$YGG Following $BNX ?
#BNBRiseContinues #CZBroccoliMeme #PPIShockwave #YGG #defi

6 stages of the bull market routine script:

1. Bitcoin takes off, and the mainstream coins that have fallen badly double first.

2. ETH takes over and soars all the way.

3. BTC is sideways, and the copycat follows Ethereum's crazy rise.

4. Meme performance season, local dogs are flying all over the sky.

5. NFT and Ponzi chain games help fomo reach its peak.

6. The whole line collapses, Bitcoin retreats, copycats plummet, local dogs return to zero, and the bear market reincarnates. ​​​
This is a big cycle, and there are also many small cycles in the middle!
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The crash from Saturday to Monday wiped out 130,000 yuan from me. On Monday, I received a margin call message and when I opened Binance, I watched my balance continuously decrease, helplessly witnessing my position being liquidated. At that moment, I was stunned. After it exploded, I couldn't help but shed a tear, pulled the blanket over me, and hid in my bed sobbing.

I didn't sleep well last night, plagued by nightmares, occasionally shivering in the cold. I woke up in the early morning, not opening the exchange, staring blankly at the ceiling, trying to comfort myself, feeding myself some motivational talk.
In the midst of struggling and entangling thoughts, I dozed off in a daze.

At 7 AM, the alarm went off. I opened the exchange and saw that the price had bounced back again.

Tears silently streamed down again in an instant...
There is a sense of helpless sadness and worthlessness.
There is a faint anger of being played for a fool.

Making a little money is really exhausting.
Really.
The biggest regret in life is that I shouldn't have come to this casino.
Regret it didn't happen earlier.

Willing to gamble means accepting the loss, nothing more to say, may we all be well and enjoy sunny days.

If the stop-loss is set too small, the losses keep getting swept away; if the stop-loss is set too large, inserting it will lead to significant bleeding; if no stop-loss is placed, it will lead to liquidation.

Sigh,………

Yesterday, despite the roaring market waves, I persisted and remained bullish.

I woke up to find that so much had happened; the classic price had returned while my positions were gone. For those of us in futures trading, it is truly heartbreaking because the losses from liquidation were already locked in yesterday.

The cruelty of this market lies in this reality, and at the same time, it is also its charm.

Last night, despite the drop in the U.S. stock market at the opening, due to the delay in tariffs between the U.S. and Mexico, the crypto market rebounded first. When I woke up, Bitcoin was back above $100,000, and $ETH was at $2800. This cycle has been filled with many oddities; veteran traders need to avoid path dependence, and newcomers should watch, listen, and practice more.

As for the losses yesterday, some have returned. If I had to describe it, I lost a house but got back a car; let's leave it at that~ I’m going downstairs for breakfast now; I'm afraid if I’m late, there won’t be anything I like to eat, and I’ll have to order takeout which will cost $20.
#加密市场回调 #美国加征关税

February 3, 2025

Today is a day that needs to be remembered, essentially another 312. In my view, this is the last major drop before the bull market begins. The intensity and speed of today’s drop indicate a significant number of liquidation orders. Bitcoin’s decline remains the smallest, while Ethereum dropped from 2800 to 2100 points in one go, with a maximum drop exceeding 20%, meaning that all positions with more than 5x leverage were liquidated, and for those who entered at high points, even 3x would be liquidated.

From the liquidation data, this is indeed the case, with over $2 billion in liquidations and more than 700,000 people affected, basically reaching the data peak of a bull market. Especially with Ethereum, this round of liquidation has resolved the weight issue, theoretically providing the best conditions for future rallies, and the same goes for other altcoins.

Looking at the prices of other altcoins, the latest AI sector has dropped over 90%, resembling a bear market. Most of the older altcoins have fallen back to their previous lows, indicating that value is definitely emerging. Now is certainly a good time for major bottom fishing; my own position has directly risen to over 80%, and I will adjust based on the situation from this point onward.

Generally speaking, such major drops will require some time to recover. In the short term, a bounce-back is more likely, followed by a second bottom test, with the lows being somewhat higher than the spike prices. If there are still funds available, I would suggest continuing to add at this position; if not, one can only hold their positions. After such a drop, the likelihood of a bull market this year has increased, and I believe it will come.

Thank you for your attention and likes.

February 3, 2025

Today is a day that needs to be remembered, essentially another 312. In my view, this is the last major drop before the bull market begins. The intensity and speed of today’s drop indicate a significant number of liquidation orders. Bitcoin’s decline remains the smallest, while Ethereum dropped from 2800 to 2100 points in one go, with a maximum drop exceeding 20%, meaning that all positions with more than 5x leverage were liquidated, and for those who entered at high points, even 3x would be liquidated.

From the liquidation data, this is indeed the case, with over $2 billion in liquidations and more than 700,000 people affected, basically reaching the data peak of a bull market. Especially with Ethereum, this round of liquidation has resolved the weight issue, theoretically providing the best conditions for future rallies, and the same goes for other altcoins.

Looking at the prices of other altcoins, the latest AI sector has dropped over 90%, resembling a bear market. Most of the older altcoins have fallen back to their previous lows, indicating that value is definitely emerging. Now is certainly a good time for major bottom fishing; my own position has directly risen to over 80%, and I will adjust based on the situation from this point onward.

Generally speaking, such major drops will require some time to recover. In the short term, a bounce-back is more likely, followed by a second bottom test, with the lows being somewhat higher than the spike prices. If there are still funds available, I would suggest continuing to add at this position; if not, one can only hold their positions. After such a drop, the likelihood of a bull market this year has increased, and I believe it will come.

Thank you for your attention and likes.

$YGG 30w fully invested in ygg, still have several thousand left until it reaches 0 🐒

$BTC You ignore the $100,000 pie today, and you won’t be able to afford the $150,000 electronic gold tomorrow!