The market has gone completely crazy, breaking new historical highs. It only took a week, from 69k to 89k, Bitcoin surpassed silver from the 9th asset in the world to the 8th in the world. All this is because the old man won. Market sentiment is high, small investors and institutions are buying crazily, and U has been issuing more and more, and pulling up the market again. Since Bitcoin broke through the historical high, all technical indicators are not very useful. After warning of risks yesterday, it pulled back by about 5%, but it came back overnight. There are many pins and V-shaped reversals in the bull market. I hope everyone will not think about fighting those pullbacks. Even if you want to do it, you must bring a stop loss. Don't hold the order because of that limited profit, which will lead to the loss of all the opportunities later. It is recommended that everyone get rid of the operating habits of the previous 8 months of shock washing, and now follow the trend to integrate into the operating environment of the bull market. Winning the election is only the first step, taking office is the second step, and accepting the promise is the third step. In addition, the official launch of the interest rate cut cycle means that this position is definitely not the top, otherwise why are those institutions still buying crazily? Never try to bet on limited callback profits in a one-sided market, otherwise you will be trapped again and again, and in the end, the prosperity of the entire cryptocurrency circle may have nothing to do with you. Finally, I emphasize that you should hold on to the spot! ! ! Dogecoin has also skyrocketed. Let me tell you the reason for its surge. Someone interviewed Musk before and asked him if he was willing to lead the government. Musk joked that he was willing to lead the DOGE government. As Musk bet on Trump's victory, Trump officially announced today that Musk will cooperate with American entrepreneur Vivek Ramaswamy to lead the proposed government efficiency department (abbreviated as DOGE). You thought he was joking, but who knew he was serious. Today's market analysis, from the K-line, BTC is falling at the one-hour level (there is a stop-loss signal), sideways at the 4-hour level, and still rising at the 12-hour and daily levels. The intraday pressure level is 90,000 and the support level is 85,500 US dollars.
Trump said: I am pleased to announce that Musk will work with American patriot Vivek Ramaswamy to lead the Department of Government Efficiency "DOGE". These two outstanding Americans will work together to pave the way for my government to eliminate government bureaucracy, cut excessive regulation, cut wasteful spending, and restructure federal agencies. This move not only made Musk popular again, but also had a significant impact on the four words DOGE. Today, the D.0.G.E on the chain has doubled 200 times. This is the power of message traffic. Yesterday, Bitcoin ETF again received a large inflow of 817.5 million US dollars, and Ethereum ETF received an inflow of 135 million US dollars. Buying for 5 days should be enough. Market Interpretation Big Cake has begun to pull back. 85,000 has confirmed the short-term support. The volatility is still very large. Now a small K-line may fluctuate more than 1,500U. Yesterday, it fell about 5,000U from the high point. More than 25 times of long positions were wiped out. There will not be a particularly large decline at this stage. Because there are many people scrambling to get on the train, the market will continue to go up for a few days. At least this week is still a good opportunity to buy low from high ground, especially for contract players. CME futures have a large gap at 78,000-81,000. This is also a relatively good support point. The probability of filling the gap is relatively high, but there may only be one opportunity. If you want to get on the train or buy the bottom, this is a very good position. Big Cake fell slightly, and the second cake was numb again. Huixing went back again. Facts speak louder than words. SOL has also started to pull back. The 190 support level given before is still valid. The on-chain MEME still depends on SOL. MEME is the main line of the second half, no doubt. So for those who do T, the target of this purchase is the historical high. For the copycat: DOGE is completely crazy, but it didn't rise much today. Buy the expectation and sell the reality. This thing has landed. Should DOGE also adjust? Musk also took the opportunity to nurse the little squirrel. PNUT also rose in response. It is different with or without the support of B Security. This liquidity is very comfortable. You can also get 50% of the increase by catching up directly. Everyone is now ambushing the next MEME on B Security on the chain. Will it be LUCE? There is nothing to say about other copycats. Only MEME is shining. If you can't keep up with the rhythm, you will miss the whole bull market. $ACT $PNUT $AGLD #BTC何时破9万?
The bull market in the cryptocurrency market is coming. Are you on board?
