Hello everyone, I am Crypto Mubai. As an old investor and analyst in the market, everyone affectionately calls me Dabai.
Dabai is also a senior analyst and one of the founders of Daxigua Community Spot and Heyue Layout in the blockchain market! The winning rate is as high as over 96%!
Okay, Dabai’s self-introduction is over. Let’s follow Dabai to see the 1.3 Black 10 Minutes, Dabing sacrificed 5,000 dollars! ! ! Spot bottom-picking signal
Less than 12 hours after Bitcoin broke through 45,000, it experienced a huge price drop. In just 10 minutes, the gains since December 18 were wiped out. This huge "door" caught the market off guard!
As we all know, this year marks the 15th anniversary of the creation of the Bitcoin blockchain. Is this crash considered a "blood sacrifice"?
The mysterious reason When talking about the "culprit" of this drastic change, whether it is AICoin Square, the chat room, or X, they all point to a report - Matrixport's report on "SEC will reject Bitcoin spot ETF again in January"!
As the market holds a strong bullish sentiment on the result that "the SEC must make a final decision on ARK & 21Shares' current round of applications on January 10", even Bloomberg ETF analyst James Seyffart believes that the probability of approval is as high as 90%.
At this juncture, Matirixport went against the trend (I don’t know if this is considered sobering). Anyway, after the report was released by the media, BTC fell, altcoins fell, and it was a big fall!!!
In just 10 minutes of flash crash, the liquidation volume in 1 hour reached 360 million US dollars, and the long positions suffered heavy losses! !
It is worth noting that when the waterfall started, big investors had already started to flee urgently.
Data shows that after falling below $44,000, the main force of Binance BTC/USDT perpetual began to close short positions, with a total purchase of $183 million. Among them, 6 orders were large orders worth tens of millions.
This is worth us setting up early warning reminders, paying attention to the movements of large investors, and avoiding risks in time.
As the day when the U.S. SEC makes a final decision on this round of ARK & 21Shares applications is getting closer, the market may still fluctuate, so everyone must do a good job in risk control!
Friends, how was yesterday? This market is really fierce!
Fortunately, most of Dabai’s positions are in spot trading recently, with only a small portion in contracts!
But all the losses were stopped. Fortunately, I set a stop loss, otherwise I would have been liquidated!
But I also lost a lot! It’s so sad!
Therefore, Dabai has been emphasizing that stop loss must be set for contracts in order to guard against such sudden market conditions!
2024 January 3rd can remember this day! It is comparable to the past September 4th, March 18th, and May 19th
Dabai has also experienced all of this, avoided some crashes, and unfortunately also had his margin calls!
In short, you must improve your knowledge in this circle and cherish every moment!
I believe you can see various analyses on the Internet about the reasons for yesterday's plunge.
A piece of news triggered panic across the entire Internet. Of course, this piece of news was just a fuse, and the reasons behind it are thought-provoking!
I believe everyone knows this news. An analysis team said that the ETF would not be approved, which caused panic in the entire network. Even if it was finally confirmed that it was only an estimate, not a certainty! However, the dog dealers and some big investors heard the news and smashed it together! Short selling, poor retail investors were liquidated!
The entire network had a 24-hour liquidation of 688 million!
Through real-time analysis, you can also find that Sun Ge actually entered the market before the crash, and he led the rhythm of this wave again. Sun Ge is worthy of being Sun Ge, and his figure can be seen everywhere in the crash!
Also, the analysis team that broke the news is from Bitmain’s Wu Jihan, who is also an important figure in causing trouble!
Secondly, the overall market has been growing recently, and everyone has too high expectations for the approval of the ETF. Any disturbance in the ETF will affect everyone’s emotions and cause a stampede!
Another thing is that the bull market is coming soon. This kind of extreme market is very common before it comes. The rising trend is too heavy, and it is reasonable to have a sharp drop to wash the market, but it is difficult to grasp when it will start! Washing the market will hit some high-leverage players. Before the bull market started, many people were long. The sharp drop in high leverage washed out some chips, and the rising trend was very light again!
In short, don’t panic, there will be good results in 2024, the ETF will definitely pass in the end, and there will also be favorable market conditions such as the Cancun upgrade and the halving of the bitcoin price!
Dabai will always recharge your faith at the faith recharge base! We don’t have to worry about the layout of spot goods. On the contrary, those who have positions have the opportunity to get on the train at a low level. If there is good news, buy at the bottom!
Dabai Recharge Faith Base has been recharging faith for old friends. When the market fell sharply yesterday, I told my old friends not to panic! Don’t be afraid of spot prices, buy at the bottom!
Follow Dabai in the bull market, pay attention to Dabai, Dabai is here to recharge your faith!
Buy at the bottom, layout the spot with good news, layout at the bottom! Don’t be afraid of spot, Dabai will recharge your faith!
Dabai recommends two currencies that have relevant benefits and can be deployed for your reference:
1.#STRAX Current price around 1.334
STRAX - Stratist’s token swap schedule has been released. The snapshot was taken on January 31st, and the StratisEVM is scheduled to be released on February 1st.
Betting on the effect of good news! Spot layout
Buy lightly at current price or wait for a pullback to around 1.28-1.245, and buy at around 1.56-1.76 above.
2.#mina Current price around 1.3324
MINA - Mina Protocol unveiled its 2024 roadmap, announcing that the Berkeley technology upgrade will be carried out this year.
A strong green species, you can get twice as much as the last layout's highest point of 1.69!
Spot layout, reap the effects brought by a wave of good news!
Buy lightly at current price or wait for a correction to around 1.28-1.25, and buy at around 1.55-1.77.
Also, the Cancun upgrade is coming near the end of January, so seize the bottom opportunity brought about by this big drop!
ARB, OP, PERP, IMX, MATIC, etc. are all opportunities!
