The reason for Bitcoin's consecutive two-day plunge may be because of Google. The latest news is that the quantum chip developed by Google has achieved a cosmic-level breakthrough in computing. In benchmark tests, the Willow chip completed a 'standard benchmark calculation' in less than five minutes, while even the fastest supercomputers today would take '10 to the power of 25' years to complete this calculation – a number far exceeding the age of the universe.

If this chip is used for Bitcoin mining, then the remaining coins will basically have no mining workers left; everything will be mined by this machine, which will completely eliminate mining workers, and decentralization will cease to exist. This is why it triggered panic selling.


It is also due to this news that the market experienced a significant plunge in the early morning. This large adjustment is very similar to the one on the 6th, with the timing also chosen for the early morning, and many friends woke up to find their positions gone. The purpose of the market manipulators is very clear: to eliminate long leverage while the Asian market is resting, keeping the market light, which allows for a smooth upward trajectory. However, it is quite interesting that recently, altcoins have been performing like Bitcoin with enormous leverage; when Bitcoin drops by 1%, altcoins can crash.

Previously, Bitcoin dropped from 100,000 to 90,000, and altcoins didn't drop much; they were not correlated. This time, however, they have correlated again, which is always unexpected. Currently, almost all altcoins have formed holding patterns, except for a few strong coins like PEPE. This is obviously not good, but fortunately, from the drops in the last two days, we can see which ones will rise and which ones are really weak. For example, stronger options include: PEPE, ONDO, JTO, MOVE, ME, HSK.

PEPE

PEPE is the leader of the entire bull market MEME and has a good storyline. It has outperformed Bitcoin; although it has broken its previous high, it is likely to double again. Looking at the trend, it is moving quickly. Entry points: around 0.21–0.22.

ONDO

RWA has a good ecosystem and is already implemented, with the backing of BlackRock. During a downturn, it can definitely be selected, but I likely won’t buy it because there are still coins between 0.2-0.6, and I have already completed my layout; why buy at 1.5-1.7?

JTO

The SOL sector, comparing to the ETH sector's LDO market value, should conservatively be at least 60% of its market value. This coin rises slowly and declines gradually. It starts to perform when the broader market crashes, and everyone has adapted to this. So every time there is a major drop, I can invest in it; I always set up buy orders.

HSK

With a market value of over 100 million, this type of coin generally behaves in a way where it opens high and then falls for one to two months. A bull market accompanied by an increase in trading volume and ecosystem will lead to a significant rise. Therefore, such projects can be considered stable during downturns, and it is relatively safe to buy the dip.

The coins above represent those that are relatively stable and safer to buy during a major drop. They may fall when the market drops, but their rebounds will be relatively quick and safer. During a market crash, our biggest concern is not missing out on trading but whether the assets we have will drop to zero or continue to decline. The aforementioned coins, even if they drop, still have future opportunities, while many altcoins indeed have the risk of dropping to zero and experiencing endless declines.

Of course, there are also some similar coins that can be bottom-fished during major drops, like Litecoin and TON. These are relatively stable mainstream options, allowing for short-term profits of 10-30 points without issues. The future development of TON should also be good, so preparations can be made; today, Ouyi announced an investment of 5 million USD.

That's all for today. During the bull market phase, many people hope to have a free exchange. If you really can't navigate the crypto space by yourself, don't force yourself; come find me to learn, get the latest information, plan, embrace the bull market, improve your win rate, and say goodbye to being trapped at high positions.

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