Ripple's market value has surpassed Solana and stablecoin USDT, becoming the third largest cryptocurrency after Bitcoin and Ethereum.
In this wave, not just you and me, even Vitalik might not understand it. How did this junk little brother suddenly experience a second spring?
There is no doubt that this is a deliberate manipulation by the backers.
Currently, Ripple's value is still insufficient to support its market value.
If you ask what good news there is, maybe it’s that Ripple donated a lot of money for the election? Trump came to power, taking advantage of the situation? But isn’t that going too far?
Currently, there are many positive news about Ripple in the market, but when the dream fades, you will find that these positives are likely just a deception.
The reason I am optimistic about a coin is that I like to analyze its value. Although people may follow the crowd, good is good, and bad is bad.
Currently, 40% of Ripple's coins have not entered the market for circulation. This is an ancient coin, and being able to reach this level is simply unique.
Moreover, the project team holds most of the chips. For so many years, the only way Ripple has made money is by selling coins, continuously selling coins.
As long as the coin price rises, the founders will lead the way in selling coins to satisfy themselves.
To say its value, what stablecoin, is purely nonsense. Cross-border payment? It’s almost just a gimmick, with no real clients.
Everyone has USDT for payments; when do we still need to use XRP?
In every bull market, Ripple will experience an outbreak, and then the founder will cash out at a high position. After all, more than half of this coin's chips are concentrated in the team’s hands, treating the crypto world as a perpetual ATM.
This game will continue to be played until the team's chips are sold out, after which the project will be shut down directly.
I know there is a large wave of Ripple fans in the market, and this wave of criticism towards the thirteenth may attract backlash again, but if that above statement is not the truth, please let me know.
However, for the fans of the thirteenth, this may be the best time to take profits on Ripple, as there is not much upward space left.
The big players are also starting to sell off slowly.
2,
The thirteenth suspects that this wave of Ripple’s crazy rise hasn’t involved many retail investors, but rather that the big players are pushing prices up through wash trading to attract retail investors.
The benefit of doing this is that the founders can cash out again; the downside is that the retail investors might be cut again.
In this wave, the big players have gone too far, actually pushing the market cap to third place. What qualifications do they have?
Of course, the thirteenth currently does not hold Ripple, and its price fluctuations have nothing to do with me; it’s just that the thirteenth is worried about its crazy draining, which may affect the overall market during a pullback.
After all, it’s no longer a small project, but a giant with the third largest market value.
If this thing continuously pulls back or even halves, the thirteenth wouldn’t be surprised. Originally, in the oscillation cycle of the crypto world, both sides would maintain a delicate balance. If the founder decides to cash out, the impact would be extremely negative.
The same thing has happened almost every bull market with Ripple. When will it happen this time? Is it going to cut twice directly?
Currently, Ripple is still rising and continuously draining.
Everyone must be careful; it’s almost time.
The thirteenth is just expressing his true thoughts; please don’t criticize if you don’t like it.
3,
What will happen to the market next?
The market has been in continuous oscillation these days. From the liquidation map, it can be seen that the forces of both sides are still very balanced.
If it drops to around 93,000, it will clear away the vast majority of long positions, and at around 99,700, it will strongly clear away the vast majority of short positions.
The thirteenth believes that a reasonable trend should first drop below 93,000, clear the bottom, and then go up to clear the shorts.
There is still one point that everyone needs to think seriously about and be prepared for.
Bitcoin's rise from 83,000 to 96,000 faced almost no resistance; it shot up directly. This means that if the market corrects, this range also has almost no resistance. 91,000 might count as one, and 87,000 might count as another, but neither is very strong.
The thirteenth hopes that the market can experience a deep correction under the combined force of Ripple and Bitcoin, after all, many friends are waiting to join.
The market has a downward trend, but it’s not obvious. There hasn’t been any clear direction yet, and the US stock market hasn’t had any particularly large turbulence after opening.
Next, the ETF institutions need to step up. If they continue to buy, Bitcoin is very likely to break 100,000, and then there may be another pullback. Perhaps this wave will directly correct to the right level.
Everyone is waiting to pick up bargains after a deep correction. In fact, if Bitcoin and Ethereum really drop by 10 points, you wouldn’t dare to jump in.
So buying on dips is the best choice; no one can buy at the lowest point.
4,
Today someone asked me, if I recognize the value of Bitcoin, why not hold it directly for more than ten years?
Indeed, there are many people in the crypto world who do not care about price fluctuations, regardless of bull or bear markets, and are solely focused on holding.
But the thirteenth is still unable to do so, not because of a mindset issue, but because the objective conditions are not met.
If I had several hundred million, I would invest tens of millions in Bitcoin and hold it for ten years, which I am sure I can do.
However, the thirteenth is currently alone, and there will be a lot of demand in the future, needing to buy Xiaomi SU7, needing to buy a house...
Personal capital strength is not particularly strong either...
The thirteenth is just a retail investor in the crypto world, just like everyone else. The limit of what I can do is to invest through the bull and bear cycles.
Moreover, I believe this is also the best choice for retail investors to maximize their profits.
After all, the bottom of the bear market and the top of the bull market are still quite easy to judge based on the thirteenth’s investment experience.
In the last bear market bottom, the thirteenth accurately predicted it in an article. Now in this bull market top, the thirteenth has also made a prediction, which should not be too far off.
When it reaches a certain point, the thirteenth will start taking profits, not pursuing the need to catch the tail end.
After that, the thirteenth can just write articles every day and chat about the market with everyone.
Quietly wait for the bear market.
Then reverse the operation and make a profit.
Of course, this operation will be much more difficult. I will provide detailed information in the circle at that time.
No matter how we operate, we must invest with the lowest risk combination, and as long as we can make a profit, we won’t seek to get rich overnight.
In fact, in the crypto world, as long as you operate properly, it is much better than being a wage earner.
But working is the fate of most people; it is the source of funds. Although it’s little, it allows one to live, even if the gain is not very dignified.
But in the crypto world, if your mindset and experience are not in place, you won’t just fail to make money; you might lose a lot instead.
Therefore, the thirteenth advises everyone not to quit their job during a bull market in the crypto world; you will find that there is no way to go when the bear market arrives.