Yesterday, the market fell back, but Bitcoin did not fall much, but the copycats returned to their original positions. This is the current market. BTC doge is the protagonist, and other memes follow closely. Every pullback can show who is stronger. Last night's pullback showed that memes such as pnut neiro act pepe wif are relatively strong. Some are new highs, and some are V-reversals. Pullbacks are the best opportunities to get on board. After yesterday's wave of pullbacks, the market's funding rate has also dropped a bit. A healthy rise is definitely not a continuous rise, so it is necessary to clear the leverage after a pullback! Don't chase the rise and kill the fall. A big pullback is a good time to build a position! Don't wait for it to rise again, and then get in. It may be a stage-by-stage high! At the macro level, the most important data of the week will be released tonight, the US seasonally adjusted CPI annual rate at the end of October will be released. There is some wait-and-see sentiment in the current market. If tonight, the forecast is 2.6%, if the published value is less than or equal to 2.6, the risk is lifted, and BTC will go to a higher position. Let's talk about a few hot events in the current market: 1. The greed index 84 in March began to plummet from greed 90, so do a good job of risk management. 2. The big cake weekly K is on the bull flag, and the logic of isometric rise can see at least 10W+. 3. The market value of cryptocurrency has reached a new high, breaking through 3 trillion US dollars, and off-site funds have begun to come in, so the future is extremely optimistic, don't fight against the trend. 4. The asset size of the US spot Bitcoin ETF has reached two-thirds of that of gold. It took only more than ten years for big cake to catch up with the size of gold. In short, a short-term correction does not mean the end of the bull market. There is no sign of a peak yet. Keep a calm mind and be patient. After Bitcoin reaches a new high, there will be waves of trends. We are still in the first wave. There will be adjustments later and new highs will be reached again. The bull market process is not achieved overnight, but requires a platform-by-platform upward movement. $PNUT $AGLD $SOL #BTC何时破9万? #美国10月CPI数据即将公布 #PNUT走高
If the CPI rises by 0.2%, the core CPI may rise to 0.3%!
This is a critical moment! Once the data exceeds expectations, the risk of inflation rebound will increase greatly, and after Trump's election, Powell will never resign! This means that the Fed's policy may become more tightened, the market pressure is huge, and the market will definitely encounter a fierce impact!
The mysterious currency has great benefits and attracted attention. The trend of BTC and Doge has become the focus. Which coins are the whales hoarding? Where will Ethereum go after the conference? Can Ton rise? Let's talk about SUI
A cryptocurrency has a huge positive news. According to analysis, it can surge by another 60%, and it is coming soon! Which currencies can make money now? And can the recently popular Doge and X continue to rise? Now let's follow Xianxian to find out. First of all, what everyone is most concerned about is how high will Bitcoin and Dogecoin rise and when will they peak? Xianxian discussed this with many of his whale friends, and surprisingly, everyone’s views were surprisingly consistent. They believed that this wave of market conditions would continue until Trump took office on January 20, when all the positive factors would be exhausted and a sharp correction would occur.
In the cryptocurrency circle, you have to find a way to earn 1 million yuan of principal first, and there is only one way to earn 1 million yuan of principal from tens of thousands of yuan, that is rolling position +
Some points to note about rolling position: 1. Enough patience, the profit of rolling position is huge, as long as you can roll successfully a few times, you can earn at least tens of millions or hundreds of millions, so you can't roll easily, you have to find opportunities with high certainty; 2. Highly certain opportunities refer to sideways fluctuations after a sharp drop +, and then break upward. At this time, the probability of trending is very high. Find the point of trend reversal and get on the train at the beginning. 3. Only roll more; Risk of rolling position Let's talk about the rolling position strategy. Many people think this is risky. I can tell you that the risk is very low, much lower than the logic of opening futures orders you play. If you only have 50,000, how to start with 50,000, first of all, this 50,000 should be your profit, if you still lose, don't look at it. If you open a position at 10,000 Bitcoin, set the leverage to 10 times, use the position-by-position mode, and only open 10% of the position, that is, only open 5,000 yuan as a margin, which is actually equivalent to 1x leverage and 2 points stop loss. If you stop loss, you only lose 2%, only 2%? 1,000 yuan. How did those people who were liquidated* get liquidated? Even if you were liquidated, wouldn’t you only lose 5,000? How could you lose everything? If you are right, Bitcoin rises to 11,000, you continue to open 10% of the total funds, and set the same stop loss of 2%. If you stop loss, you still earn 8%. What about the risk? Isn’t it said that the risk is very high? And so on... If Bitcoin rises to 15,000, you have successfully added positions, this wave of 50% market, you should be able to earn about 200,000, and catch this wave of market twice, it will be about 1 million. There is no such thing as compound interest +. 100 times is earned by 2 times 10 times, 3 times 5 times, and 4 times 3 times, not by 10% or 20% compound interest every day and every month. That is nonsense. This content not only has operational logic, but also contains the core inner skills of trading, position management +. As long as you understand position management, you will never lose everything. How much are you going to earn in this bull market?
