Rumor! Huge positive news is coming to the cryptocurrency market, and it will explode on this day. Hurry up and write down this key date!
Dear friends, these two coins will have a major update! Buy at the bottom, doubling in one month is not a dream!
With tens of billions of yuan of selling pressure from Mentougou about to enter the market, will Bitcoin continue to fall? And has the smart money run away now? Let's follow Shuqin to find out.
The first thing that everyone is most concerned about is the selling pressure in Mentougou. Let’s go directly to the data.
The figure shows the performance of Bitcoin when negative news about Mentougou was released in previous times, namely in March and November last year and January this year, which indeed caused a drop of nearly 10%.
But let’s take a look at what happened to Bitcoin afterwards. It rose again after a few days of consolidation, and the increase was quite significant.
In fact, Shuqin has really experienced countless such FUDs from 2017 to now, but believe me, Bitcoin will rise again no matter what.
And based on past experience, every big drop in the cryptocurrency market is actually an opportunity to get rich, especially this year or 2024, which is the starting point of the bull market in the cryptocurrency consensus, so I really don’t know why you are afraid to buy at the bottom, especially if there is a second bottom, then you really can just go all in with your eyes closed and pick up money all over the floor.
Like this billionaire smart money Mr. 100, he started hoarding coins again after a month and increased his holdings again.
This person is very interesting. Every time he adds to his position, he buys 100 bitcoins. Now he has bought more than 60,000 bitcoins, worth 4 billion US dollars, which is equivalent to half of the selling pressure in Mentougou.
If you look at his previous buying records, you can see that he entered the market at the low points of 59,000 and 60,000 last month, and then sold 490 coins at the high point of 69,000 on the 3rd of this month. He is indeed a smart money investor.
He always manages to buy at a low price, so if you look at the whale's technique, in the market conditions of May and June, the average purchase price was only 60,000, which is lower than the entry price of many people.
Now back to the selling pressure in Mentougou, their repayment next month will be negative for Bitcoin, not for other currencies.
Therefore, our Ethereum, Sol, Ondo and the like did not suffer actual selling pressure, but were only affected by Bitcoin. We do not need to buy Bitcoin to buy the bottom, but can buy some small coins that do not have liquidation pressure.
For example, the Ondo wave was very strong. It did not fall below the previous low like Bitcoin, but instead formed a double bottom, and the rebound range was very good.
At this point, Ondo has basically completed the final C wave correction, and now it is just waiting for the market to pick up and start to explode, aiming at the two Us.
In fact, judging from the large-scale K-line, it has just completed the fourth wave of correction, and will be followed by the fifth wave of rise. This will be the main rising wave, and the increase should not be small.
I expect the timing to be the same as last time, and it will take off in about 3-4 weeks. Previously, we also asked those who have not yet boarded to wait for Ondo and Pepe to bottom out again. I wonder if everyone bought the bottom after the sharp drop on Monday?
Speaking of Pepe, this coin is even stronger. In addition to the entry price of 0.1 on the left, Shuqin has been asking traders on the right to pay attention to this trend line. Then yesterday, it really broke through and started to soar. So making money is sometimes really that simple.
Moreover, this wave of rise was due to full buff stacking, W bottom and trend line breakthrough, and a short-term surge of 25%. At the same time, this also laid the foundation for Pepe's long-term bull market.
I predict that it will not be a problem for it to eliminate one zero by next year, which means it will increase by 8 or 9 times. Of course, if you can play the band several times in this process, buy high and sell low, then it is normal to make a profit of 20 times.
People, WIF and Floki, these local dogs, have also taken off. Shuqin did not ask everyone to short sell, but kept shouting to buy at the bottom. They have all risen by 20-30% in the past few days. The increase overnight is equivalent to the climb of Bitcoin in half a year. Shuqin also asked everyone to take profits when the market skyrocketed. It is expected that Pepe will re-enter the market above 0.012 and People will be around 0.085.
In addition to Tugou, Solana can also be deployed at a low price, because it will usher in the ZK technology iteration, which will increase the speed by nearly 10,000 times again. I talked a lot about this on Monday, asking everyone to enter the market quickly, but no one watched that period. Just look at the gains in the past two days, all of them are big profits!
Those who haven't gotten on the train yet can wait and see if the price falls back to around 130 to 135 and buy some.
The Ton order we opened recently in 7u also reached 7.8 as expected. Coupled with the bottom-fishing of various coins, we can say that we have successfully seized the opportunity of this big drop, especially the increase in several local coins far exceeded the market.
So this is how you trade in cryptocurrencies, you need to seize every market fluctuation to slowly accumulate wealth. In fact, you don’t need to do much. This year’s bull market will double by 7 times, and next year’s will double by 7 times. 7 times 7 is 50 times. Smart money snowballs in this way, not by getting rich overnight.
Those who want to work with us can come and have a look. Give Shuqin some confidence and give you a chance in the future. The turning point of your destiny may be right before your eyes!
Now, getting back to the topic, there is a huge positive news about to happen in the cryptocurrency world, which is really exciting.
According to two people familiar with the matter, former US leader Trump will deliver a speech at the Bitcoin 2024 conference at the end of July!
Oh my God, did I hear it right? Trump, who is very likely to be elected this year, is actually going to publicly support and promote Bitcoin. This is amazing.
Even if Trump is elected at the end of the year, it will definitely be a historic moment, and Shuqin can already imagine that the cryptocurrency market will skyrocket as a result.
Now back to this Bitcoin conference, Trump’s speech will also be good for political meme coins Trump, Maga and People, so you can ambush these coins, maybe there will be unexpected surprises.
In addition, the new dark horse public chain Ton has also been favored by many institutions recently. Pantera, a billionaire giant on Wall Street, is using a large amount of private equity funds to increase its holdings of this coin. The Ton chain is currently the public chain that is most likely to become the second local dog base after Solana.
Because it relies on Telegram, it naturally has hundreds of millions of users, and last month a Not was issued, so once the trend of getting rich quickly takes off in the future, this chain may even be able to replicate Solana's myth of benefiting people.
Finally, don’t forget to like and follow us, let’s achieve financial freedom together in this bull market, okay!