The world is bustling with people, all for the sake of profit; the world is bustling with people, all for the sake of profit! Hello everyone, I am your friend Lao Cui Talking about Coins, focusing on digital currency market analysis, and striving to deliver the most valuable currency market information to the majority of coin friends. Welcome all coin friends to pay attention and like, and reject any market smoke bombs.
It has been moving towards a new high. I believe that everyone is becoming more and more cautious in entering the market. The upgrade of Russia and Ukraine has brought a large amount of capital inflows, and the additional issuance of Tether has completely ignited this bull market. I don’t know if you have the patience to observe. The previous round of additional issuance directly drove a growth of 10,000 points. This wave of additional issuance has almost the same value, but it only pulled 5,000 points. Are many friends wondering why this is the case? Give a direct answer. All the additional currencies have not all flowed into the market. Many platforms hold a large number of Tethers. It feels to Lao Cui that they are bottom-fishing after brewing a wave. As for the 100,000 mark, I believe you have no doubts. Lao Cui also said it more conservatively. I have always felt that it will stop growing when it reaches 100,000 this month. As a result, so far, it is only less than 600 points away from this historical moment. As for the deep callback, it was completed yesterday. At night, after hitting 98,000, it quickly pulled back 3,000 points to 95,625, which is in line with the 3,000-point callback depth we mentioned earlier. I don’t know if users who are short have been untied.
Let's first consolidate the market data. A company under Trump is considering developing cryptocurrency payment services, and the "Cryptocurrency Advisory Committee" will establish the promised Bitcoin reserves. The promises made by Trump before his campaign are gradually being fulfilled. Once Bitcoin becomes a reserve financial asset, the upper limit of this bull market will increase by at least 10,000 points. Positive news is emerging one after another, and the arrival of the bull market indeed raises doubts about the high points. At this stage, Old Cui can no longer predict the peak of this bull market. Ethereum still looks relatively good; its peak directly concludes that it is difficult to break the historical high. The selling pressure above Ethereum is too strong, and the return rate is too low compared to other cryptocurrencies. Many friends might feel that Ethereum's yield is considerable after yesterday's surge. Looking at the entire crypto market, Ethereum's volatility yesterday was entirely part of the surge phase, and the inflow of funds over the past month still shows negative growth. Under such intense fluctuations, Ethereum actually saw an outflow of 300 million in funds. This is an incomprehensible situation; it can only be said that the market makers and their original teams are completely slacking off. Do not believe what Vitalik says about them still continuously buying Ethereum; their founding team has the largest outflow, including the so-called improvements to the Ethereum ecosystem paper, which currently has no actions. The bull market may cover some flaws, but it cannot change the fundamental facts; as long as you invest in any cryptocurrency during the bull market, there will be certain returns. I hope everyone can consider the issue of return rates more; Ethereum's growth compared to the bull market is not as good as most cryptocurrencies, and whether it is worth holding long-term is a question worth considering.
The trend of Ethereum actually represents the direction of most altcoins, which are almost always influenced by Bitcoin. Only when Bitcoin breaks upwards will Ethereum follow, and the upside potential is not large. Yesterday's hundreds of points of movement almost accumulated the strength of nearly half a month to break through. The performance of SOL is actually better than Ethereum; even the platform's token BNB has outperformed Ethereum's yield. In the chart below, as long as the cryptocurrency shows positive growth and inflow of funds is proportional, everyone can consider acquiring a certain share. Of course, if you have sufficient funds, Bitcoin is still the preferred currency. By the end of the month, speculation about interest rate cuts will become increasingly severe, and the series of statements about not cutting rates will begin again. Everyone should maintain their mindset and not be affected by these smoke screens. Powell and the Federal Reserve's consistent style has always been to win through public opinion; if they really do not cut rates, the consequences are hard to say. Everyone should be clear that the rate cut meeting almost only occurs once a month, so if other economic problems arise midway due to not cutting rates, it will be difficult for the Federal Reserve to present remedial measures in the interim. Therefore, the risk of not cutting rates is greater than that of cutting rates. Everyone should not think that the situation in the U.S. is all good; if the situation were indeed good, there would not be a one-time 50 basis point rate cut. When the tide recedes, we will see who is swimming naked; we will have the answer by early December.
With the arrival of the bull market, Old Cui needs to remind everyone that the increase in USDT issuance is beneficial for the short term in the crypto world, but in the long term, the issued currency will inevitably lead to a bubble. This has already been proven with the dollar; the issuance of USDT indicates that the underlying capital and logic exceed the realm of blockchain, a scale that is unregulated, and the news of issuance is almost sudden. It can be said that the issuance is to pump up this bull market. The act of pumping will temporarily create a numbing effect, but the final result will require retail investors to foot the bill. Those who invest in the crypto market should try to convert their funds into other cryptocurrencies and not hold too much USDT. Especially before the bull market, the Americans have already raised doubts about USDT, and there is a strong momentum to investigate it thoroughly. A gentleman does not stand under a dangerous wall. If you have idle funds, try to avoid holding USDT for the long term; at this stage, holding any cryptocurrency will outperform the exchange rate. The consequences of pumping will take some time to manifest, and this time lag will not exceed one year; it is estimated that by the second half of next year, everyone will see the aftereffects.
Summary at the end of the article: There isn't much to offer regarding the current market; the answer is in the article. For users with small capital, just do small long positions of a few tenths of a Bitcoin; the best way is to enter with the first position in an ant-sized manner. The exact entry point for the first position does not matter, but the purpose of the first position is to place yourself in the market. How to supplement your position is a test of your skills; you can supplement according to a 5% position. Every time Bitcoin retraces a thousand points, you can supplement; once you reach a position of 3000 points, you can wait for the right timing to reap your rewards. Once again, I remind everyone that there are no so-called high points with the arrival of the bull market. Since Bitcoin was launched, it has already attracted traditional capital to bottom fish. Especially since Trump's meeting with the head of the American exchange, it has released huge positive news. Policies and personnel regarding the crypto market are likely already in place at this stage. The selection of such officials can completely keep you in the dark about insider information. The reason for releasing this news should be clear to everyone, emphasizing the importance of selecting a person beneficial to the crypto market for management. Trump is fulfilling his promises; why should you still doubt the arrival of the bull market? Perhaps only when the profits truly fall into your pockets will you feel the charm of the crypto market. Users who have questions about operations can chat with Old Cui; grasping the entry point is not that difficult. At this stage, as long as you are in the market, you can profit; it is purely a mindless market, and what you need to do is to bend down and pick up your assets.
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Old Cui's message: Investing is like chess; a master can foresee five, seven, or even more moves ahead, while a novice can only see two or three. The expert considers the overall situation and the larger trend, prioritizing the ultimate goal of winning the game, while the novice fights for every inch of land, frequently switching between long and short positions, focusing only on short-term gains, resulting in frequent setbacks.
This material is for learning reference only and does not constitute trading advice. Any trading based on it is at your own risk!
