The rebound of BTC in the past two days almost completely engulfed the previous plunge, ending the four-month consolidation, and the possibility of setting a new record high is increasing. However, many bears are still waiting for BTC to fall to $43,000 and ETH to fall to $1,600 with inertial thinking, but they may only see the price of the currency getting higher and higher.
Although there is usually a chance to bottom out again, the main force will not easily give you a comfortable entry point. If you did not bottom out on the 5th, you may feel very tormented now.
Is it a reversal or a conspiracy?
The market is cruel. When the public generally believes that the bull market is still going on and they are full of enthusiasm and are investing heavily, it will always find ways to make people lose money, blow up their positions, and lose their long-term chips.
In fact, the overall structure of the bull market remains unchanged. I mentioned that the shock from March to now may be of the same level as the shock cycle in April 2023.
However, the former fell into low volatility, with occasional turbulence, while in the past five months, the contracts were cleaned up with the help of news, while also slaughtering altcoins.
Perhaps medium and long-term investors are beginning to question whether this bull market is really still there?
It is estimated that only the coin hoarders will win this round. Of course, the coin hoarders only like to hoard BTC and other "value coins".
I noticed that many people are still waiting for a second bottom test. I don’t know if there will be a second bottom test. But in this round of market, the dealer seems to always be able to predict our predictions.
The trend always develops in the direction that makes most people lose money. If you were a banker, how would you mess with retail investors?
Someone told me today that this is a bottom rebound, but the rebound does not represent the bottom. I used to think this statement was fine, but now I dare not be so naive, because it is really difficult to guess how the dealer operates. As long as you can make sure that you are on the train in the next market, it will be fine.
So it is normal that knowing is easy but doing is difficult - first understand many principles, then test yourself in the market, discover your vulnerable and stupid side, and keep improving.
Next strategy: Remember to focus on US stocks and BTC
I firmly believe that there will be a shocking bull market in the next 1-3 years! This may be an opportunity for ordinary people like us who participate in crypto trading to change our destiny!
reason:
Judging from the attitude of the US election
The crypto industry has become an integral part of politics.
This shows two points: the size of the investor population is huge and the trend of capital assets is clear.
The overall economic environment is extremely bad
Even in an adverse economic environment, Bitcoin remains strong, despite the lack of liquidity and market confidence in altcoins.
This year is a critical time for the launch and sedimentation of ETFs. After the election, the market economy is likely to continue to loosen up, and the inflow of hot funds will drive the big market.
Compressed explosion under abnormal market conditions
The performance of altcoins is generally sluggish, but there are many good varieties that are mistakenly killed or precipitated. In this environment, once the market is released, the compressed upward space will be magnified.
Therefore, product selection is very important and try to avoid buying junk varieties.
This wave of rebound has a strong currency with a strong wealth-creating effect!
The sectors are: AI sector, Solana sector
AI sector (TAO, NEAR, RENDER) Solana sector (SOL, JUP, WIF)
Inscription plate: (SATS)
There is no need to worry about the decline of altcoin spot, and you can buy in batches. In the current price range, even if you are trapped, it will not last long, and the speed of unwinding and making profits will be very fast.
For retail investors, it is very important to understand the existence of industry boom inflection points. When the market is immune to negative news, only a little time will be lost, but no money will be lost. If the boom inflection point is established, the profit will be very considerable. But it should be noted that the position and holding time should be reasonably weighed.
The rebound of BTC in the past two days almost completely engulfed the previous plunge, ending the four-month consolidation, and the possibility of setting a new record high is increasing. However, many bears are still waiting for BTC to fall to $43,000 and ETH to fall to $1,600 with inertial thinking, but they may only see the price of the currency getting higher and higher.
Although there is usually a chance to bottom out again, the main force will not easily give you a comfortable entry point. If you did not bottom out on the 5th, you may feel very tormented now.
Is it a reversal or a conspiracy?
The market is cruel. When the public generally believes that the bull market is still going on and they are full of enthusiasm and are investing heavily, it will always find ways to make people lose money, blow up their positions, and lose their long-term chips.
In fact, the overall structure of the bull market remains unchanged. I mentioned that the shock from March to now may be of the same level as the shock cycle in April 2023.
However, the former fell into low volatility, with occasional turbulence, while in the past five months, the contracts were cleaned up with the help of news, while also slaughtering altcoins.
Perhaps medium and long-term investors are beginning to question whether this bull market is really still there?
It is estimated that only the coin hoarders will win this round. Of course, the coin hoarders only like to hoard BTC and other "value coins".
I noticed that many people are still waiting for a second bottom test. I don’t know if there will be a second bottom test. But in this round of market, the dealer seems to always be able to predict our predictions.
The trend always develops in the direction that makes most people lose money. If you were a banker, how would you mess with retail investors?
Someone told me today that this is a bottom rebound, but the rebound does not represent the bottom. I used to think this statement was fine, but now I dare not be so naive, because it is really difficult to guess how the dealer operates. As long as you can ensure that you are on the train in the next market, it will be fine.
So it is normal that knowing is easy but doing is difficult - first understand many principles, then test yourself in the market, discover your vulnerable and stupid side, and keep improving.
Next strategy: Remember to focus on US stocks and BTC
I firmly believe that there will be a shocking bull market in the next 1-3 years! This may be an opportunity for ordinary people like us who participate in crypto trading to change our destiny!
reason:
Judging from the attitude of the US election
The crypto industry has become an integral part of politics.
This shows two points: the size of the investor population is huge and the trend of capital assets is clear.
The overall economic environment is extremely bad
Even in an adverse economic environment, Bitcoin remains strong, despite the lack of liquidity and market confidence in altcoins.
This year is a critical time for the launch and sedimentation of ETFs. After the election, the market economy is likely to continue to loosen up, and the inflow of hot funds will drive the big market.
Compressed explosion under abnormal market conditions
The performance of altcoins is generally sluggish, but there are many good varieties that are mistakenly killed or precipitated. In this environment, once the market is released, the compressed upward space will be magnified.
Therefore, product selection is very important and try to avoid buying junk varieties.
This wave of rebound has a strong currency with a strong wealth-creating effect!
The sectors are: AI sector, Solana sector
AI sector (TAO, NEAR, RENDER) Solana sector (SOL, JUP, WIF)
Inscription plate: (SATS)
There is no need to worry about the decline of altcoin spot, and you can buy in batches. In the current price range, even if you are trapped, it will not last long, and the speed of unwinding and making profits will be very fast.
For retail investors, it is very important to understand the existence of industry boom inflection points. When the market is immune to negative news, only a little time will be lost, but no money will be lost. If the boom inflection point is established, the profit will be very considerable. But it should be noted that the position and holding time should be reasonably weighed.
