Buy at the bottom and get rich overnight! This dog coin is about to explode, and there is still room for 50 times!
Something is wrong. Something has happened to Wall Street, the big moneybag in the cryptocurrency circle. Will Bitcoin fall below 60,000?
What are the major benefits of STX and ASI, and which one should I buy among Pepe, Bome and WIF? Let’s follow Shuqin to find out.
First of all, there is a big crisis in Wall Street, the big moneybag. The current U.S. dollar index DXY is soaring, and the yields of major U.S. bonds are rising, which is really making the market breathless.
So what is the U.S. bond yield that scares Wall Street? Why does it make Bitcoin plummet? Everyone, look at the picture.
The relationship between U.S. Treasury bonds and Bitcoin is really negatively correlated. Every time the U.S. Treasury yield drops, the price of the currency will rise, and vice versa. Recently, the surge in U.S. Treasury yields has caused Bitcoin and the three major stock indexes to fall collectively.
The reason is that this year's inflation data did not drop as expected, and the Federal Reserve began to act hawkishly and postponed interest rate cuts. Previously, Wall Street expected that the Federal Reserve would start cutting interest rates as early as March. As a result, the interest rate market is now not sure whether it can even start cutting interest rates in June. The probability is still 50-50.
You must know that Wall Street now dominates the currency circle, so we can’t just focus on the data on the chain for trends, but also the changes in interest rates on U.S. debt. Oh my God, is this the trouble of becoming a U.S. stock trader?
Now let’s focus on Bitcoin’s last line of defense between 59,000 and 60,000. The support is still very strong.
But once it falls below, it may be necessary to go big M. At that time, many long orders will be stopped, and it may be that the transaction-intensive area of 0.382 and 52,000 can be effectively supported.
Don't worry too much, there is still hope. The whales increased their positions when the market plummeted in the early morning of today. Tether issued another 1 billion U after two weeks. You should know that every time such large-scale money printing occurred, it would cause a significant increase in price, so we can also look forward to it this time.
But this matter is not over yet. If the market wants to reverse completely, the unemployment rate at 8:30 p.m. this Friday must be higher than the expected 3.8%, or the non-farm payrolls can fall below 200,000 as expected. This will increase the market's expectations for monetary easing, which will benefit the cryptocurrency circle and U.S. stocks.
So which coins can I buy now to get big returns with a small investment?
After long-term observation, I found that WIF, the leading coin on the Solana chain, is really promising in the future. Its community is extremely active, from top investors to retail investors, it can be said that everyone participates, even the founder of BitMex personally participated in the market, which is definitely like Doge and Shitcoin in the past.
Not to mention that he is deeply tied to Solana. As long as Sol rises, he, as the leader of the local dog on the chain, will also soar. Even if Sol does not rise, he will be crazy and pull up a wave for no reason.
What’s even more amazing is that it is linked to other local dogs, whether it is Dogecoin or Floki, as long as they rise, WIF will also rise. Anyway, no matter what, it will rise. These retail investors only need a reason to sprint and they will rush in.
So everyone must not underestimate the popularity of Dogecoin. At that time, the market value of Dogecoin was among the top three in the currency circle, close to 100 billion, while Shitcoin also had a market value of more than 50 billion at that time.
But now WIF is only about 3 billion, and there is still 7 times the space to reach the current total market value of 26 billion of Shitcoin. When Shitcoin slowly increases to 50 or 60 billion next year, WIF will at least be a tenfold or even twentyfold coin, aiming for 100u.
From a short-term perspective, the top of 3.6u is the first good buying range. Up to this point, the previous high of 5u has also retraced 20%. Once the bottom is successfully established, there is a high probability that there will be a fifth wave of rise. Shu Qin also asked everyone to wait here a few days ago, and now the rebound is pretty good.
If the situation on Wall Street continues to deteriorate, causing Bitcoin to decline for a second time, then perhaps 3u will be the ultimate defense. Our WIF has been laying out the plan since Liangu. If you haven’t entered the market before, this major correction in the currency circle can just make up for it.
In addition, Pepe and Bome can also buy some, but Shu Qin is more optimistic about WIF, because if he wants to truly reach the top ten in market value, he must be a bitch, right? The last bull market was because Dogecoin rose too high, so people settled for the next best thing and started investing in shit coins. So in this bull market, I think the new WIF will become the third earth dog king.
However, I would also like to say that while Internet celebrity coins have high returns, they also have certain risks, so whether you give it a try or not is up to you. However, my logic is very simple, because Bitcoin will double again when it reaches its peak next year, and if you want to increase leverage to increase returns, not only will there be a risk of liquidation, but the long-term funding rate will also eat you up1 /3 income.
So unless you have a lot of money, it is difficult to get rich by buying Bitcoin. Only dogs are the hope of getting rich. The few dogs that Shu Qin led everyone to lay out before have performed well. Although some profits have been deducted from the funding rate, they are still considerable.
But now they have increased many times, and there is no risk of liquidation, so I can release the margin to deploy more coins, and now it is WIF. This is an alternative kind of rolling operation, which is more stable. After maintaining an order until the position is no longer liquidated, you can open the next order. In this way, we can roll over several orders in the bull market, and the income is far higher than others.
You can also come and take a look at more real-time operations. Benqin is operating with you every day.
Okay, let’s continue.
In addition to Dogecoin, two other coins are also about to undergo critical upgrades.
First of all, the merger vote of the three AI giants Fet, Ocean and AGIX we talked about before is expected to be completed on April 16. After passing, the super AI alliance will be established, and their new coin ASI after the merger will also have a high probability of being listed on the exchange. So although our previous layout of AI encountered a big drop in Bitcoin, it doesn’t matter. I think the merger should usher in a lot of benefits at that time, maybe not only to recover the investment, but also to make a lot of money.
In addition, STX’s major upgrade this year, the Satoshi upgrade, will also be carried out simultaneously with the Bitcoin halving.
The Bitcoin halving is based on the block height. It is currently tentatively scheduled for the 19th of this month. STX should also receive considerable popularity when it is upgraded.
I am optimistic about this coin in the long term. Shu Qin started to lead everyone’s layout in his early 2u years, and I still hold it now.
I plan to take profits at highs before the upgrade. This is just like Ethereum's Cancun upgrade. When the good news is exhausted and the price is adjusted back, I will buy more STX at that time. It's really wonderful~
Well, today's program ends here. Please follow us, and let's achieve financial freedom together in this bull market!
Bye~
