April is about to end. Where is the strong support this time? Yesterday, the Bitcoin spot ETF had a net outflow of 121 million US dollars, of which GBTC had a net outflow of 130.4 million US dollars, and the inflow of IBIT was 0. Grayscale has always been in a state of outflow. Now institutions are waiting for Grayscale to distribute. This is a good thing. The market will be healthier after sufficient turnover.
Bitcoin did not stand firm near 66,500 and began to fall at 20:00 last night. The market interpreted it as Israel’s action against Rafa, so it fell in response. In fact, it is not entirely true. The real reason is that Bitcoin is still in a weak adjustment. It has been said in previous analysis that it will adjust repeatedly and will repeatedly test the bottom support many times.
At the 4-hour level, re-verify the strong support position near the bottom of 60,000. In the short term, it is mainly to verify the support and fluctuate weakly. How will it trend today? $BTC $ETH
BTC Bitcoin returns to $70,000, and there are still 9 days before the halving. Will the market fall sharply? Dear everyone, Today is April 11, and the monthly trends of Bitcoin and Ethereum have been drawn together at this moment. Looking back at last month, we can see that both Bitcoin and Ethereum have shown positive performance, closing with a positive line, and accompanied by an increase in trading volume. At present, there is no sign of strong short-selling forces. We must realize that if the short-selling forces are really strong, the market will not close with a positive line. Based on the current market structure, at least we can judge that there is no sign of a sharp decline in April this month. Many people are now anxious and worried that the upcoming halving event may trigger a sharp decline. However, looking at the market objectively, we cannot make assumptions out of thin air. There is no obvious sign of a sharp decline in the current market. I think it is unrealistic to be afraid that it will happen again just because there was a sharp decline before the previous halving. Why has investment become so dramatic? This is because of the influence of some rumors in the market and the influence of those who lack professional knowledge. But can such behavior really make money? Today's market sentiment is just like the idiom: "Three people make a tiger". Some people lack technical knowledge and judge that there will be a big drop in April based on their own subjective assumptions. The more people say this, the easier it is for everyone to believe it... This is a typical example of "the wrong circle, the effort is in vain". As soon as there is a market correction, they start to predict a big drop, full of hype, claiming that the next halving will cause a big drop, but there is no substantial basis to support it. In April, I believe that many people will regret it again. Regret why they did not enter the market in time, regret listening to some unreliable news that led to short positions, regret choosing the wrong currency, and watching other currencies rise. Although Bitcoin is unlikely to rise sharply in the short term, there is no sign of a sharp drop from the current market. Bitcoin is fluctuating at its current position, which is the best time for us to look for new opportunities, new narratives, and the outbreak of other valuable currencies. So cherish the opportunities you have now. If you are in the car, take it with confidence. If you still have bullets, find your favorite currency. It is recommended to read the previous article. Leaving aside the big two, sol.ordi, doge, wld, op. These currencies still see 3-5 times of space. Students who are spot can take it with confidence. $BTC $ETH $SOL
This wave of correction is a pre-halving period correction, so don’t panic and get on the market in batches. I have successfully seen 6w5 6w6 on March 27th. You can come out soon. 🐂🍺$BTC $ETH $BNB
#How to find the 100x coin in this bull market? $SOL#Meme$BTC $ETH First of all, a review of the last bull market produced 61 hundred-fold targets. The last bull market created many 100-fold coins, and this is still the case in this bull market. There is always no shortage of narrative direction in the currency circle. Back to the topic, what information do we get from the 61 100-fold coins in the last bull market in the currency circle? Several necessary conditions for 100-fold coins in the last bull market are also indicators for the selection of 100-fold coins in the next round. Let’s talk about them together. First of all, after the market peaks, the new coins released in the bear market have not gone through the bull market. According to the previous round, taking mid-2021 as the starting point of the bull market, the time point for the birth of the 100x coin is ranked: 76% were born between 18 and 20 years old 24% were born in 2017 200 times: 85% were born in 2018-2019 Only 1.7% of these 100 times coins were born from Niu Mo! From this logic, we should focus on the new products released in 2022-23. The market value must be low. The market value at the time of entry is best not to exceed $500 million. The 61 hundred times coins in the last round were among the top 600 in market value before they took off~ In addition, it is the narrative direction. Looking at the last round, the public chain track accounts for the largest proportion, with 17 hundred times, accounting for 27.8%, followed by chain games, with 5 hundred times. Then there are cross-chain, defi, and meme sections. On the eve of the last bull market, few people actually paid attention to public chains. Later, Ethereum became a god, and various public chains also received widespread attention, and "a hundred chains contended." As for this round, you can pay attention to the L2 section, the Hong Kong section, the artificial intelligence section, and the chain gaming section, which are popular in this round of bear market. The chain game sector must be focused on. In the bull market, the number of users has increased significantly. Only the chain game sector can achieve this and produce a better wealth creation effect. In fact, the last round of chain game narrative is just an appetizer, and overall it is not interesting. So looking forward to the performance in the next round. After looking at the time, market value and narrative, you can also look at the project background and team strength. Institutions that have invested hundreds of times more coins include Multicoin, Polychain, Alameda, BN, A16Z, etc. Furthermore, in terms of token distribution, the best distribution of unlocked circulation is in the 40%-60% range, which is also the area with the most probability distribution of the last round of bull coins. To summarize: 1. Project release time: bear market 2. Section selection: leader or leader of each track 3. Circulation market value: less than $500 million 4. Project background: strength! (see investment institutions)
The inscription track has risen, but the car is too heavy. Do the partners who bought it want to take profits? Do those in the car want to evacuate?
