I don't dare to buy BTC at $16,000; I will wait for $12,000 and then build positions at $23,000.
You didn't dare to chase Bitcoin at $30,000, still waiting for $20,000, and ended up being pulled all the way up to over $60,000.
You don't dare to buy the big cake at over $90,000, still waiting for it to start with 8, 7, or 6.
When the market sentiment erupts at $100,000, will you chase or not? Some people spend their whole lives waiting and observing, losing a watermelon for a few sesame seeds, while others have already taken action!
"Trump trade" flashes a $200 billion bomb.
The price of Bitcoin has dropped from nearly $100,000 on Monday to around $92,000 currently. The pullback has evaporated about $200 billion from the total market value of $3.2 trillion in cryptocurrency.
Overnight liquidation reminder, still the contract longs are in worse shape. Blowing up leveraged longs is beneficial for the next rise after the pullback. This pullback is expected to be not too much, as short as a week and as long as about half a month, likely to reverse in a V-shape.
The crypto circle updates and iterates quickly, and not all altcoins can explode. On the contrary, the vast majority of altcoins have no spring. Therefore, for certain projects, I often make risk warnings in the circle, for coins with fundamental issues, take the profit and don't get too involved.
Timing, location, and human harmony; just hold steady with the spot and go with the trend.
The development of things always follows its own rules. According to previous ratios, BTC's 8% pullback would lead to about a 20% pullback in altcoins, but currently many quality altcoins are falling less than BTC. One reason is that the previous sideways movement lasted long enough with fewer profit takers; the other is that the timing for altcoins to explode has arrived.
When BTC breaks 100,000, many people fear heights, and there are voices of escaping the peak, but I remain unshaken. This round of BTC is so excellent because the spot ETF has passed, and institutions like BlackRock and MicroStrategy are laying out even more crazily than the previous round; this is human harmony. Trump's election as president, favorable for cryptocurrencies, this is location advantage; with Trump's presidency, the interest rate cut cycle may slow down, but we are still within the interest rate cut cycle; this is timing.
Theoretically, there are still 19 days until altcoins explode; let's wait and see!
Bull market investment:
In the altcoin market, remember not to chase other people's coins, cutting your own losses. Even if you chase, make sure to run when you earn; if others have multiplied their profits, they definitely have a higher belief in it, because they are all profit. Think about how much you would earn when you chase in; suddenly it becomes the peak. In the end, you find yourself cutting losses on your own coin while others experience a pullback.
Refer to these doge, act, etc., which followed Bitcoin's rise in the past few days. A fan privately messaged me that they cut their losses on their Tia and later found themselves stuck at the peak with act. At this time, it's easy to lose your composure. When you cut your losses on act again, it will likely pull back up for you next time.
So, wait for the flowers to bloom, buy leading coins, and try not to buy those niche coins that are only catching up.
Zhao Changpeng is the dream of the crypto circle. With exceptional business vision and execution, he developed Binance from a startup project into a leading global cryptocurrency trading platform, providing countless investors and entrepreneurs opportunities to realize their dreams. His success story inspires countless people in the crypto circle to move forward bravely and pursue their own brilliance.
Sun Yuchen is a role model for people in the crypto circle. He dares to challenge tradition, boldly tries new things, and through his efforts and wisdom, has achieved significant success in the cryptocurrency field. His entrepreneurial spirit and innovative mindset set an example for people in the crypto circle, inspiring them to continuously break through themselves and pursue higher goals.
However, we should also see that the crypto circle is a field full of risks and opportunities, and success is not easy. Whether it is Zhao Changpeng or Sun Yuchen, their success is inseparable from firm belief, relentless effort, and correct decisions. Therefore, we should take them as examples, learn from their strengths, while maintaining rational thinking and acting cautiously, so that we can go further in the crypto circle.