So far, this round is called a bull market where no one takes over:

Institutions are running the show, chain-level narrative, 1 billion valuation, unlocking the sale of coins when listed, but retail investors don’t take it.

BRC20 is issued fairly, retail investors have high-intensity execution to speculate on high targets, there is no time and space for the bottom to accommodate big money, and institutions don’t take it.

The coins that Binance takes the lead in supporting are not listed on OK, and the coins that OK takes the lead in supporting are not listed on Binance. Each of them has its own mountain and finds its own thugs. Everyone has a lot of projects in their hands, and the exchanges don’t take over each other.

The East plays with inscriptions, and the West rushes to depin. Now the West starts to rush to inscriptions and runes, and the East forms L2 again. The East and the West don’t take over each other.

Advocate playing new instead of old, the old market is difficult to support alone, the new market is not yet mature, and imitation markets are pouring in, and the new and old don’t take over each other.

Stock game, experienced in the battlefield, both are very smart, and those who stay are elites.

The greater the current correction of risk assets, the greater the probability of the Fed cutting interest rates in June. The deeper the correction here, the higher the subsequent pullback will be. #btc

The money-making industry is now saturated, and it is difficult to get rich by relying on a few projects alone. We have to change our thinking. Money-making is to maintain basic survival (several thousand living expenses a month), the secondary is a way to increase the principal, and MEME is the only way to get rich.

Although history will repeat itself, it will not simply repeat itself...

The rhythm of this round of bull market is different from the previous round.
It is similar to 16 and 17.
If it really goes this way, it may be higher than most people expect...
120,000? 150,000? 180,000? Or 200,000+? 😉😉😉

To be honest, I don't feel like there are many new investors in the circle now. From the end of last year to the current market, those who can make money are basically old investors from the previous round or very smart and hardworking newcomers. Whether it is rubbing hair, local dog or brc inscription, secondary high-frequency trading requires strong action, research ability and patience to sit day after day. Those who can persist until now are the bull market elites who can be expected in the future.

BTC fundamentals: The weekly level closed with a high wind and big wave, which means that the battle between long and short last week was extremely fierce. The short side won. Yesterday, the daily level closed with a small positive line, and the daily level is now below the 5-day moving average. In the short term, it is in a rebound and repair trend. The 60,000 area is likely to be the bottom range of this round; if there is a second bottom in the market, it will be an excellent opportunity to pick up new people, which should not be missed. Finally, choose to go up, and the bull market will continue. Strong pressure: around 72700; around 75200;

ETH data: ETH wallet balance: 12,168,995.60 ETH; 24-hour change: -6995.46 (April 15 08:00); the reduction of ETH means that it is reluctant to sell.

ETH fundamentals: It has fallen to the 120-day moving average and the 5-month moving average, and is now above the 120-day moving average. In the short term, if there is another opportunity to confirm the second bottom, it will be a good position to pick up people. The current round of interim bottom is expected to form around 2852, and there is a strong demand for oversold rebound in the future market.

Altcoins: The altcoin market has recently experienced a devastating decline, resulting in the liquidation of $2.3 billion in funds, and most of the losses came from altcoins. This huge liquidation is expected to play a key role in the future market rise. I have been emphasizing for several days that players should firmly hold altcoins and build positions according to the plan, not be affected by the decline, wait patiently, and accompany time.

How to Die in Trading by Bottom Picking

1. Graham bottom-picked in 1931 after the stock market bubble burst in 1929, but ended up going bankrupt (reason for failure: bottom-picking)

2. Cao Renchao was bearish at 1,200 points before the Hong Kong stock market crash in 1972, and fell sharply after the Hong Kong stock market reached 1,773 points in 1973. It fell to 400 points in 1974, avoiding the big bear and gaining confidence. After the Hong Kong stock market fell to 290 points in July 1974, he thought it was time to bottom-pick. Hutchison Whampoa fell from 43 yuan in the stock market bubble in 1973 to 5.8 yuan. Cao Renchao bought all the stocks. As a result, the Hong Kong stock market fell to 150 points again in the next five months. Hutchison Whampoa fell to 1.1 yuan. (reason for failure: bottom-picking with all the stocks)

3. Fisher bottom-picked and bought what he thought were cheap stocks after the stock market bubble burst in 1929, but he didn't expect there would be hell, and he lost millions in a few days. (Reason for failure: bottom fishing)

4. The general manager of a fund management company in Shanghai entered the Taiwan stock market when it was over 1,000 points, and continued to reach 10,000 points. The 500,000 yuan she invested in the market grew to 80 million yuan. When it was 10,000 points, she sold all her stocks and had only cash. In the end, the Taiwan stock market rose to over 12,000 points, and the value increased by 160 times in more than three years, but the final outcome was still tragic. When the Taiwan stock market fell from 12,000 points to 7,000 points, it had fallen by more than 5,000 points. It should have rebounded, but she entered again. The stock index fell another 5,000 points, and she had to accept the loss and liquidate all her positions. Three years of wealth turned to ashes again. (Reason for failure: betting on a rebound, trading in waves)

We see this cycle:

1. BNB no longer promotes the BSC ecosystem, and BNB empowers it in a simple and crude way. After CZ BNB's strategy is more focused on CEX business and primary market investment. It is a copy of Tencent's strategy.

