Even if BTC is at 85k, Alt can't be divided in half. I'm leaving, Alt is at rock bottom :)))
LIVE
Lucifer-BB
--
Hello everyone,
Currently, the chart $BTC is quite bad and not as good as before anymore.
The D1 frame has started to break and is showing signs of breaking through 93k (Not yet, just showing signs)
However, there are some data that are quite interesting, it may completely go against what you see.
According to you, how will $ETH and altcoin move?
1. $BTC hits 85k, Altcoin splits 2, splits 3 depending on the coin. ETH hits back to the 2k1 area. Alseason after that.
2. BTC hits 85k, ETH & Altcoin sideways, Alseason after that.
3. BTC hits 85k, ETH & Altcoin rise, altseason coming.
4. BTC, ETH & Altcoin all rise Altseason coming.
P/S: This position is very hard to play for leverage, for Spot I think it’s simply about gradually entering positions and watching movies.
Never go all in with everything you have. The likelihood of BTC testing back to 85k has increased quite a bit. Therefore, the chance of Altcoin being split 2, split 3 is possible.
*** For those who have entered positions: I think staying still is the best and most effective way for you.
*** For holders: Let MM do their thing.
*** For traders: If MM likes it, it loves it, looking for liquidity is normal.
Q1 is MM's favorite quarter, liquidity is very good. If I were MM, I wouldn't let go of Q1 for a long time. If I let go, I would let go of all Q1, 2, 3. If so, see you in 8/2025.
altcoin season from here until the end of March. very strong, alt will divide by 3 or 4 but still x3 x4 from this price. after that, the altcoin season will continue until the end of December 2025 then downtrend
LIVE
Lucifer-BB
--
Hello everyone,
$ETH was pushed down to 31xx earlier than I expected, and there should have been a rebound before the strong drop yesterday.
With the immediate drop and then a rebound, it seems like $ETH and $BTC have moved differently.
So what do you think will happen next in the market?
1. BTC will move sideways slowly, altcoins will gradually lose momentum as dominance stays sideways at this position until the end of January 2025. After that, an altseason will occur in February and March 2025.
2. BTC will drop sharply, shocking all altcoins, resetting the game. Dominance at 62%. Target for altseason by the end of July 2025.
3. BTC will rise slowly, altcoins will gain dominance over BTC, and altseason will happen right here, ending the game in February 2025.
4. Other options (Remember to mention your option as well)
Which option will you choose?
P/S: MM told me it's very urgent already. 😌😌😌 #BULL-RUN #BullistMarket #AltSeasonComing #AltSeasonOnTheWay #AltseasonGains
REZ Incident (Renzo): Unauthorized Token Unlock and Valuable Lessons
The cryptocurrency market has just experienced a shock with the event of the REZ (Renzo) coin being delisted by Binance due to the development team's unauthorized token unlock, causing severe losses for investors. This action not only destroyed the value of the coin but also left many people with nothing, while shaking trust in the cryptocurrency market.
Causes • Lack of transparency from the development team: The unlock action was not disclosed, leading to a sharp decline in the coin's value. • Legal loopholes: Cryptocurrencies are not tightly regulated, creating opportunities for fraudulent activities. • Investors lacking vigilance: Many invested based on promises of high returns while ignoring potential risks.
Consequences • Investors lost all their assets. • Binance faced pressure on its reputation when the fraudulent project was listed. • Increased skepticism about cryptocurrencies, leading to the risk of tighter regulation.
Lessons • Developers: Need to be transparent and responsible to the community. • Investors: Research thoroughly before investing, avoiding being swept away by high profits. • Exchanges: Raise listing standards and monitor projects more closely. • Regulatory agencies: Build a legal framework to protect investors.
Conclusion
The REZ (Renzo) incident is a costly lesson for all parties in the cryptocurrency market. Transparency, responsibility, and knowledge are key to avoiding similar losses while working towards sustainable development for the blockchain industry.
drop the last item to gain momentum for the pump when trump took office. what's the fuss about? relax and enjoy christmas, spot.
LIVE
Lucifer-BB
--
I overslept, so I couldn’t follow the chart 🥶🥶🥶
Woke up at 5:30 AM and saw the result :)) Seeing how Dom is retracting his beard like that, I can already smell something.
This one has played a few times this year. Now that it has reached its peak and is coming down, that’s okay, but if it breaks further, we’ll be waiting until August 2025 🤣🤣🤣
In the past 24 hours, 236,083 traders have been liquidated, with a total liquidation amount of $671.13 million.
The largest single liquidation order occurred on Binance - ETHUSD_PERP valued at $4.07 million.
Usually, when the team’s blood is spilled, it’s gradually manageable. 😚😚😚
And my blood will spill too after the team’s blood spills, then running away is fine 😌
Just keep watching the dom sideways here, that’s okay, just don’t go up anymore.
MM is taking advantage of the news to sweep, if I had stayed up last night, I would have probably run temporarily. They mostly sweep at night, damn it 🥵
This one $ETH still targets 3.5k-3.7k. If it breaks 3.5k, it’s a bit tense.
Btc.D is moving very uncomfortably, I am monitoring closely.
Currently, it is very close to the position I am monitoring in the post below and there are no real signs of a turnaround.
I will continue to observe and will exit all positions I have entered in the previous sweep if btc.D tends to break up through the position I am monitoring on the h4 and h12 charts.
