The cryptocurrency market is being entered by Wall Street, and the trading logic cannot be the same as before. With the market down, investors are hesitant to buy, leading to a likely situation of a double loss. Many people are unable to extricate themselves from the previous short-selling profit, constantly thinking that if they get another chance, they will be legendary. The more it rises, the deeper this obsession becomes; it’s like a cat that encountered a dead mouse once and then walked into the darkness. The peak of the last bull market was three times the previous peak (6/2), and this bull market could also double (6.9*2=13.8w). So it’s not impossible. If Trump buys 5% of the total supply, 1 million coins as a strategic reserve, and other countries also purchase separately, then it is completely possible. 😁
This afternoon, let’s summarize the key points:
1: The net inflow of Bitcoin ETF in the US is $373 million, and the net inflow of Ethereum spot ETF yesterday was $83.7587 million, with a continuous net inflow for 10 days, showing strong buying power and still leaning towards buying low.
2: Altcoin season is here; buy the leading segments during dips, small purchases during small drops, and larger purchases during big drops, embracing the big bull market.
3: Meitu has sold all its cryptocurrencies and exited the market.
4: Funds are starting to flow into the Meme sector, BabyDoge has begun, and I bought People.
5: Currently, the total market cap on Binance is not high (no top-tier coins), and VC valuations are low (basically under 100 million), with second and third-tier coins listed (Bybit or BG, the sectors are DEX or MEME).
6: On December 10, the Microsoft shareholder meeting will vote to decide whether to invest in BTC.
7: ONDO will unlock 2.57 billion coins (worth approximately $4.86 billion) on January 19, 2025, be cautious‼️ Risk.
8: A whale address bought 1.47 million FTM 2 hours ago, at 1.3, 1.26 ambushed, position 5.5, stop loss 1.2.
