This bull market will be more complicated than the last two bull markets. The rising process is very bumpy, so if you want to withstand the gains of the bull market, you must endure this bumpy process. Recently, both outsiders and insiders have watched the pie break new highs, thinking that once it breaks new highs, the road ahead will be smooth, so they are all entering the market crazily. This is a blind operation caused by being controlled by emotions and being affected by the people around you and the environment. Many people see that the coins in their hands are not rising, they see that the pie is breaking new highs, they see that some hot coins are rising well, and then they chase the rise and change positions. As a result, they are very sad these days. They obviously have not made any money, but they chase the rise. After the market pulled back ten or twenty points, it was gone.
It is very important to control the market. The trend of each currency is different. The market has clearly shown signs of a short-term peak and is about to pull back. If you see it rising to a new high, you will enter the market blindly. , you will fall into the trap of the main force. When we can understand the trend of the market and analyze the signs of weakness on the market through the clues on the market, can we not step on this trap? Will you not lose money in these two days?
If we also master the signals that can identify the buying, after the callback in the past few days, different currencies have different start times, and we can find out which one will end the callback and can enter the market, then we can Seize the next trend?
This is the charm of technology. It allows us not to guess the market and not fall into the main trap because we cannot identify it. Instead, we can see risks, avoid them, and seize opportunities when we see them.
Judging from the daily line of Ethereum, it is still running within the pipeline line and has not fallen below the support of the pipeline line below. However, we need to pay close attention to the closing prices of the past two days. If it falls below, the short-term rising market will be over. Needs to be repositioned.
Let’s look at the latest trend from the 4-hour perspective. The 4-hour trend is currently in a downward trend. Compared with before, many military forces are currently shrinking and their strength is insufficient. The Air Force’s callback has not yet ended, and we can only look for effective support below.
The first support below is $3,700. It has closed the hammer line twice before, indicating that the support is very strong. If it falls below, the second support is $3,500.
Short-term correction ≠ Big drop
Regarding the market trend, we must have our own clear positioning. What you do is: ultra-short-term, short-term, mid-term, and long-term.
This is something we need to think clearly before we trade. Trading is "plan your trade, trade your plan."
For example, if you are a long-term investor, you should not change your original intention just because you see a correction in the short term. You want to take advantage of a wave of profits in the middle, sell the point when you see the correction, and then take it back at a lower position.
Before doing it again, first of all, you must think about whether it conforms to your trading plan; secondly, whether you are capable enough to understand the market? During the callback, determine whether it is a major callback or a small callback. Can you identify whether the decline has stopped after the callback and enter the market in time?
Get rid of the noise, and there are 9 major tracks where the bull market will explode
1. ETH Layer2
- With the launch of Starknet, zkSync, Scroll, Blast, etc., the combination of Ethereum (ETH) and Layer 2 (L2) has become the largest isomorphic cross-chain ecosystem. Competition in the two directions of technology and market flow makes the L2 market competition extremely fierce.
- Focused projects: Starknet, zkSync, Scroll, Blast, Manta
2. Modular public chain
- With the launch of Celestia, the market share of the decentralized application (DA) layer begins to break away from Ethereum’s monopoly. OP Stack, Polygon CDK, etc. provide mature smart contract architectures, making the DA exploration of Bitcoin gradually become a reality.
- Follow projects: Celestia, Altlayer, Dymension, Avail, Fuel, Espresso
3. BTC Ecology
- As the value of Bitcoin liquidity release is gradually recognized, BTCfi is expected to host a market of more than 100 billion US dollars.
- Focus on projects: Stacks, Merlin, B² Network, Chainway
4. Restaking
- The proposal of Restaking can help emerging blockchain projects obtain appropriate security during the startup phase and avoid unhealthy token mechanisms with excessive token emission inflation.
- Follow projects: Eigenlayer, Babylon, Renzo, Puffer, Pendle
5. Gamefi
- With the large-scale popularity of MPC wallets, games that have been iterated for 3 years will have stronger user capture capabilities than their predecessors.
- Projects to follow: Space Nation, Lumiterra, Matr1x
6. AI+Web3：
- The iteration of AI will inject new vitality into the cryptocurrency field, and blockchain technology provides transparent and verifiable solutions for AI.
- Focus on projects: TAO, OLAS,
7. Depin concept
- Depin is a new online + offline token distribution and service provision model. As the infrastructure is gradually improved, its exponential network growth will usher in a new phenomenon.
- Focus on projects: Mobile,
8. Social
- The explosive power of social monetization has been demonstrated. At the same time, censorship resistance and security are social calls for Web3.
- Focus on projects: Farcaster, Lens,
9. DeFi derivatives
- Financial scenarios have always been the most suitable application areas of high value and practical benefits for blockchain.
- Focus on projects: GMX, Gains, Drift, Apex, Aevo, Whales
Finally, there are still many things that have not been written in, such as specific opportunities and specific decisions. These things often cannot be summarized in one article.
Create a high-quality circle, mainly to explain various basic industry knowledge in the currency circle, and recommend coins with market potential and altcoins! The rotation of hot spots, the basic methods of identifying tops and bottoms, how to better grasp this bull market, and a series of other knowledge, if you are interested, you can contact me.