excellent and providing more convenient conditions for the final shipment. So this situation is what everyone wants to see. This is also one of the main narratives of this round.
③Sol ecology. First of all, the public chain of Sol itself is a high-quality project. The transaction and issuance are extremely smooth and the cost is relatively low. In particular, Sol’s price was seriously underestimated in the last round of bear market due to FTX reasons, and there are still investment institutions on Wall Street in the United States standing behind it. In other words, in order to clamp down on the monopoly of Ethereum, this round, with the help of issuing meme coins, it has become one of the top 3 cryptocurrency ecosystems. However, the overall ecological valuation is actually low, which also means that there is greater room for development in the future, which is worthy of attention!
The above are the three main narratives, which will continue throughout the bull market. Other common sectors such as (games + NFt are one batch, second layer + staking + re-staking are one batch, public chain is one batch, payment wallet storage is another batch, etc....) must wait for the rise of Ethereum in the middle and late stages of the bull market to drive the entire market to a greater extent.
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The article ends here. I will do a more detailed analysis in the circle. If you want to join the circle, please go to Gongzhonghao (The Attack of Mr. Krabs)
