Is Teda too fierce? Another 1 billion USDT was issued early this morning!
Institutions are really going crazy right now, basically buying billions and billions through Tether every day to enter the market. They are all waiting for a major correction in Bitcoin, but institutions keep buying in bulk, and the price increase in the crypto circle has already gotten out of control!
However, compared to the high-priced BTC, I still think ETH and SOL are cheap, and when Bitcoin can't push higher, these coins will start to catch up.
The meme coin sector is also worth keeping an eye on. We entered Doge at 0.1, Pepe at 0.06, WIF at 2u and sold at 3.9, Floki at 0.28 and sold, all making several times profit.
Except for Pnut, which is a bit of an oddball and I don't know if it's having a meltdown, we entered at 1.3 and 1.5 for a small loss, and when Musk shouts for it, it will rise, and we can accordingly reduce our position.
Apart from Doge, other meme coins have experienced significant corrections, and you can consider entering a bit. However, meme coins are very volatile, and Shuqin has tried to pick some decent coins, but there are still individual risks, so meme coins must be held in a diversified manner; you can't put all your eggs in one basket.
With Bitcoin now close to 100K, I really feel that entering BTC at this price is akin to entering the Nationalist Army in '49. For those who haven't entered yet, it would be more prudent to buy some ETH, SOL, and a small amount of meme coins on dips.
As I said, the peak will be around January 20 when Trump is inaugurated and in March during the Prague upgrade, and there may be 1 or 2 major corrections in between, so avoid high leverage; we aim for steady victory!