2. On the other hand, ETH takes the route of mutual coordination of business maps through modularization. V God incarnates as Xiaoyaozi to define the core of the ecological spirit and the values ​​of the circle, so that there is no difficult chain in the world, which is a complete Ali strategy.

3. Solana builds its own animal farm, with a low starting price, and meme products with amazing trading volume are launched one after another. The performance of the single-chip chain is repeatedly tempered in the bubble, and then AI+Depin is introduced at once, which is a complete Amazon strategy.

4. The BTC ecosystem is the most unique. It seems that a group of dragons are fighting each other, but the dragon head is not seen. However, strict security and decentralized value restrictions have become the bottom line that cannot be touched, otherwise it will be a joke and be removed from the shelves by BTC holders. It is a complete Apple store style.

Please add others.

Why not touch the contract (312 historical review)

March 9, 2020
The US stock market announced the first circuit breaker, and the market ushered in a big crash again
ETH fell from $210 to $190, a drop of 10%
BTC fell from $8,400 to $7,700, a drop of 8%
After two consecutive days of plummeting, the air force was revelry, and most of the air force had closed their positions.
-
March 10, 2020-March 11, 2020
Sideways, after two consecutive days of plummeting, many people felt that the risk was over, and even many people had opened long positions.
-
March 12, 2020
On the day of the plummet, the price of ETH fell from $1,500 in the bull market to $150. I couldn't help but go all in and open long positions.
99% of people felt that the opportunity had come and started to go long. Even our air force group, led by the group leader, joined the ranks of bottom-fishing.
Everyone I know in the currency circle has opened a long position.
As a result, there was a huge crash that night.
Due to the outbreak, the US stock market ushered in the second circuit breaker.
ETH fell from $190 to $120 that day, a drop of 37%.
BTC fell from $8,000 to $5,500 that day, a drop of 31%.
-
March 13, 2020
Many people who believe in the cryptocurrency circle have started to buy the bottom again.
Some people whose money has not been exposed have started to scrape together and continue to work hard.
Do you think it has all calmed down? You are still too naive.
ETH, which has rebounded to $145, suddenly plunged to $87 with a giant needle.
BTC, which has rebounded to $6,230, went straight to $3,790.
Who would have thought that the market that had already taken away all my wealth last night would once again usher in a nearly 50% plunge the next day.
Altcoins fell dozens of times with a needle.

BACKPACK @Backpack This exchange did not meet the psychological expectations of retail investors in the first phase, and many people are FUD. Here is my opinion on this exchange.

1: BP's background

BP exchange is an exchange led by executives of SBF's former Alameda Foundation and FTX's legal advisors. This team is also the founding team of mad lads @MadLads, the NFT leader on Solana, and is quite powerful. At the same time, it has the experience of FTX's success and the lessons of FTX's failure. It can be said that it is standing on the shoulders of giants and starting again.

2: BP's market positioning

This exchange is only in Chinese and English, and the intention is very clear: CB has gone compliant, and our Chinese people can't use it. The Americans are making a first-tier exchange to eat the handling fees and thus divide the Chinese market.

China's population base is too large. Isn't the United States jealous of this customer market? From FTX to BP, what they want to do has not changed, that is, American capital needs a first-tier exchange to eat the Asian market.

3: How retail investors can make a profit from BP

The previous airdrop should not be very meaty, after all, he has to talk to the project party about chips, and there are many people. If the main theme is sunshine, my personal opinion is that it is good to not lose money, after all, the platform coins behind are the big meat. This platform has raised 20 million US dollars and is currently valued at 120 million, which is not as good as Matcha and BG, and is very underestimated. Referring to the experience of FTX, each new platform coin he issues later will have a great wealth-creating effect, and this wealth-creating effect may be comparable to the previous round of BNB.

Summary: Many people currently do not realize the awesomeness of BP Exchange, just like many people dare not buy SOL at $30 last year. No matter how fud the outside world is, I will insist on accompanying BP to grow#backpack#tnsr#sol#FTX
@aeyakovenko @Backpack_CN

I am not worried at all about the general zoo market, because it is caused by the average age of market participants declining compared to the previous round.

