In the past few days, several projects that Thirteen Circles has focused on have seen significant increases, such as BNB and UNI.
Bnb broke a new high this time. It can be said that almost no one missed the thirteenth round, because this is the currency we hold for a long time and we want to get a big bull market.
Today I saw a prediction from the market that BNB is expected to rise to 2400. Of course, this is someone else’s prediction, so we don’t need to take it too seriously.
However, Shisan believes that there is a high possibility that BNB will reach 1500 in this bull market.
In fact, whether it is a bull market or a bear market, investing in bnb is extremely cost-effective, because Binance's launchpad and megadrop have turned bnb into a golden shovel for digging gold.
The more BNB you hold, the greater your earnings will be. Someone has calculated that even if the price of BNB does not rise, if you continue to participate in mining new projects, the compound interest generated can double your earnings.
In the next bear market, the price of bnb is expected to be around 500, which is a step up compared to the previous one, especially with the entry of regular troops, the value has been consolidated.
There is also Uni. When the SEC sent a wells notice, it experienced a sharp drop. Thirteen told everyone in the thirteen circles that they should continue to buy while the price was falling below 9.
As the leader of decentralized exchanges, the value of this project is trustworthy.
It’s just that it fell too much at that time, and many people classified it as garbage, and now they are upset again.
If you are like this, you should sum up why you like to listen to the opinions of the leeks? Why don’t you have a long-term vision when investing? Why do you like to trade frequently? Why do you still not listen to the correct investment method even after thirteen people tell you?
It is difficult to make money in the cryptocurrency world, but in the Thirteenth Circle, it is actually quite easy. You just need to make the right choice, hold it for a long time, and then reap the profits.
2，
Today many people are shouting, "Cows, come back quickly."
Of course, such a title is indeed eye-catching, and many investors have returned to the cryptocurrency circle just for this title.
However, Thirteen still wants to remind everyone of the risks.
Judging from the market, the rising volume is in a shrinking state. Without huge positive factors, it will be difficult to break through the 72,000 position.
When the entire market expects the bull market to return, investors will rush in like crazy, and the possibility of a correction will increase greatly.
Now countless retail investors are frantically getting on board, thinking that the bull market is coming and it will be too late if they don’t get on board now.
This happens to be the time when the risk is highest.
Be sure to remain vigilant, as this wave of market conditions is very likely to be a trap for investors.
When the whole market is going crazy, we must stay calm and make sure we have enough cash in our hands to make ourselves feel at ease.
Once there is a correction, the mentality of many investors will explode instantly, thinking that the market is against them.
Thirteen believes that there is a high possibility that the market will pull back to around 68,000 in the short term. Of course, Thirteen is still bullish in the long term.
It’s just that before the Ethereum spot ETF is passed, the possibility of maintaining volatility is relatively greater.
3，
In the short term, the market still faces the pressure of 10 billion selling pressure in Mentougou.
This is an uncertain factor. To what extent will the market be suppressed by the 10 billion? Of course, not everyone will sell the chips after getting them, but think about it from another perspective. If you were to drink a sip of water to moisten your throat after a long drought, would you?
Especially when Bitcoin has been at a historical high for a long time.
At least more than half of the investors will choose to sell.
So we have to guard against this and not be overly optimistic.
Of course, in the long run, we still see a violent bull market. Some people call the market conditions in the past few days a bull market, but how far have we come?
The real bull market in the cryptocurrency world is when Bitcoin soars all the way to 80,000, 90,000, and even 100,000.
Ethereum has doubled directly, this is called a bull market. The current market situation can only be regarded as a parallel shock. The market is frantically changing hands, accumulating chips, and pushing up the market's public value.
The market will continue to fluctuate and digest the negative news before the bull market begins.
This process will not be smooth sailing. The market will rise and fall, and we may be shaken off the boat if we are not careful.
Therefore, all friends in the Thirteen Circles must hold on to their long-term positions regardless of whether the market price goes up or down.
Any short-term profit taking is temporary.
4，
This bull market is about to begin.
We are all witnesses and experiencers, and we hope that everyone can seize this opportunity to change their destiny.
Instead of being timid and hesitant.
With the entry of traditional funds and a certain team, the price of Bitcoin will become more and more stable, and our opportunities will become fewer and fewer.
We must also strengthen our confidence in this bull market and not listen to some bearish comments.
When the market was experiencing continuous corrections before, many extremists were jumping for joy, but now they are silent. If the market corrects again in the future, they will jump out from the depths of darkness and spread bear market theories.
If you have such a person around you, you must stay away from him and block him. You can even directly curse his ancestors.
Many friends chatted with me privately, saying that because they listened to someone's remarks, they didn't get on the train yet, waiting for a lower price, and missed this round of market. They asked me what to do? What can I do? You deserve to lose money by listening to the remarks of a leek.
We must have confidence. With the emergence of favorable factors such as Bitcoin halving, ETF approval, and interest rate cuts, the market has given us clear bull market signals.
All we have to do is hold on tight.
5，
BlackRock's Bitcoin holdings have surpassed Grayscale's.
This means that the market selling pressure, mainly from Grayscale, is no longer sufficient to have an impact on the market. Currently, there is only one Mentougou left in the entire market.
Why is the market optimistic that Bitcoin will reach at least 12 in this bull market?
Because of the entry of ETF institutions such as BlackRock and their continuous harvesting of chips, their holding costs are concentrated at the 68,000 level.
If the price is lower than this, they will lose money, but will BlackRock do business at a loss?
BlackRock's ambitions go far beyond this. They are already preparing to apply to open their own exchange.
This move is certainly not aimed at traditional financial products, but rather at various financial products specifically targeting cryptocurrencies, such as Bitcoin ETF, Ethereum ETF, and ETFs of other cryptocurrencies.
This will be a groundbreaking initiative.
BlackRock, the first to try this, is likely to take advantage of this wealth opportunity.
Let’s look back at Hong Kong’s web3. It’s hard to describe in words.
If all the mainstream exchanges have withdrawn, how can you still play? The mentality of wanting both is useless for an extremely innovative track.
I still hope that this problem can be properly resolved.
If you wake up one day and find that OKX has passed the Hong Kong registration application, don’t be surprised. This is the correct way to open the web3 innovation capital.
However, the road ahead is full of thorns.
Some bad habits really need to be changed, others will not indulge you and play with you.
Come on, people in the cryptocurrency world,
Welcome to: Minus Thirteen Degrees
Let’s go through the bull and bear markets together and see through the mundane affairs of the cryptocurrency world.