Cryptocurrency slang:
Picked up: 100u
Long-term use: 72 hours of use
Take profit: double immediately after selling
Stop loss: 90% has been lost
I think this project has great potential: I'm stuck
I was trapped: already cut in half
It’s so hard to make money, my family: I just made 200 yuan
What a shame: What a shame
Eggs are not put in one basket: there are only 2 eggs in total
Out of the circle: It appears again when it rises
I just bought 100,000u: I only bought 1,000u

The core of the plunge a few days ago was on the asset side. As funds have been continuously concentrated on core targets in the past few months, a large amount of leverage has accumulated on Nvidia. With its third-quarter performance guidance falling short of expectations and the postponement of mass production of B200, a downward leverage market has occurred;

The decline in the asset side (Nvidia, Tokyo Electron and other AI technology stocks), accompanied by the exaggeration of the Bank of Japan on the liability side, further amplified market volatility; in the allocation of many funds in the United States, BTC and Nvidia are regarded as an investment portfolio, which has also led to a sharp decline in BTC.

The key to the future market is whether Nvidia can stabilize. At present, the first round of decline has basically ended. The follow-up is to digest the valuation of 60 times PE. After all, AI is not a bubble. It is highly likely that Nvidia will go out of a volatile market with a narrowing volatility, and digest the valuation through time function and profit growth.

In this way, the price guidance for BTC in the medium term should also be a volatile market. In the past few months, the price level of BTC has been mostly between 60,000 and 70,000, and it is still relatively low at present.

In the short term, BTC has strong pressure at 57,000. The bottom-fishing positions can be appropriately reduced. Looking forward to doing a reverse T (DOYR) within the day. Attached to the comparison of the power of buyers and sellers:

Big money is betting on Ethereum ETF!

The spot ETF attracted $98.3 million yesterday,
Grayscale's ETHE had an outflow of $39.7 million,
and BlackRock's ETHA had an inflow of $110 million, which kept rising.

Fidelity followed closely behind, with $22.5 million.
The total net asset value of Ethereum spot ETF is currently as high as $7.06 billion.

It has been two consecutive days of net inflow, with the highest inflow in the most recent day.

Why did many people wait for BTC to go on a second test before it continued to rise?

The decline on August 5 was actually the result of a one-time calculation of various negative factors such as the Japanese stock market circuit breaker + US recession expectations + Jump crash, which caused BTC to fall below 50,000 at one time, and then fell back to 50,000 again after the opening of the US stock market, until the release of manufacturing data eased the market's concerns about the economic recession.
The closing price of the US stock market on August 6 did not fall sharply. In the morning, the Japanese stock market circuit breaker upward, and the world was saved when I woke up. It was found that the crisis did not break out, and it was far less pessimistic than everyone expected.
The Federal Reserve and the Bank of Japan are very smart. The most critical thing in the financial market is confidence. When confidence is restored, risky assets will no longer be sold crazily, and the cycle will not be triggered. But the actual risk has not been eliminated, but enough space and time have been left to solve it, at least it will not develop into a big thunder at present.
This time, BTC is rapidly regaining lost ground and will soon reach the strong pressure level of 58,000-60,000.
At present, the price is 60,000. If the price reaches this level, it is not recommended to increase the position. Just wait and see.
From 50,000 to 60,000, it is a 20% increase. It may follow a similar path. There is a high probability that it will be verified to fall back to the strong pressure level.

What will happen next?

First, everyone’s long orders are blown up, and they dare not buy at the bottom, then they start to pull the market, at this time everyone continues to be bearish, continue to pull, everyone starts to doubt themselves and slap their thighs, continue to pull, the shorts start to panic, continue to pull, the shorts start to explode, the longs can’t help chasing highs, continue to pull, the longs start to fomo to $100,000, and plummet!

#ZEC/USDT

This stock is the same whether it has fallen or not.
If the market doesn't collapse, there is a chance to get out from the bottom.
#zec

In the past, the sol and meme sectors rebounded the most. This time, the meme sector did not catch up. What is the reason? Could it be that most people bought the bottom of the meme sector this time, and the heavy car did not pull the market?

Just now, Shinichi Uchida, deputy governor of the Bank of Japan, said that the Bank of Japan would not raise its policy interest rate if financial markets were unstable. The Nikkei 225 and Topix indexes rebounded by more than 3%.

$SATS Looking at this pattern, I want to do something again, so I bought some spot positions. The upper side is around 28-30

What is the most correct way to buy at the bottom?

The action of buying at the bottom should be fast and the posture should be handsome. Of course, more importantly, you should make sure that you have room for maneuver, because can you really be sure that you have bought at the bottom or halfway up the mountain?
After all, the so-called predictions are all deceptive. No one knows where the price will fall. They are just rough guesses.
Buying at the bottom in batches is a good choice. At least it can ensure that when the price falls, you still have enough money to support your ability to continue buying at the bottom.

All in or leave some surplus?

This is a good question. I think unless you are 100% sure that you have reached the bottom, and then leave the normal living expenses, and the rest of the full warehouse goes in, I can accept it. After all, go all in and don't care about life and death.
But the key issue is that everything is speculation, so don't be so "decisive". After all, life is not a game and you can go in reverse.

