The Madman says...

In the process of the Bitcoin main bullish wave, the construction of the peak does not happen in one or two days. It often takes more than a month to give everyone time to escape the stage top. As an investor, you just need to set a threshold for this wave's peak, and then reduce your holdings in batches based on that number. No one can sell at the very peak unless they are a deity. It is sufficient to sell at a relatively average value, so when the pullback occurs, it is easy to buy back and increase the quantity of the pie. After all, there is a consensus on the long-term value of Bitcoin, so everything is aimed at increasing the quantity of the pie based on that.

Of course, this is based on my personal understanding. If you believe this wave will directly rise to $150,000 or $200,000, then just consider that I have said nothing. This is the market; the noise will always be greater than the effective information.

ENA has launched a new stablecoin USDtb, supported by a fund collaboration with BlackRock. USDtb is completely different from USDe; its stablecoin properties are more similar to USDC and USDT and is a fully collateralized stablecoin. At the same time, ENA will use USDtb as a supporting asset for USDe. When negative interest rates occur, ENA can close the hedging position of USDe and allocate its supporting assets to USDtb to improve related risks.

ENA is transitioning from algorithmic stablecoins to stablecoins, having seen the big cake of USDT and USDC, risk-free returns, who wouldn't love that? How much ENA can be empowered later depends on the future scale economy of USDtb~

Statement: The article only represents the author's personal views and opinions, not those of the Block客. All content and opinions are for reference only and do not constitute investment advice. Investors should make their own decisions and trades; the author and Block客 will not bear any responsibility for direct or indirect losses incurred by investors' trades.

"[The Madman Says Trends] How to Escape the Peak of Bitcoin's Main Bullish Wave? Reduce Holdings in Batches, Add on Pullbacks" was first published on (Block客).