In the last round, UNI, SUSHI, and AAVE were not the MEMEs of old people. It’s just that old people in their 30s prefer “value capture” vaporware.

The NFT and GameFi market after 519 has caused the average age of the entire market participants to plummet. It is not surprising that the market continues to be MEME as the main line.

The participants have all changed. Why do shoe speculators want to take over the old monkey tickets? It has been three generations.

But big projects are really worrying about blood sucking, and simple math remains unchanged forever.

A fact in the currency circle: The reason why people with small capital have difficulty making money is not because of insufficient capital, but because of impatience and greed caused by insufficient capital.

Thinking that the principal is small, they frequently operate short-term and try to compound interest in a short period of time, but they often stop losses or get trapped, making small profits and big losses, and the principal becomes less and less.

Or they are eager to succeed, open high-leverage contracts at will, fantasize about getting rich overnight, and end up with heavy losses.

Impatience and greed are the fundamental reasons for the failure of most retail investors. #Meme #BTC

Have you noticed a phenomenon?
When we buy a car, the salesman will say this is better than Tesla because...

When you buy a cell phone, the salesman will say this is better than the iPhone because...

But when you buy coins, kol will say that this is better than pepe, and the next one is pepe, because...

Have you noticed it?
Anything that can be compared by others is often the best

Ethereum core staff @TrustlessState joins the SOLANA Foundation and serves as Vice President of Decentralization. The end of one era is also the beginning of another!
If ETH is the Microsoft of blockchain
Then Solana is the APPLE of blockchain
If you don't believe it, I don't have time to convince you

#BTC
Time flies so fast. Bitcoin will be halved in less than a month. Cherish the correction before the halving. Every big correction is a good opportunity for you to get on board!

In this cycle, Solana may become a Meme with a market value of tens of billions. At present, $BONK $WIF $BOME $SLERF are the four most likely. Of course, the latter two still need to go through more time tests.
BONK: The oldest. Experienced the baptism of the bear market; has a large community base, and has spontaneously formed an ecology around empowering the BONK community, the most famous of which is BonkBot
WIF: The largest market capitalization. Meme, a popular emoticon based on the "dog in a hat", is easily mentioned by celebrities. Not long ago, Musk also tweeted a picture of a dog in a hat.
BOME: The fastest growing. It is unprecedented to be listed on Binance within three days of its birth; it is backed by well-known crypto Meme artist darfarms and has good resources, but the community culture seems to rely too much on the founder, not sure whether it is a good thing or a bad thing
SLERF: The most amazing appearance. At the beginning, the project team was saddled with millions in debt and was unable to repay it, so it had to rely on external forces. It may not be possible to get on a leading exchange before the pre-sale payment problem is completely eliminated; but once all parties work together to complete the compensation, it may become an important event that represents the entire crypto culture#Solana⁩ #BOME #slerf #WIF #BONK

Summary of recent major events in bome:
1. It was installed online within three days of its launch, creating a phenomenon-level event.
2.Bome founder plans to destroy some tokens to increase token prices
3.Sotheby’s Vice President accepts bome as payment method
4. Sotheby’s vice president accepts bome as payment method to delete tweets
Let’s talk about the possible effects of Sotheby’s:
SHIB took off directly after Sotheby's supported payment.
Imagine what bome will do next?
In the next issue, I will write about the potential benefits that Bome may gain in the future, as well as what potential big events there may be.
#BOME

milady's operation is amazing

First he released the news to pay for pre-sales, attracting a wave of attention, and then refunded all the money, which made people think that he had a big pattern. Since the airdrop tokens are unlocked linearly, many people will think that they must rush in when the market opens.

The mouse position bought 68u at 39 minutes, the contract announcement time was 40 minutes, and there was an interval of 1 minute.

$LADYF only adds 1SOL at the opening, 68u is half the pool

13 minutes later, 68u became 900wu#ladys#MOG

Those who scold milady are not stupid, they are smart.

Let’s briefly talk about the investment logic of#WLDand #ARKM

Wld is the only shadow currency of open ai. Not everyone can play US stocks. People in the currency circle want to participate in the feast of Nvidia AI. They can only buy the shadow currency wld! It’s the same as Chinese people can’t buy Nvidia, so they can buy A-share 360

Arkm is invested by Ultraman. It is the only Ultraman token on the market. When wld rises, the overflow funds will come to ARKM. The second one is that he has AI applications and does blockchain data business. On-chain data is a big business. The current leader Dune has not issued any coins, so he has the upper hand. #arkm #WLD突破100美金