With the sudden market of inscriptions tonight, a group of inscriptions have stepped up. The market of ordi and stas varies from more than ten points, and there is even a trend of rising. But unfortunately, the big cake is unmoved, so this wave of inscription market is not optimistic about the upward trend. It is recommended that everyone reduce positions and keep bullets to replenish positions before the halving!
I made a small recommendation on the 25th, which was an unintentional contribution. It belongs to haha~ Brothers who hold positions should encourage each other!
#飞砖语录 : Don’t be afraid of the shadow in front of you, that’s because there is sunshine behind you. #BTC $ETH $BNB #铭文市场 #sats(SATS) $BTC
Why do some people say that Bitcoin can rise to 1 million?
That is 140,000 US dollars. In the first phase, #BTC1000u, we declared it a scam. The second phase, #BTC5000u, maybe it is new technology, we will wait and see. In the third stage, #BTC15000u, maybe we should buy a little bit, but this thing has fallen too hard, so we should wait and see again. The fourth stage, #BTC70000u, fortunately I bought it at that time, it felt really good in the car. The fifth stage:#BTC100000u,早知道70000u的时候梭哈加仓开长期做多了. Stage 6: #BTC140000u, "I have a friend"…
The currency market has been good this year. How much money have you or your friends around made?
It is now 24 years. Recently, friends have come to consult me about the currency circle. They are divided into three waves: The first is that I heard about the sharp rise and asked how to download Binance Exchange? The second is that I have been trapped for three years and gradually got out of the trap. What should I do next? The third is to get on the train around the time before and after. Want to add a position at the current position? Is it feasible? How is it? Does it sound familiar? Is this what you were like in 21 years?
Follow the 17-year veteran in the currency circle, witness the madness of Defi; the rise of the Metaverse and NFT; the rise and fall of major exchanges; witness 5.19. Witness the double top of the pie and reach a new high in November, and then disappear. History is always surprisingly similar. I strongly agree with a saying: "There is nothing new on Wall Street, the sun rises every day."
How high can we go in the future? I share the same view as everyone else: BTC will reach 120,000-150,000.
Three waves of people came to me and asked me if they wanted to enter the currency circle at this time, they would have a priority and they would definitely get on board. Maybe one-third is on board now, but when will the remaining two-thirds be on board? That must be when BTC10w! When everyone is partying! So when will the bull market end? When uncles and aunts all started buying it! So, if a friend around you comes to ask you if you can enter the venue now, what would you say?
Do you choose to share and get on the bus together, or make a fortune in silence?
There are still 25 days until the BTC halving. How much will the correction be this time?
Good evening, let's pay attention to the market situation together. The reversal of ETF net outflow status has completely taken over Grayscale's selling pressure. Fidelity, following BlackRock, began to buy Bitcoin crazily, giving the market enough confidence. The market rose to the 70,000-71,000 level today. Affected by this, the mainstream currencies in the market rose by 3%-5%, and the altcoins rose by 5-10%. I recommended some currencies in the past two days, and the increase rate was more than 6 points on average. I wonder if my friends have caught it? Friends who are already on the bus, hold it with peace of mind, and those who are adding positions should not be anxious. It is expected that Bitcoin will fall back to 65,000 to 66,000 generations. The bull market does not happen overnight~ Good night!
Fei Zhuan Ye said: There will always be a few moments that make you suddenly feel that life is gentle and interesting~
There are 26 days until the Bitcoin halving. How do partners who still have positions before the halving operate!
