Last week, Bitcoin was consolidating at highs, and it set a new historical high early this morning! Will Bitcoin set a new high again this week and challenge 100,000?

图片

BTC has significant small-level fluctuations; in the past two days, it’s noticeable that it fluctuates up and down by two to three thousand points, taking off one second and plummeting the next. This is mainly to wash out high-leverage players for better upward movement later. Currently, there is a demand for small-level corrections, and after breaking the historical high, there was a massive sell order that was instantly slammed down again.图片

Next, the path for Bitcoin to break through historical highs again will only become more difficult, meaning that a lot of institutional large holders who bottomed out have basically doubled their BTC, and the selling pressure will be much more severe. Therefore, we see significant fluctuations and back-and-forth washing trends. Next, pay attention to the support range of 90500-91000; if it does not break, continue to be bullish. If there are signs of a stop-loss in this range, you can consider entering long positions.

Last week was a week where Bitcoin consolidated at highs, Memecoins surged, and altcoins shrank. Bitcoin repeatedly broke new highs, and this week it is expected to break the 100,000 mark, which will also bring severe fluctuations. Many Memes performed almost the same last week, and this week they will start to trap investors, so it’s advised not to buy into these Memecoins with huge profit margins at high positions, such as Pnut, which need deep corrections.

In the past few days, I’ve seen many comments, most of which are related to MEME, asking if they can chase certain MEMEs at the current price.

I would not recommend buying any MEME with a large position at any time, because most people cannot manage it, will buy without selling, and ultimately get trapped; many memes may get trapped forever.

After experiencing more, one will see through the ugliness of human nature; it doesn’t matter how many times one earns, once suffering a great loss, one will become a sinner.

Previously, I would recommend everyone to pay more attention to the SOL sector and MEME. I have also laid out, sold in batches, and sold off. But right now, regardless of whether it’s profitable or not, one should not focus on it anymore because the end of FOMO is being harvested.

The end of finance is the secondary distribution of capital, which essentially turns your money into someone else's, and someone else's money into yours. How do we do this? How can we prevent becoming the first type of person and instead turn into the second type?

It’s simple: want to layout before others, guard against stagnation, then continuously sell during the rise, waiting for the next opportunity. Thus, it’s better to miss out than to chase with large positions; if it’s just a reasonable position to take a chance, then it doesn’t matter.

At this point, fans might ask, which sector can be laid out next?

RWA represents a relatively reasonable upward trend; currently, the potential outweighs the risk, and long-term consideration is possible.

Compared with other altcoins, this sector has three advantages: one is focused on Americans, one is practical application, and one is a new narrative for a new bull market that didn’t exist before.

In RWA, there is an OM with a growth of over 200 times, which represents the trend. There are MKR, the new leader ONDO supported by BlackRock, and many similar projects like polyx, tokens, etc. Most of them have already approached the bottom and doubled in the last month.

In the entire altcoin sector, the project that BlackRock clearly participates in might only be ONDO. A large number will be unlocked starting next year, and currently, the market is mostly worried about the trend after unlocking. Personally, I believe unlocking is a double-edged sword; with an increased circulation, it may suppress long-term prices, but it must also rise to support capital exits.

The most direct personal opinion: BlackRock's pattern is not limited to this; the money made from MEME should flow here for it to be safer and more reasonable.