The market has started a correction.
Today in the Thirteenth Circle, I have reminded everyone to clean up the corners of their positions, reduce their positions to less than 70%, and keep some cash on hand to prepare for the upcoming decline.
This wave of thirteen circles can be said to be ahead of the market, allowing everyone to avoid a lot of losses. The market has now fallen to 62,000, and has reached the strong support range of 59,000~62,000.
Next we can slowly buy the bottom.
But you can’t go all in and buy the bottom slowly. You can only take 10% of the position in this range to prevent the market from falling below the strong support of 59,000. Once it falls below, the next position will be the 52,000 range.
When you get here, let's shoot out the bullets and don't take any souvenirs.
Regardless of the roaring mountains, tsunamis, and changing winds, we turn off the software and enjoy life. We will come back when Bitcoin reaches 70,000 again.
What will happen next?
In fact, focus on the range of 60,000~70,000. The possibility of back and forth shocks is very high. Those who are brave can place orders back and forth, but Thirteen does not recommend it.
Without the guidance of professional teachers, it is easy to turn yourself into a sieve.
Nothing can be gained.
2，
Judging the market from the general direction, the last week of this month is bearish.
The reason is also very simple. In addition to the analysis reference of technical graphics, what is more important is the ETF data. Now Grayscale’s selling pressure has completely overwhelmed the speed of ETF receipts.
The current market trend is actually very strange. Call it a bull market. The copycats have never gone out of their own way and are completely following the rhythm of Bitcoin.
When Bitcoin rises, the copycats will rise; when Bitcoin falls, the copycats will fall.
This may be what Chuniu looks like.
So far, Bitcoin’s market share is still as high as 52%, which shows that the market is not as hot as we imagined. Except for Bitcoin and Ethereum, other currencies are following more speculation.
So we have seen the explosion of worthless meme coins, and the explosion of AI tracks that can only pile up a bunch of concepts without any implementation facilities.
Therefore, in the next week, we still have to invest with our tail between our legs, don’t be reckless.
The key now is to see if the strong support of 59,000 can support the column, form a double bottom, and then break upward.
Again, let’s not bet on the market and put the initiative in our own hands as much as possible. The 68,000 position is the strong pressure area above, and a large number of chips are concentrated in this position.
According to the current market impact force, it is very difficult to break through upward.
However, you don’t need to worry too much. This kind of continuous torture will not last long. It is expected to last only about a week. The whole month of April is still bullish.
Of course, after the Bitcoin halving, it is expected that there will be another wave. The next climax will probably have to wait until the Federal Reserve’s interest rate cut policy comes out.
The benefits of cooperation are halved, and the two engines take off.
3，
Who will dominate the market in April?
Thirteen believes that the Ethereum system is the most likely. This callback started after the Ethereum Cancun upgrade.
Previous articles have also analyzed a lot about the impact of Cancun's upgrade on the market.
This time it was obvious that he was trying to take advantage of the situation.
Therefore, during this decline, everyone should continue to take advantage of the decline and boldly enter the market according to the method I mentioned above.
In a bull market, the market does not rise all the time. It may be many times higher from the starting point to the end point, but there must be twists and turns along the way.
The reason why retail investors lose money is that they lose their way in the fluctuations of the market. The chips in their hands are gone, and the principal is also gone.
I have told you before that even in a bull market, there are only a few people who make money, and most people lose money.
Therefore, never blindly believe in personal abilities and IQ. Human greed and fear are impossible to overcome.
Once you operate frequently, your time in the currency circle will be limited.
Next, everyone can focus on Ethereum and L2-related leaders, which are currently the most stable track in the cryptocurrency market value.
Very likely to lead the rally in April.
Ethereum is currently being severely suppressed. It has been sued by sec and is to be treated as a security. Everyone should have seen sec's style of doing things.
The harder it is suppressed, the bigger the future outbreak will be.
We can only choose to believe and let the bullets fly for a while.
4，
The longer you stay in the currency circle, the clearer you will be about certain behaviors of bankers.
In the previous currency circle, it was rare to buy more as the price dropped, and the market was very fearful.
But now, with the emergence of old leeks like Thirteen, many people are led to buy while falling, which actually causes a lot of trouble for the bookmakers who control the market.
Therefore, some evil KOLs with relatively large influence will basically be punished, especially some team operations. This Thirteen has personal experience. (This is put in the last paragraph)
There are still a small number of people who buy more when the price drops, but the trend is changing little by little. In other words, there are not many bonus periods left for people like us.
When the market fluctuates several more times, more and more people will buy while falling.
Then one day suddenly, we will find that the strategy of buying more as it falls fails.
Because most people in the market began to buy more and more as the market fell, but the price did not rebound at the bottom we thought it was, but continued to plummet.
Until it exceeds our bottom line.
At this time, we have to seriously think about whether our strategy has failed or whether the dealer has started to operate in the opposite direction?
Of course, this is just a speculation from Thirteen, but the trend is very clear.
But don’t worry, those who have completed thirteen rounds will definitely be able to successfully avoid the sudden harvest from the dealer.
5，
Finally, let’s talk about the KOL ecosystem in the currency circle.
In fact, this circle is quite complicated, with all kinds of entangled interests. Here, human greed, fear, and shamelessness are raised to the limit of human cognition.
In the last bull market, Thirteen also joined a large team. Later, due to uneven distribution of spoils, team members directly stole team funds and had to disband...
A piece of chicken feather, many years of accumulation in the currency circle are destroyed in one day.
So Thirteen vowed that no matter what happens in the future, the IP of Minus Thirteen Degrees can only be owned by Thirteen. Even if external support is needed due to development needs in the future, it must be an employment system. I will pay you to do the work. The two do not owe each other.
No matter how the cryptocurrency team develops, in the end there will be frequent conflicts and a mess.
Every team member feels that he or she has done a great job and deserves the most share.
This is even more true in a bear market. Colleagues who once worked together will suddenly become enemies, all wanting to take more from the team's interests.
According to the currency circle, today the leading KOL team in the currency circle suddenly had an internal fight, and a group of friends went crazy.
In fact, no one is right or wrong, it is just an uneven distribution of the spoils. These thirteen people have experienced it before and are too familiar with it.
Thirteen assures everyone that Thirteen will not touch any fans’ funds, will not do any first-level projects in the community, and will only charge membership service fees.
So far, I haven’t accepted any advertisements, because most of these advertisements are for financial markets.
I must take care of my feathers.
And there was only Thirteen in the entire IP from beginning to end.
In fact, for many long-lasting IPs, they are all one person, and the team is also an employment system.
Thirteen.
Come on, currency circle people,
Welcome to follow: minus thirteen degrees
Travel through the bulls and bears together, and see through the world of the currency circle.