There are 26 days until the Bitcoin halving. How do partners who still have positions before the halving operate! The market in the past two days has entered a process of stopping falling and fluctuating. The market has stopped falling and fluctuated. With so many sectors and so many currencies, some are still falling, some are starting to rebound weakly, and some have begun to gradually gain strength. In particular, some of the altcoins that rose later only experienced a volatile rise after stopping their decline. The closer we get to the halving of the pie, the more worried the market becomes. What are you worried about? Worried about a sharp drop~ The reason for worrying about a sharp drop is because the last bull market dropped sharply before the halving. According to the trend, the possibility of black swan time is relatively low at present. Players with insufficient BTC and ETH positions are no longer suitable for mainstream currencies. It is recommended to take 10%-20% of the position to allocate the following leading sector altcoins to ambush the spot:
Recently, many friends have asked me what stage the market is currently in during the correction, and whether the bull market has arrived or ended? Conclusion: None. A pullback is different from a decline. A correction is a normal market behavior, and a decline is a trend behavior. Although they are both expressed in the form of price drops, they are actually completely different. If I have to say a number, it would be 44,000. If it hits this price, it will declare the end of the bull market. The reason is that the decline exceeds 40% and forms a trend. 2. Halve. The first halving: the halving occurred on November 28, 2012 and the currency price reached 1,200 in November 2013. The second halving: the halving occurred on July 10, 2016 and the currency price reached 19,798 on December 17, 2017. The third halving: Halving on May 12, 2020 and reaching 69,000 on October 11, 2021. The fourth halving: halving on April 20, 2024. . . . 3. Callback before and after halving Now it is a correction before the halving. Will there be a correction after the halving? No one can predict it, so assume this pullback will be your last. On July 10, 2016, there was no correction before the halving. One month after the halving, the price dropped from 647 to 575, with a correction of 10%. There was a 20% correction the day before the halving on May 12, 2020, and a 10% correction a week after the halving. So which stage of the bull market is it now? We have roughly reached 40% of the process. The one who gets on the bus at the end of 2023 is the king of this round. Secondly, people who get on the bus during this period are still at a very price-advantageous stage. How should this battle be fought? Buy at the lows and sell at the tops. Looks simple, right? But can it be done? Very difficult. And our final battle will be at the end of this year or next year. That is to say, when a large number of new people see the news and the media reports frantically, and enter the market, that is the day we close our positions and leave! Congratulations to everyone for entering now, and I also wish everyone can leave with satisfaction. 🤩#BTC #sol #热门话题 #ETH
For example, I have several thousand yuan, what if I transfer it to 1 million in the currency circle?
Suggestion: All this assumes you are a newbie! Before you have 200,000 principals, don't look at this market. You can participate and test the waters. Don't think that you can turn around and make money! Before accumulating enough principal, study hard, work hard, and do not get involved in the cryptocurrency market easily. Why do you say this way? Because for people with only a few thousand dollars, making money in reality is much faster than investing. In the currency circle, if you want to make big money, you can almost only make contracts, and there is almost no possibility of spot trading. The contract market is even more risky, and the winning rate is difficult to guarantee even 0.1%, because you can win countless times, but lose once and you may lose everything. The market today is different from that of 17 years ago, and the barbaric growth at that time has long passed. Therefore, don’t be fooled by the reputation of some projects. Unless you are the project party, it is difficult for ordinary people to grasp the information gap. Before you save up to 200,000, remember: study hard, work hard, and accumulate more strength. If you have saved enough 200,000, remember to pay attention to an index: ahr999. According to the fluctuation of the index, buy low and sell high, only for Bitcoin, other cryptocurrencies do not need to be considered. In the market, be cautious, trading is against human nature. Buy when no one cares, sell when there is a lot of noise, this is the eternal truth. Only by experiencing a complete four-year cycle can you have your own understanding of the market. In the currency circle, there are only two types of coins: Bitcoin and altcoins. Don't be greedy for profits in the first cycle. You can't beat the bankers and whales personally. Always remember: don’t be greedy. In the new bull market, new projects will definitely appear, and there may be popular AI sectors and runes sectors. But the uncertainty of new coins is too great. Unless you have enough understanding, don't try it easily. In terms of investment allocation, I am currently 30% Bitcoin, 30% BNB, eth, and various track leaders, and the other 20% is allocated to sol, ordi, sui, and 20% of the funds are used to cover positions on dips and swings. . Finally, you must remember: Novices only trade spot stocks and never attack the primary market. This is no different from gambling.