The market was good, but a piece of news about a large-scale attack on Israel directly brought Bitcoin back from 60,000 to 58,000. Except for a few strong coins, most of them fell back to the highs recovered over the weekend. This makeshift team in the world will start fighting at the slightest disagreement, and no matter what happens, retail investors in the cryptocurrency circle will always pay the bill. It's really difficult for us.
Sun's sunpump platform has only been online for a few days, and Uncle San's words have come true. It is highly likely that the platform will become the final destination of meme. Limited by the meme issuance method without any threshold, the sunsump platform has issued more than 5,000 meme coins in less than three days, and the number is still rising every day. It is conservatively estimated that less than 5% of market participants make money from it, which is seriously out of the 80/20 rule of the market.
Public data from the old meme hairstyle platform pump.fun shows that the number of people making money is still over 20%. Excluding some people transferring money from one hand to the other, the number is at least 15%, which roughly conforms to the basic logic of risky transactions. However, objectively speaking, Sanshu does not recommend that everyone rush to rush into this hot spot in the current market. Only a few can stand out. Without any news from top project parties, most people will end up being cannon fodder.
This market may have the meme of 10,000 times, but we can’t buy it. For example, rare has increased fivefold in the past four days, and sys and dar have doubled in two days. There is no logic in the rise, and there is no new trick in the market. It’s just that the platform has given pressure to delist, and the market value has fallen to the tolerance range of the market makers, so it should be pulled up, that’s all.
Uncle San never regrets not buying this type of skyrocketing coins. The path of playing against the banker is not suitable for the general public. Compared with those investors who were passively eliminated while chasing the rise, what we should pursue is to carry the chips steadily to the end, even if there will be pain in the process.
After more than five months of market cleansing, the dawn of the bull market has wiped out the last bit of vitality in many people's hearts. I believe that more and more friends will understand what Uncle San once said about holding at least half of the mainstream currency in any market. The essence of trading is to realize the appreciation of chips during the market rebound, but the premise is to be able to withstand the extreme retracement pressure brought by the cyclical correction.
I have been to many channels recently. In the short term, the community will set up an open short-term research institute. The data test will be completed soon. You can pay attention to our yield curve and choose whether to follow up. The money-making effect of this bull market cannot be said to be very bad. Many people were able to get the results before March, but most of them spit them back after March, including assistants.
As the cycle progresses, we can only say that there are fewer opportunities for ordinary people. With the continuous entry of ETFs, the way for the world's top capital to enter the crypto market is becoming easier and easier. In a few years, the top few currencies will become the toys of the truly wealthy, and ordinary people will completely miss out. In the closest visualized bull market cycle, I hope everyone will walk together, treading on thin ice, to the end.
The alt market season is expected to begin. The market capitalization ratio has reached the bottom of the bear market, which is also near the strong support point of the previous two cycles. It has been brewing for a long time. Last year, when the alt market was at this position, it rose nearly three times. It has returned to this position again. If it is combined with the real interest rate cut, the height in the next two years will be far higher than in the past.
Only after experiencing darkness can we have a deeper understanding of the value of light. Trading is a kind of bearing and pressure, which allows us to move forward in doubt and forge ahead in the face of decline. There is no trading logic or technical indicator that will not experience retracements. Everything we experience is to have more options after jumping out of this market.
BTC: Bitcoin still does not have much chance at present. The market is still in the support range of 59,000 to 57,300 points. It is expected that there will be an opportunity to test the breakthrough of 59,000 points in the evening. The first step for the market to turn around is to stand on 63,000 points. It is estimated that it will be difficult in the short term. It is highly likely that it will break through 57,300 points before the formal reversal. The previous 49,000 points have stabilized. The impact of the news on Friday will be relatively huge, so the possibility of a large range in the short term is relatively small. After the news is released, the wait-and-see sentiment of funds will be relatively heavy. For the time being, Bitcoin will continue to wait and see.
ETH: Ethereum's intraday trend continues to be linked to Bitcoin's adjustment. The bottom support continues to focus on 2510 points. Today, it quickly pulled back to this position. The support is still relatively strong. The pressure is 2848 points. During the day, there was a wave of highs and then fell back. The technical side is not good, but the short-term exchange rate has slowly risen steadily. From the cycle point of view, it is also repairing the previous decline. Give it some time.
SOL: Solana and other big cakes will have a callback after filling the gap to see if there is an opportunity. The ideal price is adjusted from 130 points to 120 points, with a daily minimum of 140 points. Wait a little longer.
TON: Intervene directly when it pulls back to 5.8 points. There may not be any opportunities in the short term. Pay attention to the support below near 6.5 points and adjust the long position first. It is expected to be strong for a period of time.
The Fear and Greed Index is 28, in a state of fear. After the bottom of the big cake, the first-tier stocks that are expected to rebound strongly are sats, ton, tia, near and mkr. Each corresponds to the dominant position of different sectors. You can refer to it without a pattern. Focus on tia in the short term. One-third of the rebounds above 50% in the past two days are modular.
Finally, stay away from leverage and stock up on spot goods! #杰克逊霍尔年会 #新币挖矿TON #美国CPI数据连续第4个月回落 $BTC #