The magic order that has been laid out recently is about to start! !
How to understand perpetual contracts in the cryptocurrency world?
Some people will strongly advise against playing with contracts, while others say that contracts are the fastest way to accumulate original capital, so you can often see those who play spot calling those who play with contracts gambling, and those who play with contracts saying that those who play spot and shout orders are cutting leeks. Now let's take a brief look at what a contract is. A contract is also called a perpetual contract, which is similar to a futures contract but has no delivery date. You can go long or short. For example, if you predict that a certain currency will rise, you choose to go long. When its price rises, you can make a profit, and vice versa. Why do most people like to play contracts? There are two reasons. For example, many people say that they buy spot and wait for a bull market for one or two years. Let's say you really wait until the bull market comes and the currency you bought also increases several times. Will you be satisfied? Many small capital players will not. 10,000 times or tens of thousands of yuan, I believe that most friends do not come to the currency circle for several times the return. What's more, what if the bull market does not come? What if the currency you bought in the bull market does not increase much? This is one of the reasons why many people play contracts. Another point is that contracts can be long and short, which makes people feel a little fairer subconsciously because buying spot can only be long. The dealer has a lot of low-priced chips in his hands, which makes people feel that they will be cut sooner or later.
Is the altcoin bull market expected to come? Let's talk about the current market logic. The entire market revolves around BTC DOGE: BTC is accelerating because central banks and institutions are queuing up to buy it: the faster it accelerates, the more it can stimulate these institutions to buy, and the more it buys, the more it can stimulate the US government to introduce a bill to make Bitcoin a reserve currency. This is a positive spiral. As for DOGE, Musk's promotion of Trump's election directly fermented: not only mainstream funds bought, but also countless retail investors bought it crazily. At the same time, DOGE has the favorable expectation of access to X in the future. In the future, DOGE will continue to rise, and it will be a matter of time before it breaks through $1. The booster of the peak bull market has been ignited, and the increase in Bitcoin has been far ahead of the mainstream coins, but most investors in the market still have a large number of altcoins in their hands, and some of those who bought it at a high point are still in a loss. So at this stage, when the altcoin can explode is a question that everyone is very concerned about: Yesterday, the ai sector also exploded, with Wld Render and others leading the rise. The strong ones in the Defi sector are Ena Uni Aave. At present, there is not much capital overflowing to the altcoin level. The current rise is some strong coins. When the big cake rises again or goes sideways, there will be a wave of altcoins, but you must stop profit when you make money. If the ALT (altcoin) can still maintain a sharp rise, then the bull market will start, and the general rise will come. And I think ETH is the key. If ETH can't continue to rise, then ALT will be even more difficult. How much do you plan to make in this bull market! !
The recent layout of the magic order is about to start! !
After the big rise of Bitcoin, how to choose altcoins with potential?