Now Jiawo can find me to receive a potential coin Mima, which is valid forever

$SOL is as strong as ever, with a 35% increase from the bottom of 110. Are there still people waiting for $SOL at 88? 130 is the price of SOL for everyone to get on board and make money. When the market comes, what you need to do is to integrate knowledge and action and not be influenced by others.

See the homepage for Mima

Five tips for the cryptocurrency world:

1. In the cryptocurrency world, no one is born a master. Only by constantly learning and adapting can you gain a firm foothold.

2. Cryptocurrency trading is not just about making money. It is more like a game that tests your mentality, wisdom and patience. Only by keeping a stable mentality can you survive longer in this market.

3. Seize opportunities, control risks, and don't let your account lose control.

4. The market is like life, with ups and downs. You need to face it calmly and stay rational. Don't go all-in.

5. Many times, failure is due to strategy and mentality. Keep a good attitude and don't be affected by temporary wins and losses. This is an important secret to becoming a winner.

[After August 5, which currencies did the whales buy at the bottom? ]

On August 5, the global capital market experienced a historic plunge

Although the US stock market rebounded later

The impact of "Black Monday" has not dissipated

The market crash is seen as an opportunity in the crisis

Summarizes the buying and selling trends of whales in large transactions on the Ethereum chain (single transaction exceeds US$100,000) from August 5 to 6
Looking for investment opportunities in the market

By the way, someone should say that Bitcoin will have a V-shaped reversal soon...

Here I share two points:

1. From the perspective of price pattern, the V-shaped reversal is a low-probability event, which is a statistical fact.

2. For the specific V-shaped reversal trend, you can refer to the market from March 12 to April 12, 2020.

BTC has reached the extreme panic index range:

November to December 2018 - BCC fork event
March to May 2020 - 312Covid crash
May to July 2021 - policy suppression
June to July 2022 - LUNA crash event
November to December 2022 - FTX crash event

The above time periods have all reached this index range.

The current index is 17, and the most recent one was in June 22. These times have to consolidate in the panic range for 1 to 2 months. So there is still hope for the future. Don't give up. If you give up, you will really have nothing.

Several key points need to be clarified for this wave of bottom-fishing:

Rebound target: BTC is expected to have at least a 30% increase, with the target returning to above 64,000 and ETH returning to above 3,000. This rebound will at least last to the weekly level, and may even set a new record high, opening a new weekly main uptrend.
Is 49,000 the bottom? Even if 49,000 is not the absolute bottom, it is very close. The bigger the market, the more solid the bottom, and there may be a second or even three bottoming out, or even a slightly new low. If you have bottomed out the spot yesterday, you can hold it safely and be patient; if it is a contract operation, it is recommended to stop profit in time.
Which coins to buy? BTC, ETH, and SOL are the main configurations, and a small amount of funds can be allocated to strong altcoins of the ETH and SOL series. Yesterday, BTC set the second largest single-day liquidation since the bull market, and ETH set the largest single-day liquidation since the bull market. The more liquidations, the lighter the market burden.
If your positions are still scattered, now is a good time to re-arrange. For BRC20 Inscription $SATS, after nine consecutive days of decline, the decline ended yesterday and rebounded quickly after the decline, with the trading volume more than twice that of the previous day. It is a typical decline with no volume and rise with volume. We have always emphasized buying on dips and will not be trapped in the short term. At present, the rebound from the low point has exceeded 40%. I believe that friends who buy the bottom have made good profits. In the short term, it may encounter the pressure of the 4-hour MA30 and EMA52 lines, and a callback trend will occur. Don't miss the opportunity to get on board.

🤔In the face of a sharp drop, 6 golden rules help you keep your position

"Be greedy when others are fearful", after yesterday, is it the right time to enter the market? Here are 6 suggestions from old leeks:

1️⃣
The formula for bottom-fishing in this round of bull market: mainstream coins + mainstream memes

2️⃣
Don't touch the contract

3️⃣
Stop loss in time, here are several stop-loss strategies

4️⃣
Bottom-fishing in steps

5️⃣
Avoid over-dispersion of positions

6️⃣
Take enough stablecoins

At this stage of the market, major positions have been bought in.
After yesterday's big drop, most people don't have big funds to buy at the bottom.
Looking at the data that is 6 times higher than the usual trading volume, it must be retail investors selling at a loss.
It is proof of institutional buying. Retail investors don't have this volume at all.

The more concentrated the chips are, the more powerful the outbreak will be.
Hold your chips well and don't give them up easily.
If the subsequent rise occurs, you can hold on to the bull market.

Just now a fan asked me to buy at the bottom, what are some good altcoins to recommend?
I want to say that altcoins are really not for people to play. You have to know how to choose, otherwise it will be miserable.
It is better to buy some stable bitcoins, sol. This kind of thing will definitely rise when the market rises, unless there is no market.
It is really better for me to choose some golden dogs on the chain that have fallen sharply before. The rebound is also very fierce