I took a day off yesterday and thought a lot! Why does I still believe that altcoins will have a bull market? Because they have experienced nearly two years of bloodbath, and the bubble can be said to have been squeezed out. From the perspective of 21 years, there is suddenly a feeling that there is gold everywhere. I have always emphasized that the current market is very similar to the market in 20 years. However, although there is gold everywhere, there is also sand in the middle. If you want to pick out a few shining gold in this vast currency circle, it is absolutely tantamount to finding a needle in a haystack. Based on this fact, I have summarized several ideas for selecting coins and share them with you:
Waiting for the rabbit: Most of the coins are cold, so you can pan for gold from the coins that are still hot. This way, the success rate will be much higher. The disadvantage is that when you find it, the price of the coin may have increased 10 times.
Proactive type: actively research and look for projects that may be profitable in the future, have a clear business model, and ultimately achieve continuous profit. This kind of coin is what we are looking for. The disadvantage is that after researching 100 companies, there may not be one that can make money.
Speculative type: Preliminary screening of value coin pools through relatively professional institutions, and subsequent further research in the pool. The disadvantage is that there is a large degree of uncertainty, and institutions may not be able to figure out the tricks.
Diversified investment: Diversify your investment into multiple currencies that you are optimistic about. If you bet on a 100x coin, all the others will become profits. The disadvantage is that you may not bet on any of them.
You can think about it according to your own situation and see which one is more suitable for you. If you don’t know what to do, let Mr. Dan help you!
Market analysis:
BTC：
Yesterday's 662 expectation has been reached. The price correction shows that the market's bearish sentiment is still relatively heavy. 662 is a very important position because it is the support of MA120. This support was broken once in June and September last year. Although the fluctuation was not large at that time, it made the market adjust for 3 months. If it can't go up in the near future, the market will do range consolidation, but the overall environment is better than last year, so don't worry too much;
ETH：
The trend is relatively strong due to the positive factors outside the market. The pressure of 3640 given yesterday was not broken and it is expected to fall back to 3450.
Altcoins:
The AI sector has been performing very strongly recently, thanks to the over-the-counter market. This round of altcoin rebound is still dominated by AI. Yesterday's FET, not to mention, even WLD, ARKM, POND, LAMB followed the rebound. Judging from the K-line, the rebound has not ended yet, and it remains bullish today;