In this round of bull market, except for Bitcoin and a few meme coins that have been advancing all the way, most altcoins have performed mediocrely, and even the second-ranked ETH is still 50% away from the high point of the previous round. According to the logic of the rotation of the crypto market sector, there are generally four stages: The first stage: Bitcoin leads the rise and sucks blood crazily. The second stage: Ethereum and strong competing public chains are linked, and Bitcoin is sideways. The third stage: projects with new narratives and projects with money and want to make things. The fourth stage: a group of demons dance in chaos and return to a mess. The increase in Bitcoin since November is obvious to all, so I will not repeat it. As for the predictions of institutions or media that Bitcoin will eventually rise to $100,000, $120,000 or even higher in this round of bull market, I think it is not so important. Because after Bitcoin broke through the ATH at the beginning of this year, it continued to break new highs this month, sending a firm signal to the market that a bull market is coming, which is the most important. Secondly, looking up from $90,000 as the base point, in terms of percentage, there is actually not much room. That’s why we have the topic we are going to discuss today - how to choose a potential altcoin. Regarding the selection of altcoins, I would like to first throw out two principles that I think are worth referring to: Buy strong, not weak; buy new, not old Let me explain briefly, the so-called "buy strong, not weak", how to judge strong and weak: two standards, one is to look at the exchange rate of a certain token to Bitcoin or Ethereum (horizontal comparison); the second is to buy the leader, not the second (vertical comparison) in the segmented track. Especially for the second point, don’t be afraid to buy because the leader has risen sharply, and turn around to choose the second and third brothers behind. The second and third brothers will definitely make up for the rise, but only make up for the rise. The so-called "buy new, not old" is relatively easy to understand. First of all, due to historical reasons, old coins will have locked-in positions in many positions, which is a very strong resistance in the process of price increases. Just look at the performance of LTC, BCH, and BSV in the last round of bull market. Therefore, when funds choose to pull the target, they will definitely not choose these bulky broken cars as the first choice. Do you want the main force to spend money to carry the sedan for retail investors? $BONK $SOL $SUI #DOGE看涨情绪飙升 #BTC何时破9万? #比特币搜索热度攀升
Bitcoin breaks through $89,000, Dogecoin surges by more than 20%, "Trump deal" is still working, what is the future trend of virtual currency?
Bitcoin is a standard IQ detector.
"The success or failure of financial assets ultimately depends on the performance of physical assets."
--Zwei Bodi + "Investment Science"
Is Bitcoin a physical asset or a financial asset?
Physical assets can create products and services for people to use. Obviously, Bitcoin does not have this function. Even gold, which is used for comparison, has some uses in industry and decoration.
Financial assets represent the ownership of corresponding physical assets and the right to claim the income generated. Then everyone compares Bitcoin with the sovereign credit of various countries. Behind the currencies of various countries is the sovereign credit of the country. Bitcoin can also be done in theory, but this creates another problem. The number of Bitcoins is capped.
One of the characteristics of the credit currencies currently used by various countries: theoretically, they can be issued unlimitedly. Why do we do this? Because humans first used physical currency, and physical currency caused deflation when accompanying the progress of human productivity.
Let's take the example of buying bread with gold coins. There is an upper limit on the number of gold coins. Originally, the whole society could produce 100 loaves of bread a day, but later, after productivity improvement, it became 1,000 loaves a day. How should the price of bread change? If the price of bread remains unchanged, where can we find extra gold coins? After all, there is only so much gold, and the increase is very small. If the price of bread decreases, deflation will occur, which is not conducive to stimulating productivity improvement. So in order to solve the problem, we finally embarked on the path of credit currency. Bitcoin is in this situation. It is very embarrassing. No major country is willing to use this thing as a serious currency. This is equivalent to financial suicide. As a physical asset, it has no use. As a financial asset, there is no corresponding physical or credit endorsement. Isn't it just air? Oh no, it's worse than air. After all, people can't live without air. Without Bitcoin, the lives of 99.9999% of people are basically not affected, except for those who hype and speculate on Bitcoin. $BONK $SOL $SUI #BTC何时破9万? #加密货币总市值破3万亿美元 #DOGE看涨情绪飙升
The market for altcoins has several characteristics:
1. Occasionally surges, attracting participants. 2. Long-term view always in a downtrend. 3. Occasionally rebounds for a few months, but it's old players trapping new ones. 4. No long-term holding value; buying on dips is just to sell on highs. 5. When major varieties rise to high positions, some risk capital may take a chance and run, leading to very short-term market movements. Advice for those participating in altcoin trading: For risk-averse individuals, absolutely avoid altcoins; for risk-seeking individuals, you can buy at low points and sell at high points, participating in the game of speculation, but be prepared for total loss. To avoid getting cut, one must realize that wealth does not come through urgency; cryptocurrency is inherently a speculative industry, so why participate in speculative altcoins within a speculative industry? As for Bitcoin's market, in the short term, bulls are repeatedly defeated by bears, and in local battles, bulls lose nine out of ten times! In the long term, bulls achieve victory without any suspense, as Bitcoin is an unstoppable trend demand and the cornerstone of blockchain! Do you prefer momentary pleasure or eternal longevity? It's up to you. Regardless, you will observe a phenomenon: those who make money in the market, especially those who make big money, will ultimately return to Bitcoin. In the future world, there will only be two types of people: those with Bitcoin and those without Bitcoin. $BONK $SOL $SUI #BTC连续破新高,你看到多少? #比特币搜索热度攀升 #牛回速归,晒晒你的持仓?
