Market observation from different trends:
The market seems a bit dull, right? But this is actually a normal phenomenon. Weekend price fluctuations are often closely related to low liquidity, especially this week. Has the market digested last week's negative news from the US? The answer may only be revealed after today's US stock market opens, which is crucial for market trends.
From current data, American investors' FOMO sentiment seems to have cooled down, and the recent market has been fluctuating between 87,000 and 91,000. Whether this range can become a new bottom is still uncertain, and the buying activity in the spot market is not as active as before.
The market structure is still in a bullish trend:
In any normal market, strong trending markets are low probability events (there is no situation where prices only rise and never fall), so we should not confine ourselves to a particular thinking model.
From the perspective of large cycle structures, I believe the current fluctuation range will not last long, at most a week, because the daily chart looks like initial supply, not a frenzied buying climax. The specific situation still needs the market to provide answers.
From the bull market since November 2022, although the speed and steepness of the rise are not as strong as before, it is overall more sustainable with more swing trading opportunities. At this point, spot players need to patiently wait for larger-level adjustments.
Wealth opportunities are hidden in volatile markets!
Currently, the focus of attention in the crypto world should be more on the on-chain primary market rather than the secondary market. Especially in the Meme sector, the market's FOMO sentiment has already erupted, and now may be a good time to achieve high returns. However, it is important to remind not to become addicted to Meme projects; taking profits in a timely manner is the rational choice.
It is not advisable for secondary market investors to rashly enter the primary market, as primary market investors usually have their own specialized tools and methods, placing ordinary investors at a PVP disadvantage. However, opportunities in the primary market should not be overlooked, as many of them eventually transition to the secondary market, potentially turning into larger opportunities.
For investors in the secondary market, entering early does not necessarily mean making money, but it is crucial to timely switch mindsets during different market stages and actively embrace change.
Mindset determines success or failure
While we continuously discuss which coins are good and which are bad, are we ignoring a fact? Regardless of the coin, if you buy at a high position, cutting losses after a pullback still results in a loss; whereas buying at a low position and selling at a high position, even with junk coins, can still yield profits.
The core of making money is buying low and selling high. Buffett once bought many stocks regarded as junk, but as long as it can make a profit, it's fine. We need to change traditional thinking; the key to shifting our mindset lies in information asymmetry.
Two types of information asymmetry:
Unique information asymmetry: This type of information exists only within a small circle, and ordinary people find it difficult to know. For instance, the issuance of Meme projects; ordinary investors often cannot access key information about the underlying team, funding, and potential.
Temporal information asymmetry: This type of information refers to obtaining valuable information earlier than others. It does not require you to collect information all day long; what is truly important is to improve the efficiency of information acquisition.
How to seize the upcoming 100x coin opportunity?
Join the right circles: Choose some circles that are difficult for ordinary people to enter. For example, by joining VIP groups (the QR code is below), you can gain a greater information advantage over others. The right circle will help filter out most ineffective information and enhance your cognition.
Enhancing self-cognitive ability: Improving the ability to interpret information is crucial. In the crypto world, multiple important narratives will emerge at different times. We must learn to interpret which projects have potential before delving deeper into research.
Enhancing information sensitivity: For example, Bitcoin, many people had already heard of this project back then, but most chose to ignore or even mock it. Successful investors often manage to discover and seize opportunities earlier than others.
Summary:
Ordinary retail investors also have ways to obtain information asymmetry; the key is to maintain an open mindset and take information acquisition seriously. Instead of going solo, it is better to enhance oneself through methods like 'clinging to strong allies.' In a bull market, both making and losing money happen quickly; whether you can retain wealth ultimately depends on whether you can make selling decisions at critical moments. I will provide reminders when necessary.
