$BTC If it falls to 51600💲, Bitcoin will fall by 30%. There is indeed a strong support near this position.
It is impossible for Bitcoin and Ethereum to fall to 44,000 and 2,400 US dollars, otherwise the altcoins will be gone. Up to now, the mainstream altcoins have fallen enough, but SOL has not been cut in half, and there is no new low. The weak ATOM has fallen to 5, and the bear market has fallen by 90%, 4.5.
If you are afraid that Bitcoin will not bottom out after falling by 30%, wait for the altcoins to have a double bottom on the daily line and other bottoming processes. If you are not afraid, be brave to buy the bottom when the market panic explodes.
The cost of cryptocurrency trading is actually very high. In addition to having a high level of understanding, you also need to understand human nature, finance, courage, luck, discipline, forbearance, patience, and the ability to endure loneliness. You also need to withstand various PUAs, various FOMOs, understand encryption technology, have cash flow to survive, have enough time to learn, have enough starting capital, and have a partner who supports you.
A big taboo in the bull market is to want to make all the money, to make money from every sector, and to make money from every big fluctuation. Get on the train accurately and sell accurately. In the end, you will make nothing.
It's a bit like a baton game. The best way is to make money from your own coins first, and then move to the next sector. Or you can just wait and do whatever sector is up.
The bull market is about mentality management and position management. Opportunities are everywhere, and everything is just beginning.
1) Whether to exit after making money, exit after making money, regret after selling out, and even go back to pick up the money;
2) Trading based on past market trends, without a keen sense of the market. For example, the past few months have been suitable for swing trading, shorting when it goes up and going long when it goes down, and you can make money in half a year. However, when the market changes, from a volatile market to a unilateral market, this group of people will go short and continue to strengthen their judgment.
3) The chips are too concentrated, and they are forced to sell when the market falls. There is no way to survive the trough, and there is no mentality.
So, I think everyone should think about how to sit on the Diaoyutai in this market. If your level is still in the second state, you should learn a keen sense of smell under long-term market education.
After the new high, the unilateral upward trend of Bitcoin is extremely strong, and its consolidation trend continues to move upward like a bulldozer. Even if it falls, it is all opportunities. If there is such a callback in the early morning, buy a little bit. Be sure to control the position and choose spot. Bitcoin can be purchased at will. Even if it is really trapped in a little space, it will soon be recovered. People who are always afraid of heights are destined to have a bad fate. The bull market has just begun.
This round of rise is mainly based on the hype logic of Trump and Musk. In the MEME category, there are only Bitcoin, Dogecoin and some strong MEMEs. These are the leaders, and the dogs will rise with Bitcoin. The current market has not yet come to the cottages of other sectors. The opportunity cost of other cottages ambushed in advance is quite high.
For example, when Musk called for punt, he was calling for the American squirrel, not the meme coin squirrel, so you think there is no connection. This is too serious, over-interpreting the news, which is unnecessary. The core of the entire currency circle is hype, and it can only be used to get it. Then he is a punt, brainwashing yourself is a punt, yes, keep zero IQ, just believe it without thinking.
Be sensitive to news, as long as you seize an opportunity to invest heavily, you will definitely make a fortune. $DOGE
The better the meme story, the more valuable it is. Doge is a top story, and it has been narrated as a US government department.
Pnut is to save America.
The better the story and the higher the position, the greater the market value. Obviously, Charlie's story and position are worth 100 million US dollars. $DOGE #PNUT走高
How do students who hold both Bitcoin and other currencies adjust their mentality? Seeing other currencies depreciate relatively, and the amount of Bitcoin that can be exchanged is getting less and less, won’t your mentality explode? Are you sleeping well?
Overheated sentiment has eased, and the market outlook remains bullish
The US CPI data released last night was in line with market expectations, easing market concerns about the end of interest rate cuts in December, pushing $BTC to break through the $90,000 mark. The early morning profit-taking caused $BTC to fall below 90,000.
However, the current trend of $BTC is still relatively healthy. As long as it does not fall below the 86,000 support level, the upward pattern will not be destroyed.
The volatility in the past two days has also significantly cooled the overheated market sentiment. Binance USDT lending rate has dropped from a high of 50% on the evening of the 12th to below 15%. The funding rate of mainstream coins has also returned to normal, but the funding rate of some altcoins is still slightly higher.
The funding side continues to give positive signals. The supply of stablecoins has accelerated, and the supply of USDT has increased by 2.6 billion in the past two days; funds are also continuing to flow into CEX in large amounts. ETFs are also actively buying. Yesterday, Bitcoin ETF had a net inflow of $510 million and Ethereum ETF had a net inflow of $147 million.
There is no need to be too pessimistic about altcoins. Although altcoins generally fell in volume the day before yesterday, this decline may be just a shock. Some altcoins ($ALT $ltc $not, etc.) have broken through the high point of the day before yesterday.
Overall, the current macro, sentiment and capital aspects have given relatively positive signals, so continue to be bullish on the market.
Any coin's surge requires heat. If PUNT does not have the heat of Binance and Musk, no matter how strong the dealer is, it will not pull the price by itself. If there is no heat, then pulling the price is meaningless, because there are few buyers, and even if the price is raised, only the dealer can take it, so the dealer will not be stupid enough to take it by himself.