Bitcoin breaks through 89,000 USD, Dogecoin surges over 20%, the 'Trump trade' is still in effect, what does the future hold for virtual currencies?
I just answered a similar question yesterday, my personal view is that if Trump's perspective on the cost of dollar liquidity remains the same as during his first term, then Bitcoin should see a price of 100,000 to 130,000 USD each. Moreover, US capital is trying to compete with whales for Bitcoin pricing power through ETFs, if dollar liquidity really floods, and if they want to control US inflation, it may not be impossible for Bitcoin to skyrocket. So the question arises, is investing in Bitcoin and other virtual currencies guaranteed to be profitable? Not necessarily. First of all, the trading of virtual assets like Bitcoin is prohibited in our country, and from a regulatory and legal perspective, your rights are not protected, which poses a greater risk for ordinary investors. Secondly, assuming Bitcoin rises from 87,000 to 110,000 USD, what is the percentage increase? 26.4%. To be honest, 26.4% is even less than the A-shares after September 24. So the so-called big influencers of BTC generally recommend you to trade futures or contracts. These involve leverage, and leverage has no resistance against spike events. The bull market for Bitcoin is likely to be filled with spike events around 10,000 USD, which is the ultimate test for your leverage - especially during US time zones; you can’t just stay awake every day, right? Therefore, while there may be a bull market for Bitcoin, whether your contract, even if bought at 87,000, can avoid liquidation is another matter. After all, when I was denying the value theory of Bitcoin and other virtual currencies at over 60,000 USD, the people who opposed me have already changed to a new batch from those who criticized me for not understanding in previous years; this batch of retail investors in virtual currencies likely finished liquidating when it fell from 60,000 to over 20,000, even though I predicted the drop would likely go below 30,000 at that time, I believe they wouldn't have watched. $SOL $BONK $SUI #比特币搜索热度攀升 #加密货币总市值破3万亿美元 #DOGE看涨情绪飙升
In just 2 days, 10,000 points up, the crazy Bitcoin, can we still chase it?!
Recently, BTC surged dramatically, rising 10,000 points in just two days on November 11th and 12th, from 70,000 to 89,940. It took nearly 20,000 points only a week; such an increase last year might have taken several months. Although it rose from 70,000 to 90,000, about a 30% increase, most brothers still didn't make money—either they were out of the market, or they held a small position, or they had no BTC and were holding altcoins instead. Now that the coin price has reached around 90,000, whether to jump in has become the biggest question at hand. If we don't get into BTC, and it surges to 100,000, 120,000, or 150,000, wouldn't that mean completely missing out on this bull market? If we do jump in, will it be at a high point in the short term, meaning we could get stuck right after entering? I want to share my views on the current market situation, whether there will be a pullback, as our new students also have similar questions. I can understand the feelings of the brothers at home; it's frustrating for those outside who haven't made money. Most of our paying students are excited and amazed, feeling grateful for BTC's rise. You need to know that when you wake up every morning and open your account to see an increase of around four figures, how would you feel? Alright, next, let's analyze the situation in detail with a set of data. 1. The annualized USDT lending rate: By checking the USDT lending rate on the exchange, we can see that the annualized interest rate has now reached 43%. If this rate can sustain, then simply converting RMB to USDT allows for a risk-free wait for a 43% annualized return; why bother trading other coins? This annualized rate usually averages around 9%, and now it has reached 43%, indicating that there are many leveraged long positions in the market, causing the USDT available for investment on exchanges to be less than what is needed for leveraged borrowing, which in turn has led to a spike in interest rates. Therefore, the market needs to liquidate a batch of leveraged positions before the next wave of increase can begin. 2. The RSI on the daily line has reached 94, which is close to the maximum value of 100, indicating that the market has experienced severe overbuying. Historically, during 90% of the time, when the coin price hits this level, a pullback usually follows. 3. The Fear and Greed Index and the funding rates for contracts have also surged, with the greed-fear index reaching 80% during this surge.
Bitcoin becomes the eighth largest asset globally, Tesla's revenue nearly $4 billion, related ETFs attracted $24.6 billion in four days, what is the recent logic behind Bitcoin's drastic fluctuations?
