Bitcoin has been trading sideways at a high level recently. Even if there is a brief decline in the hourly level, it can be pulled back briefly whenever the short contract positions surge. When the market is flooded with funds and the bullish trend has enough confidence, the market will fall into an illogical collision between bulls and bears, and the spillover funds will accelerate the entry of wavering investors.

The technical aspects and market sentiment of the day before yesterday gave Sanshu a strong signal of a short-term correction. The market did not get out of the current high-level consolidation pattern at the end of the weekend, and with the sharp surge in short positions, there is a possibility of liquidation. In any case, after stabilizing the basic position of the big cake, just wait patiently for new layout opportunities.

Dexx has become completely popular in the past two days. It took less than a quarter from its inception to its final explosion in the circle. As of now, the public information shows that more than 100 million US dollars of assets have been stolen, and the rest have been isolated by the platform. The current known information does not make it clear whether it was hacker behavior or the platform's own theft, but in my opinion, the possibility that it was done by people related to the platform is at least 90%.

If the final investigation result is true, then the market acumen of the people who did this is really amazing. When meme first started, they did their best to market it. When meme was at its peak, the platform fees directly made a lot of money. When meme was at its end, they just wiped it out.

People in the crypto market are quite angry recently. I guess the reason is that the market has probably started, and many people have not made money. As soon as the Dexx incident came out, many people posted on X that they would pursue the responsibility of the Dexx platform recommender and ask them for compensation. In my opinion, the people who said this are either stupid or bad, and their intentions are not pure.

The Kol promotion list that was circulated online today looks familiar. They are basically investment research leaders in the primary market in the Chinese-speaking world. A considerable number of them suffered heavy losses in this theft. It is not wrong to recommend people with the same frequency who have needs to participate in a market where you can make money and are familiar with it. Moreover, there have been people who have devoted a lot of investment research energy in the field of the primary market. Collective theft, who wants this to happen?

Although the secondary market did not fall as expected, the start of this wave of old cottage was still expected. The article also gave a relatively clear hint starting from last Tuesday that the first batch of sectors to rebound after the meme wave were the old mainstream. LTC, BCH, XRP and ETC have all recently gone up by at least 20%. The trend is far from reaching the peak. The bull market sector market generally lasts for about a month, and it is still early to reach the high.

Seeing the current meme, I can't help but think of the VC coin at the beginning of the year. I wonder if these project owners have thought about it. It's not that we don't like VC coins, but we don't like VC coins that only fall and never rise. Looking at products of the same period like SUI, how can people not be happy after the main force starts to pull the motor?

Finally, the current atmosphere in the secondary market is gradually picking up. In the visualized future, whether the big cake will adjust or not, I have enough reasons to believe that the market will explore the way to the historical highs wave by wave. The trend is really coming.

BTC: Bitcoin has been fluctuating above the first support range of 88,000-86,000 points for a week in a row. It is expected to continue to test this support range. The probability of covering downwards before effectively breaking through the daily high still exists. However, before the final short trend is established, it will not affect the rebound of the copycat market brought about by the spillover of big money.

ETH: Ethereum is linked to Bitcoin and is weak. The technical support of the callback market is around 2800 points, and the amplitude is linked to Bitcoin.

Shanzhai: Pay attention to several sectors, including the old mainstream and AI concept series, which have not yet started, and the game sector. Nvidia will release news on AI concept next week, which is expected to drive a wave of sector market. For other Shanzhai, please discuss in the comment area.

The Fear and Greed Index reached 90 during the day (the highest point of the year).

Finally, stay away from leverage and stock up on spot goods! ​​​#市场回调，观望还是上车？ $BTC