September 12, 2024
BNB has risen a lot in the past two days. The market has speculated that a new LaunchPool will be launched soon. It seems that the recent market profit effect is really too poor: because of the excessive number of new projects in LaunchPool, the market has begun to actively look forward to it and miss these three melons and two dates. Of course, if you bought BNB at around $500 based on my judgment two days ago, you can hold the currency and wait and see. After all, it is not a problem to allocate some of it for a long time as a golden shovel. For funds that have been in the B circle for a long time, my suggestion is to pay appropriate attention to interest-bearing assets and financial management income.
The current market has been relatively stable. The Shanzhai mentioned yesterday had a pullback after Trump lost the debate, but it pulled back today. This shows that behind the low volatility of the big cake, there are actually hidden Shanzhai main forces ready to move, because there was an obvious liquidation in the 8-5 wave, and then there were signs of main force absorbing chips (generally speaking, Shanzhai follows the decline, and it has been more resilient in recent times). These chips will not be easily sold by the main force, so at this stage, you can definitely take some long-term chips to prepare for the future bull market.
I can briefly tell you that when BTC was between 20,000 and 30,000 in early 2023, the altcoins that would build positions at the same time generally saw a 3-5 times increase in March-May this year. Some altcoins did not make it, and the average rate of return was not as good as buying Bitcoin (almost doubled). However, we need to know the background: this year is only a bull market for Bitcoin. If it were a big bull market, the increase in altcoins would definitely be higher. The core is still the judgment of the timing of building positions, and I think everyone has their own basis for judgment on this.
In the short-term market, this wave of stabilization is still quite obvious, because it is a shock after the bottoming out, generally speaking, it will rise further after the shock absorption is completed to complete the 60,000-point task. However, this wave of bottoming out, there is not much bad news in the market, so when the rebound reaches a certain stage, you can still continue to reduce some, just looking at the trend of the big cake, it is still in a wide range of downward shocks, this market is appropriate to do some bands to reduce costs.
Finally, BN recently has an event to draw iPhone 16. Click to participate: Complete the task to draw iPhone 16. Thank you for your attention and likes.