First, the conclusion: Trump is back, actions speak louder than words, the cryptocurrency market is surging, as shown in the picture. When Trump was elected president, he has always supported Bitcoin and previously claimed to make Bitcoin part of the U.S. national reserve asset. How could it not rise? 1. Political factors: Trump successfully elected as the U.S. president Trump successfully campaigned for the U.S. presidency, and he has always supported Bitcoin. He even went to the Bitcoin conference to give a speech, declaring to use Bitcoin as a national strategic reserve. Looking back, here are the ten new policies for cryptocurrency promised by Trump: 1. Make America the world’s cryptocurrency capital; 2. Fire SEC Chairman Gensler; 3. Establish a strategic Bitcoin reserve; 4. Prevent the U.S. from selling its held Bitcoin; 5. Stop the U.S. government from further developing CBDC; 6. Propose comprehensive cryptocurrency policies; 7. Stop the crackdown on cryptocurrencies within one hour of taking office; 8. End the illegal suppression of the cryptocurrency industry in the U.S.; 9. Suggest using cryptocurrency to solve the U.S. debt problem; 10. Reduce the prison term of Silk Road founder Ross Ulbricht.
After this election win, the market widely believes that cryptocurrency will usher in spring. 2. Market factors: Musk joins As the Dogecoin master, Musk played an immeasurable role in this U.S. election. On September 5, Trump publicly stated that if he wins the election, he will adopt Musk's suggestion to formally establish the “Department of Government Efficiency” (DOGE) led by Musk. This committee will be responsible for conducting a “comprehensive financial and performance audit of the entire federal government.” Isn't it magical? That's right, the abbreviation of this committee is also DOGE. 3. Market factors: Federal Reserve cuts interest rates On November 7, the Federal Reserve announced a 25 basis point interest rate cut. In September, the Federal Reserve cut interest rates, aligning with the Democrats, and announced the cut after Harris's failure, making a dignified exit.
Bitcoin breaks through $89,000, Dogecoin surges over 20%, the 'Trump trade' is still in play, what is the future trend of virtual currencies?
This is a Ponzi scheme, passing the parcel, air, and the trap of the American empire harvesting the world. Those making money are all scammers trying to trick you, in fact, they have lost their underwear. It's advised not to buy. I'm not joking, I really want to complain about the conspiracy theorists. The market value of Bitcoin is only about 2 trillion US dollars, barely ranking fifth among US stocks. Many addresses have been permanently lost and frozen. Compared to the global currency scale, it's just a drop in the ocean. This is a type of emerging tech asset, currently still an alt asset. The tokens held by the US government are clearly only 1%, and there might be more hidden, but not much more. If Satoshi Nakamoto were still alive, he might not even think this can serve as a currency because the transaction fees are too high. He might support the BCH route. You guys are still talking about currency narratives, could it be that you are the true Satoshi Nakamoto fundamentalists? If the US government really wants to operate it as a currency, the scale would have to increase at least 20 times, and it should at least exceed the scale of government debt, right? So why don't you hurry up and buy? The hype around cryptocurrency only dares to boast about a million dollars each, bro, are you really trying to replace the US dollar with Bitcoin? Moreover, exceeding isn't useful, the majority is not in their hands. The Bitcoin held by the US government is even less than what Sun Yuchen and Li Xiaolai have. Initially, the penalties from PlusToken and the Fuzhou mine were much more than his. Did he help you carry the sedan chair after drinking too much? The US government supports crypto, if you want to operate a conspiracy, it should be something new, like the Doge backed by Elon, or the SOL operated by the Jewish gang. Together, these two have a market value of over $100 billion, can help Evergrande pay back half. SOL even has a Shanghai stock. Seeing you guys talk nonsense is really too humorous, where are you even going with this, it's completely unrelated.
Bitcoin aims for $100,000! With the bull market arriving, how will the market move? When will altcoins be able to rise together?
