Yesterday, Pepe broke through a new high, driving up a number of meme coins
The market rebounded at a time of despair and is still fluctuating.
But memes are different. Pepe hit a new high yesterday, driving other memes to soar. The strong copycats I mentioned in my previous sharing fluctuated upward. For example, jto has been on an upward trend since April 13. There are other strong copycats for everyone to observe.
It can be seen that in this rebound, the strong cottage has returned to the high point before the waterfall, but the weak has never returned.
Whether it is fixed investment or long-term investment, choosing a good target must be the top priority
I have always emphasized leading thinking.
Don't use the compensatory theory. The leader can always be strong, and it is getting stronger and stronger, and the blood-sucking effect is also obvious.
Only in the later stage will other altcoins make up for the rise.
Just like when the bull market comes, Bitcoin is the first to flourish, followed by Ethereum
The strong cottage industry has made a big V-shaped move, and is basically going back to the level before the correction. Even if it has not returned yet, the trend is good.
The distinguishing feature of the bull market is that there will be at least two to three major midway adjustments during the entire process, and after each adjustment, it will continue to advance rapidly;
So a decline must be a good thing. Here are three levels:
1️⃣ Bring in fresh blood:
The decline is a reflection of market supply and demand, which means that the rise driven by BTC in the previous stage has become a little weak. There are too many profit-taking orders, and fresh blood is needed.
The best way for fresh blood to enter the market is to increase the price and then explode. Therefore, when a stage reaches the end of the stage cycle, MeMe will appear. BTC plays the role of conquering you with the increase in price; MeMe plays the role of high explosion. Therefore, MeMe is the craziest recently, which makes sense.
2️⃣The decline is for a better rise:
The distinguishing feature of the bull market is that there will be at least two to three major midway adjustments during the entire process, and after each adjustment, it will continue to advance rapidly;
Only when the market falls and consolidates or fluctuates downward can some unsteady people throw away their chips and redistribute wealth.
Unless it is the last decline, all the previous declines are for a better rise, and then each rise is higher than the last. When the last adjustment comes, the bull market will end and the market will fall sharply.
Therefore, in a bull market, don’t judge the short-term cycle, just judge the top of the sentiment value and the high level of historical data. It is right to think more about the escape strategy every day.
3️⃣The essence of finance is not that money disappears, but that money is transferred
Why does it fall? Because we need to get more chips and let more market participants enter the market, so that the next round can break the shackles of 100,000; Why does it rise? Once we get enough chips, we need to start the market. As for what good news to use to push the market and how high it will go, it is just a matter of operation.
There is an interesting law about the market. Every time it reaches the relative bottom, there are always people shouting for a lower price. When it was 15,000 in 2022, those people shouted 7,000. When it was 25,000 last year, they shouted 15,000. Most of the analyses are well-founded, involving technical analysis, fortune-telling, and even the Qi Men Dun Jia.
In fact, it all comes down to market sentiment. No one dares to buy at the real bottom. When retail investors are pushing up the market, they always say "let me get on board when there is a pullback", but when there is a pullback, they say to wait.
Because he always wants to buy at the lowest point, the result is that he ends up at the top of the mountain. For example, if the lowest price of Bitcoin is 15,000, he must buy at 15,000, or 17,000. He always feels that if he doesn’t buy at the lowest point, he will miss out.
After all, making money in the market always follows the 80/20 rule.
Sometimes the news and technical aspects are often contradictory, and it is often at this time that it is very useful for me to look at sentiment indicators.