Anyway, this position is being heavily manipulated, it's extremely hard to digest.
[This data changes continuously, so it may be correct today but wrong tomorrow, so for now, I won't post anything, please read the warning in the post below first]
I will monitor the data for another 1-2 days before making a decision. But I will briefly mention it in the post below for everyone to be cautious in advance.
1. Be prepared for the possibility of a dip so that you still have USDT to buy.
2. And have stock when it rises.
P/S: Warning is in the post below. Because the data looks too good
just eat first and then think. come down and help out, 20k usdt is waiting :)))
LIVE
Lucifer-BB
--
Hello everyone,
Today I have some free time to check all the market data. Today's data is really beautiful, everyone is almost in shock 😵💫😵💫😵💫
The reason we are going up is simply because of greed 🥶🥶🥶🥶
And the Market Maker (MM) doesn't like it that way, so it's natural for them to clear things out.
There are 2 reasons why timing is wrong as follows:
1. The market is indeed too FOMO at the time of 1.2T when the total just touched 3.
=> However, altcoins are still at a very low position; the clearing will cause the bottom to break and not enough shock to kill margin x3.
So the MM has to wait and not clear right away for that reason.
2. USDT borrowing has risen to over 34%, the borrowing amount is too large => Must clear it out to eat more.
3. You guys are not willing to let go of some of your holdings.
=> After eating, you should let go a bit, being too greedy is not liked by the MM. They will send you on a roller coaster ride.
Whether right or wrong in this market doesn't matter much; what matters is whether you lose or make money.
I’m posting this to self-document and gain experience for the future. Feel free to criticize, if you're ignorant, just accept it 🤡🤡🤡
P/S: There will be a bounce today or tomorrow, but there might be a retest and further clearing in the coming days. Remember to be careful.
The batch of altcoins will bounce a little or a lot depending on the coin, but most will retest the bottom from before one more time (may go below the bottom). Any altcoins that are in wave 3 entering wave 4 will correct a bit, so be careful.
***Next time, I will cash out according to the plan, instead of being too greedy. ☺️☺️☺️
don't scare the monkey at the beginning of the week. by the weekend, it will be green again, erecting the pole :)))
LIVE
Lucifer-BB
--
[Update wave $ETH and Altcoin on December 11-12, 2024]
Hello everyone,
The sweep yesterday and this morning has caused me to lose 30% of profit. Fortunately, I cashed out my capital and half of the profit, so the loss is significant but does not affect the initial capital.
=>>> This is the first prerequisite I set in investing.
Currently, I don't know whether accidentally or intentionally, it is going slowly like in March 2024
=>>> I will continue to run towards $BTC if there is any change in the next 3-4 days. If the W candle breaks, it breaks for good.
This position is very difficult to play, so I will not put in the old capital and the profit that has been cashed out but will only play with the remaining part. And I will not get into altcoin, only into strong topcoins.
Regarding the current running wave, I have some information to share as follows:
1. For most Altcoins, the D1 chart has all broken and is entering a correction, the target is back to the new resistance of the old peak from March. However, it will reverse up again if it corrects, everyone.
2. For topcoins, they have completed the first wave and corrected. They will retest the bottom + some traps and continue to run. Just a few topcoins.
3. For $ETH , it is a slow mover, so it will be very strong among the altcoins - so anyone holding should stay calm and watch how the market maker operates.
4. Need to eliminate margin and future in this wave (It’s sweeping quite shockingly, so don’t do anything irrational)
5. The BTC.D weekly chart doesn’t have any major issues, so I won’t run until the end of this week.
In this wave, I accept to lose a little more because it is in a sensitive position, worth a slight trade-off.
P/S: Feeling like being slow-rugged just like March 2024 is coming back. Please market maker, don’t trap me anymore, I’m really suffering🥶🥶🥶🥶
I have mainly been checking the data since this morning and haven't made many moves.
I am just observing this position; most of my orders are contrarian to see the reaction.
Here are a few things you need to pay attention to:
1. For those holding $ETH
Don't panic sell, I see that ETH still doesn't have many major issues.
2. For those holders: If you want to achieve x10, x100 but can't stand dividing by 2 or 3, you should take profits and rest 😄😄😄
3. For those traders like me, day trading is fine, but entering now is very easy to get wiped out. So observation is key.
Many Altcoins haven't finished their wave 3 correction yet 🤣🤣🤣 MM is in a hurry.
I will continue to observe $ETH on this candlestick; all charts have broken except for ETH and BTC (That's why I called you in $BTC and ETH earlier)
Stay calm, don't panic, don't sell off. Anyone in futures should handle it themselves, this futures segment is very hard to play right now.
P/S: The chart has broken, however, the W chart needs to close to know if it's stable or not. So I will monitor BTC.D to see where it will retest and turn around. It is expected that BTC.D will swing in a large frame (waiting for data)
When the entire market is very hyped about BTC reaching the milestone of 100K right in December, I have a thought that the price will only be in the range of 94k to 99k. The levels of 99k and 100k will not be as impactful as when it was running from the 80K range and reaching ATH at each milestone.
I am very bullish, but I think BTC needs a solid area for new investors or those transitioning from traditional investments to have a point to place safer bets.
In the long term, BTC is still King. And a King will always lead.