New coins are online, and a new round of harvesting opportunities is coming. Are you ready?
If you hold Binance Coin or Bitcoin, you have already mastered the key to mining🔑. Do you still care whether the altcoin has value?
So when the new coin rises, short it at the seam, don't be scheming. Every bull market will issue new coins crazily, and its purpose is to exchange the valuable coins in your hands.
Now it is clear that the valuable coins are BTC, BNB. And ETH. As for whether SOL has value in the future, I have changed my original point of view, and the value space of its development narrative needs to be improved.
Believe it or not, the players who pledge mining, as long as they are not numb, will sell the new coins at a high price to let retail investors take over, so as to immediately exchange some BnB and Bitcoin after making a profit.
Why do you say that you will exchange it immediately, instead of waiting for it to fall, because BNB and BTC have the ability to maintain value. Even if everyone is buying at a high price, the return of some new coins after staking will reduce the pressure of floating losses. Therefore, for long-term investors, the current price rise and fall will not be too much of a concern.
The price of the big cake will fall, but it is hard to say how much it will fall. Judging from the current trend, there is strong support at 64,000. If it is 65,000-67,000, it is a bit dangerous to continue to be bearish.
If you are bearish at the price of 70,000, don't panic. Those who shorted at 70,000 during this period, and then locked positions for hedging every time they fell and rebounded, it is estimated that the money earned is N times that of the one-way air force.
As long as ZRO does not break the previous high when it goes online, don't short it. The big guys and the main funds have chips and will pull the market.
If ZRO chases more, it is better to be careful. Once there is a rebound and it fails to break through the previous high in two rounds, it proves that the main force started to sell chips here.
From a technical analysis, the double top is in the form of "M", 95% will fall. If it is a "beautiful shoulder", you can go long at the bottom. It is difficult to predict the trend for the time being. The listing of new coins is a gamble. Under normal circumstances, both long and short positions will be blown up, and neither side will eat meat steadily.
