Today this article is pinned, come back in 20 days to see if my prediction about the 24419607218 market is correct!
If you are reading this article today, congratulations, you have avoided a big pitfall. The current psychological defense line of the market is at 92000. Once this position is broken, many big influencers and KOLs will turn bearish. This is typical retail psychology: panic selling.
But if you want to do well in the cryptocurrency space, in addition to technical skills, you also need to understand human nature. The current psychological defense line at 92000 is similar to the time when Bitcoin hesitated to break through 100K+. The major players are creating false signals, making people think it can't drop further. In fact, 92000 will ultimately be broken, it just needs time to digest.
When retail investors start to panic sell, the major players will push it back up to 97000 or even 100K+, causing you to get liquidated. Then, when confidence returns and everyone starts to go long, the major players will give you a big drop, making you doubt your life choices. In the end, when you look back, the overall direction was correct; it did drop, but your position is gone.
My advice:
1. Don't build a position until it's the right time.
2. Don't touch high-leverage contracts, or you'll just become a cash machine for the major players.
3. If you must open a contract, consider placing short orders in batches between 97000-101000, targeting 85000. As for whether it will reach 77000, I'm not a fortune teller, but if it indeed comes to 77000, I will not hesitate to go all in.
Lastly, a reminder: a rebound is just an opportunity for you to escape. If you're caught in a position, make sure to get out as soon as possible.
Speaking of which, we cannot ignore a recent phenomenon in the market — ρꪊρρⅈꫀડ (Little Puppy PP). It has not only been mentioned multiple times by Musk, but even Musk's mother has publicly supported it on social media four times. Such endorsements have greatly boosted market confidence, becoming a special variable outside of the major players. If you are still watching from the sidelines, you might want to pay more attention to this 'Little Puppy', as it could be the real dark horse in the upcoming market!