After 5 days of sideways trading, BTC officially broke through 65,000 points, clearly indicating a reversal trend. Under a bullish trend, every small pullback is an opportunity to get on board.
Technical analysis perspective
Bitcoin broke through 65,000 points on the daily level, officially breaking through the pressure of the downward trend line. After currently consolidating and holding, it can be confirmed that it is a reversal market.
As long as it is a reversal market, it will not end in a week or two. Usually, a market that lasts for months can be called a reversal market.
The difference between a reversal market and a rebound market is that a rebound market has poor sustainability, while a reversal market has a strong continuous profit-making effect. The strategy is to buy on dips and integrate knowledge and action.
Friends who often read my public account can look at my previous content. Since September 2nd, I have been calling on everyone to start buying at the bottom when no one is interested.
Looking back today, although we did not buy at the lowest point, we happened to buy in the bottom range of this wave of adjustment.
We suffered from this wave of reversal almost from beginning to end.
In the content I shared a few days ago, I recommended the Momo coin FLoKI, also known as Niutou, which also entered the growth list today, with a three-day growth of nearly 30%. It’s full of big meat.
I know that many of my friends have broken thighs now because they didn’t get on the bus in time and are now in a dilemma.
Today, I will explain to you the underlying logic of the reversal in the market during this period, and how to grasp the trend of the next few months and maximize your profits.
First: After the Fed’s interest rate meeting, the rate cut exceeded expectations by 50 basis points. This clearly shows that the US does not want to continue to consume high interest rates. The rate hike to 5.5% in two years is ostensibly to reduce inflation, but in reality it is a financial war. It is to destroy the wealth accumulated by the 20 years of market economy in the University of Tokyo. In the end, we managed to hold on, and the US had to call it a day. A direct defensive rate cut of 50 basis points, and the trend is to continue to reduce interest rates in order to reduce debt pressure, this is the main underlying logic.
Second: In the US election, the Democratic Party needs more votes during its term to be re-elected. A larger interest rate cut during its term is a plus on the surface.
Third: Bitcoin peaked after 315, and the adjustment time was nearly half a year. The market altcoins fell deeply enough, coupled with the good news of CZ being released from prison on September 29, the multiple resonances ushered in this wave of reversal.
Only with the above underlying basic consensus can the market form a real synergy and break through the upward resistance.
Next, I will talk about how to maximize profits, which involves your own operating habits, patterns, and methodology.
At present, there are several directions that the market has reached consensus on, namely artificial intelligence, meme coins, the RWA sector, and some good projects on the second layer.
I will summarize the order of the recent growth list to make it clear to everyone at once which projects are more likely to achieve a tenfold or more increase in the next few months.
Let me first state my opinion. My summary only represents my personal opinion and does not constitute any investment advice. Besides, the market may usher in a short period of adjustment after CZ is released from prison.
Friends who have not yet gotten on the train are not suitable to chase high prices. Just wait patiently for the adjustment period.
At this point in time, create a focus pool for the most important stocks that need to be added to positions or that need attention.
Spend 2 hours in the afternoon organizing
The increase in all Binance coins is quite sharp
For your reference, your own long-term copycat is better than the others.
Currencies with an increase of more than 9 times:
$REEF 583 rose to 6488, an increase of 967%
Currencies with a growth rate of more than 3 times:
$NEIRO rose from 310 to 1376, an increase of 306%
Currencies with an increase of more than 2 times:
$SUI rose from 0.4625 to 1.783, an increase of 288%
$SATS 109 rose to 427, an increase of 290%
$SAGA rose from 0.84 to 2.86, an increase of 240%
$TAO 164 rose to 599, an increase of 235%
Currencies with an increase of more than 100%:
$SUPER rose from 0.367 to 1.085, an increase of 188%
$PENDLE rose from 1.82 to 4.65, an increase of 155%
$SEI rose from 0.2026 to 0.0505, an increase of 148%
$FET rose from 0.7 to 1.74, an increase of 147%
$AAVE 77 rose to 180.7, an increase of 133%
$OSMO rose from 0.3 to 0.68, an increase of 122%
$RUNE rose from 2.53 to 5.52, an increase of 122%
$ZETA rose from 0.34 to 0.736, an increase of 119%
$WIF rose from 1.07 to 2.36, an increase of 116%
$IMX rose from 0.903 to 1.858, an increase of 105%
$ORDI rose from 20.72 to 42.44, an increase of 102%
$AXL rose from 0.366 to 0.735, an increase of 100%
Among hundreds of currencies, only 19 currencies have increased by more than 100%.
The strong will become stronger, and some of the above currencies are more in line with long-term standards
This wave of increase does not exceed 30% of the currency can be exchanged for strong currency
I hope everyone can grab 20x coins in the second half of the bull market😄😄
The assets in hand increased by 10 times
Finally, I remind you again that the reversal market will not end easily. Even if there is an adjustment, don’t be too greedy and try to get a very low price. Because you didn’t dare to buy at the really low price, and now you must pay a higher price. Unless you are willing to miss the opportunity.
Let’s share these today!