Without heat, it can only follow the rise of the market. Once there is heat, everyone understands it, so most people wait patiently for the arrival of heat before the rise is too sharp!
In this round of bull market, AI track has become a hot field, second only to MEME in popularity, and has great potential. Here are several AI projects worth noting:
FET: This is an AI public chain within the Ethereum ecosystem. It can support smart contracts that can write AI models and achieve deep integration with AI.
IO: This is an AI avatar generation project invested by Binance and Mark Cuban, and its prospects are very eye-catching.
RNDR: It is a decentralized rendering network that can provide GPU computing power support and can play a role in both metaverse and AI applications.
ARKM: This is a blockchain trading platform focusing on the AI field, mainly providing support for the trading of AI assets.
TAO: This is an AI project held by Grayscale, and its positioning is an innovative AI asset.
The main tracks of the current bull market are concentrated in the fields of AI, real-world asset tokenization (RWA), SOL ecology and MEME. Investors can focus on potential currencies in these fields.
Most people will be left with nothing at the end of the bull market.
(Here are ways to prevent this)
1. Don't expect a pullback too much: think that the current price has risen to a high point,
Choose to wait and see until you miss the opportunity of more than 10x.
2. Don't know how to stop profit, and the unsold income is not considered profit,
especially if the profit is invested in high-risk coins, it is not considered profit, and the profit is converted into mainstream coins or stable coins.
3. Don't know how to stop loss, those coins that are always in a downward trend and have no upward force should choose to stop loss, because he will make you miss the entire bull market.
4. Don't pay attention to hype and emotions. The main driving force of the bull market is speculation. It is more important to find projects that can attract attention and are easy for retail investors to understand.
5. Too conservative, a little negative news will trigger bear market PTSD.
6. Changing positions too frequently, those strong rising coins will dominate the entire bull market cycle, such as MEME and AI.
7. Don't try to predict the top, which means you are fighting against your own greed.
8. The market is always cyclical. Don’t think that this time will be different, and don’t simply assume that the opportunities in the next cycle will be smaller. The opportunities in each cycle are different.
Most altcoins are too far away from the peak of the last bull market, and this round is the main show of BTC. ETH has limited growth and insufficient stamina, so altcoins are not suitable for blind pattern, because most altcoins may never reach the peak of the last bull market. Only a few altcoins are suitable for the pattern, and the growth space is worth looking forward to. For example: sol, doge. But doge's bull market peak will generally appear 6 months earlier than BTC's peak. Once it reaches the peak, it will immediately fluctuate downward, and it is best to go in batches.
sol is closely linked to BTC, and there is no peak for the time being.
Because doge is tied to Musk, this round of positive factors is strong and the future market is optimistic. There is no ceiling for the time being. For the long term, refer directly to the highest point of the previous bull market and ship in batches. After breaking through 0.44 and stabilizing, the next high point of the band will be 0.56, and then 0.64.
The core meme assets on sol, ban act ai16z and pnut are all at new highs. Don't worry if you don't catch them. I caught some pnuts, and there will definitely be new opportunities. This round of meme market may have a phased correction, but it is far from over. Two objective and one subjective reasons:
1. The alt season after the flood has not really come yet. The peak of the meme season must be when all the alts on the exchange fly together, and now eth and sol have not reached new highs.
2. There is still a long way to go before a new meme of 40 to 50 billion like the last round of shib has emerged. Binance really supports meme, that is, neiro, in just two months. This round of meme is the main theme, and there will definitely be a meme that runs higher than the last round of shib. I am very sure of this.
3. My crypto VC friends are still trying to understand and think about how to enter the meme market, and few of them have really started. The number of traditional VC friends who ask me about meme can be counted on one hand, and most of them ask whether BTC, ETH, and SOL are still available. I remember that at the peak of the last round of NFT, all traditional VCs and FAs were talking about how OpenSea and NFT would change the world, and real institutions and retail FMO were still far from coming.
Mom just hopes you won't miss out again. Open a legitimate exchange account and enter the market quickly, and buy a full position of Bitcoin spot. Financial freedom will allow mom and dad to retire early.
You have been short for three months, and the family is almost out of food. Dad is worried that you will miss out on the market, and his hair has turned gray.
Why didn't you use the red envelope mom gave you a few days ago to increase your position? You are still timid and have no vision. Alas, it's better to mend the fold after the sheep have been lost. Those who insist on bottom-fishing will only survive one in ten. If you hadn't chosen to clear the position three months ago, how happy our family would be now.
My son, I don't want you to put too much pressure on yourself. You must reach a certain height. Just do your best in everything. But making money is not just about working. If the principal is not enough, let's mortgage the house and borrow some money, okay?
Don't go to work first, quit your job and come home to have a meal. We will slowly sort out and chat about how much money our family can get in the future. There are still many relatives who can borrow money. You are not young anymore. You can't go to work every day to earn that little money. Who around you really works hard and makes a fortune?
Alas, those bosses made up to trick you into working like a cow and a horse! You were so happy a few days ago, but you rarely smiled these two days. It's all because of the empty warehouse. Alas.