BTC surged to $90,000 today. Ten days ago, many people thought Bitcoin would rise to $70,000 in the short term or touch the previous high of $73,000. When Bitcoin broke through $75,000, I thought there was a high probability it would force a short squeeze and may touch $80,000 before starting to consolidate. However, no one expected Bitcoin to rise from $68,000 to $90,000 in just one week. From a technical perspective, looking at Bitcoin on the daily chart, there have been two consecutive days of increased volume; this position is difficult to drop directly. At most, it may consolidate sideways. However, regardless of how it consolidates, it's hard for the bears to make significant profits. According to the habits of the market manipulators, as long as there is a short squeeze and a top appears during the day, it’s highly likely that this top is a false top, and there will be a second breakthrough. The long-awaited main rally has finally arrived! The eight-month consolidation phase has finally ended. Although the process was painful, I am grateful to myself for believing throughout that this channel was a continuation of the upward trend, a bull flag, rather than a distribution top. It's like waiting in the dark for the dawn to arrive, not knowing when it will come, but there is no doubt that dawn will come; it’s just that I didn’t expect it to come so quickly!
So how will it move next? 1. Continuation of the major rally. 2. The process of the major rally peaking. Currently, market sentiment is quite contradictory. Bitcoin holders and meme coins are continuously surging, with positive sentiment, while altcoin gains have been underwhelming. Most are worried that after a Bitcoin correction, altcoins will also drop. With Bitcoin at such a high level, a correction could happen at any time, and it's completely unpredictable how altcoins will react. I lean towards the belief that if Bitcoin can stabilize between $70,000 and $80,000, the altcoin bull market will come. Now that it’s close to $90,000, it’s hard to say. One trend this round is that a lot of money has flowed into the meme sector, and it hasn't reached the point of major liquidity infusion. Ultimately, a widespread rally requires sufficient off-exchange liquidity; right now, off-exchange liquidity only recognizes Bitcoin, and on-exchange liquidity only recognizes Solana and memes.
How much do you plan to earn in this bull market?
The recently laid out god-tier trades are about to launch!!
1. In most cases, Bitcoin is the leader of the cryptocurrency market fluctuations. Strong altcoins like Ethereum may sometimes decouple from Bitcoin's influence and show a unilateral trend, while altcoins generally cannot escape its impact; 2. Bitcoin and USDT+ move in reverse directions. If USDT rises, be cautious as Bitcoin may fall; when Bitcoin is rising, it's a good time to buy USDT; 3. Between 0:00 and 1:00 AM, there's a tendency for price spikes, so domestic cryptocurrency enthusiasts can try to set a low buy price for their desired coins and a high sell price before going to sleep. You might just make a profit while resting; 4. From 6:00 to 8:00 AM is a good time to determine whether to buy or sell, and also to assess the day's potential rise or fall. If the price has been falling from 0:00 to 6:00 AM and continues to fall during this period, it is a buying opportunity, and the price is likely to rise for the day. Conversely, if it has been rising, it is a selling opportunity, and the price is likely to fall; 5. 5:00 PM is an important time to watch due to rumors in the market. With the time difference, American cryptocurrency enthusiasts will be getting up and working, which may cause fluctuations in coin prices. Significant price movements have indeed occurred at this time, so remain vigilant; 6. There is a saying in the cryptocurrency world about 'Black Friday+' where there have been a few instances of notable drops on Fridays, but there have also been significant rises or sideways movements. It's not particularly reliable, so just keep an eye on the news; 7. If a coin with a certain trading volume decreases in price, there's no need to worry. Patience will ensure that you recoup your investment, whether it takes 3-4 days or up to a month. If you have extra USDT, gradually buy more to lower the average price, and you'll recover faster. If you don't have extra funds, just wait; you won't be disappointed unless you really bought a worthless coin; 8. Holding the same coin for the long term with fewer transactions yields greater returns than frequent trading; it depends on your patience. I bought Dogecoin at 0.029 and have held it to now, which has increased over 20 times; it has the highest gain among all my coins (though I bought too few at the time, only 1,000, and I plan to hold it until the end of the year) $BTC $BONK $SOL #DOGE看涨情绪飙升 #BTC何时破9万? #BTC连续破新高,你看到多少?
How to earn 100,000 from 1,600 in the crypto world?
Now you have two options. First, while altcoins are not in chaos, you can stealthily invest in an ecological coin, like a 'meme coin'; this is purely based on luck. Then, open a low-leverage position. When we reach the bull market's tail phase, you will experience the charm of altcoins. Second, continue to wait; it might be two months or three months. Once the market peaks, look for an average altcoin to short, with low leverage. A strong altcoin might spike just before its downfall, so shorting is not advised. You can revisit these two suggestions after some time to see if they are correct. $SOL $XRP $ADA #BTC连续破新高,你看到多少? #牛回速归,晒晒你的持仓?