Brothers, today is really boring. There are all kinds of mascots, Wright mascot, pump mascot, An An mascot, OK mascot, BG mascot, LV mascot, pancake mascot, BMW mascot and so on. . . .
My god, the returns are 5 times, 10 times or even dozens of times. As long as the angle is reasonable, you can make money by pumping the inner disk. Pnut has brought the hot money on the SOL chain to a higher level.
Let's talk about the overall market. Bitcoin broke through 90,000, but many people's altcoins have not started to rise. In the past two days, all kinds of memes have been flying around. To be honest, everyone is very anxious. Those who got on the train think that they bought too little and didn't go all in. Those who didn't get on the train are staring blankly.
I understand you very well, it's normal, let me take you through the classic trends of previous bull markets
Step 1: After breaking through the new high, the price of Bitcoin starts to suck blood. Most of the copycats do not rise, and a small number of popular copycats are flying around.
Step 2: When Bitcoin reaches its peak and starts to fall back, the altcoins will also fall collectively.
Step 3: Bitcoin stabilizes after a correction, and most of the altcoins start to fly
The whole process took less than a month, and now the big cake has begun the first step of the trend, so~ the season of copycats is coming soon, brothers, hold on a little longer~
It’s time for the gang rape to be worth more. . . Increase my sats!!!
Of course, as you can see, many people may still feel uncomfortable in the second step, because if the big bitcoin pulls back, the altcoin will continue to fall slightly, so you can pay attention to the risks in the short term.
Reasons to pay attention to risks in the short term:
1. The greed index has reached 88. Although it is not the highest, it is relatively high. Historically, high levels of fear and greed cannot last long and will return to a neutral position of around 50 sooner or later.
2. The 60-day increase is close to 50%, which is a bit too high
3. Bitcoin cannot keep rising. After Bitcoin reaches a threshold, it will inevitably fall back. It is normal for altcoins to follow the decline.
But if you look at it from a long-term perspective, it doesn’t take long, just one month is enough, and the copycat industry will definitely take off!
reason:
1. Currently, many indicators are still on the way, and there is basically no data showing that the bull market has peaked.
2. The market share of Bitcoin continues to increase, which is opening up the imagination of the bull market and paving the way for the future surge in copycats
3. Most of the altcoins haven’t risen much yet, so what’s the point of talking about a bull market? ? ? If it ends now, can it still be called a bull market? ?
Therefore, the copycat market will definitely take off within a month. Although I point out the short-term risks, it does not mean that I will reduce my holdings to trade in short periods of time. As I said before, the bull market is coming, and once you sell out, you will never be able to get on board again!
Okay, that’s all for today. See you tomorrow~
#市场回调，观望还是上车？ #XRP短线上扬 #宾州宣布储备比特币
