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Shitcoins can’t be played with; they will really get you wiped out. This is not for small retail investors; it follows the decline but not the rise. 95% of the shitcoins on the market only have one wave of hype. Interest rates are expected to be cut twice next year, initially expected to be four times; the expectations for rate cuts next year have decreased. In the U.S., there are basically hawkish statements, saying one thing and doing another. Looking at the market trends of 2023, January was all declines, and only by the end of the month did the market start to warm up. Currently, we can only play the short-term, fast in and out.
To summarize the key points from the afternoon:
1: BlackRock and Grayscale are both increasing their positions in spot assets; one is increasing mainstream assets, while the other is increasing shitcoins.
2: Bitcoin is rebounding on reduced volume; the momentum is not as strong as before, and prices rebounding in the 102600-103000 range will continue to decline 📉
3: Ethereum has a double low on the 4-hour chart at 3646 and 3591, which can be used as a buy point, with a stop loss at 3555.
4: Solana's bull flag has not been broken; continue to buy at the lower edge of the 204 and 200 channel, with a stop loss at 197.
5: For safety, consider bottom fishing for mainstream assets like ETH, BNB, and SOL.
6: USUAL is really strong; wait for a pullback to position.
7: A certain whale continues to expand its long position in AAVE, spending $3.18 million to purchase 9,702 AAVE; there’s no problem with following the big players if you don’t have your own coins.
8: Longling Capital whale address bought 6,000 ETH.
9: Trader Eugene Ng Ah Sio is bullish on SOL after losing a million dollars on meme coins.
To summarize the key points from the afternoon:
1: BlackRock and Grayscale are both increasing their positions in spot assets; one is increasing mainstream assets, while the other is increasing shitcoins.
2: Bitcoin is rebounding on reduced volume; the momentum is not as strong as before, and prices rebounding in the 102600-103000 range will continue to decline 📉
3: Ethereum has a double low on the 4-hour chart at 3646 and 3591, which can be used as a buy point, with a stop loss at 3555.
4: Solana's bull flag has not been broken; continue to buy at the lower edge of the 204 and 200 channel, with a stop loss at 197.
5: For safety, consider bottom fishing for mainstream assets like ETH, BNB, and SOL.
6: USUAL is really strong; wait for a pullback to position.
7: A certain whale continues to expand its long position in AAVE, spending $3.18 million to purchase 9,702 AAVE; there’s no problem with following the big players if you don’t have your own coins.
8: Longling Capital whale address bought 6,000 ETH.
9: Trader Eugene Ng Ah Sio is bullish on SOL after losing a million dollars on meme coins.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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