Are you looking for the golden dog on the biggest blocked boss?
Last night, I reminded two friends in the groups not to touch the BSC chain, the position is quite awkward.
Most with expectations are likely to be cut, still the same saying, golden dogs come unexpectedly.
Last night I saw a few scam dogs, even some launched with a market cap priced at 5 billion USD. The key is the trading volume; it has now reached a market cap of 6.4 billion USD. With such a high value, are they really going up? How much do you think it can grow to?
Clearly, there are traps at high positions to fool people. Are you really going to chase in?
I know you are thinking that regardless of whether it’s a golden dog, as long as you can make several times profit, you’ll get out. You are thinking about profit, but they want your principal.
Going in means being trapped at a high position; who will take over for you when it’s illiquid and entirely relies on emotion?
The first-level water is very deep, and they are all shady people.
Look more, learn more, and think more. Be a little more cautious!
Is everyone digging for the golden dog on CZ? #CZ Early this morning
A user asked on Twitter what Zhao Changpeng's dog's name is and for a picture
The most discussed topic during the day is everyone waiting for the name of his dog, is the whole internet digging for the golden dog?
So, what do you think, is it possible? I mean, is it possible?
Golden dogs are often unintentional; could something expected be a trap?
So bad, at this point, frantically pushing memes to compete for the already scarce liquidity in the market is nothing short of killing the goose that lays the golden eggs!
How much have your altcoins retracted? #BNBChainMeme热潮 Recently, the AI agent has pulled back, and in the past few days, BSC has pulled back as well. Does it look like the altcoin sector is rotating?
Not necessarily! Why? As I have been saying the most lately: The times have changed.
It is impossible to expect the same kind of altcoin boom like the last bull market where all coins rise together; one cannot just sit back and profit.
Some altcoins are dead and completely gone.
Currently, many people see a bear market, but I think it’s too early. Why? Because this round of altcoins has really underperformed; they don’t have enough space to offload. If they don’t offload, how do they make money? They are not new coins listed on exchanges. Even the market manipulators have costs; if they don’t pump the prices, they also incur losses. They can only continue to follow Bitcoin’s script.
Originally, without an ETF, one could indeed infer that the bull market has ended, but with the ETF approval, during the approval period, Bitcoin consolidated for nearly ten months before starting the rise to 72,000-90,000. The ETF approval can be seen as the beginning of traditional industries accepting online finance for the cryptocurrency market. According to the time cycle, it should indeed be heading into a bear market now. What is the prelude to a bear market? Bitcoin consolidates at a high, altcoins rise and offload, and once they are done, the crypto market ends, waiting for the next round.
The peak period for this round of altcoins is the week of December 1-8, 2024, where all altcoins will rise together for a week and then continuously decline. A week is simply not enough to support the market makers in offloading their assets. My view is to absorb liquidity to elevate Bitcoin and extend the bull market cycle.
So, it's actually not a good thing for altcoins to rise too early now.
Currently, the target height for Bitcoin is around 130,000 or 150,000.
From a technical perspective, to reach 150,000, it must revisit the area around 76,500; just like the spike on August 5, 2024, it’s not about a black swan event—looking at the K-line, you can see that it’s reasonable to touch that position. The same logic applies to revisiting 76,500.
Waiting for Bitcoin to consolidate at a high and for altcoins to rise, it’s time to pull out.
In this circle, either you hit the jackpot and retire immediately. Or you live longer.
Investment is not speculation; the essence of the financial circle is to put other people's money into your own pocket. Money earned before the gambler leaves the table doesn’t count as profit.