In the past few days, the market has declined and many people have been broken through their defenses. Here are my personal thoughts on building my psychological defenses. 1. I believe history always repeats itself. 2. I believe in a bull market where all coins rise together; the fact that altcoins haven't risen yet only indicates that this bull market is actually slower than most people think. We have to wait for Bitcoin to finish rising before it’s the altcoins' turn. 3. I believe that long-term holders can achieve great results. 4. I believe that the more dire the market is now, the stronger it will be in the future. 5. I believe the market is all noise trying to influence me. 5. I believe in my own judgment.
Wall Street trading is indeed fierce, I have learned quite a bit from this market shift, and I still need to maintain a positive outlook on the market; don't even think about throwing me off the train.
These days are a key turning point upward, worth observing and learning about the overall market's detailed changes, such as how the energy during the end of the consolidation expresses itself, which helps improve technical skills.
Today the zoo has returned to the tenth floor, the big groups have not yet started to exert their strength, this is the power brought by confidence. Sometimes it's not that the strength is insufficient, but that you don't believe in the power of belief. #kheowzoo
This bottom-fishing was very successful. I still believe this is just a pullback in the right-side upward trend, looking forward to new highs afterwards. #BTC☀
Additionally, the mid-cycle adjustment of the bull market has ended. This time, the surge was too strong, and many funds in the market were overly leveraged, leading to a death spiral in the contract market. It just so happened that everything was cleared out, allowing us to pick up some bodies and continue to welcome the next round of charge. Today, I found some funds to continue bottom-fishing. Note that this is a right-side pullback buy, not a left-side buy while the market keeps falling. This core idea must not be misunderstood. #BTC☀ #ordi
The zoo has reached a new high. The foundation built by the zoo itself has not reached the bottleneck period at all. It’s just that the early PVP big players dumped the market and ran away in the past two days. Our foundation is very strong and we have not reached the bottleneck. This is how it works! #kheowzoo
The market is like a spring. The lower you compress it, the stronger the force it will bounce back. The spring will always bounce back, but you have to make sure you stay on the spring. Not opening a contract is the greatest awe and respect for the bull market. Since entering the bull market, I have quit all contracts, which is a bit boring. I will start again in the bear market.
It will take a long time for altcoins to complete their market trend. Mainstream coins will not change until most altcoins return to their previous highs.
We need to pay closer attention to the market in the next few days, as a big one is coming. It is estimated that Ethereum will not change much here, and the focus should still be on Sol, followed by BTC, and then altcoins.
Ethereum contract open interest hit a new high this Saturday and Sunday. A big one is coming. It was just average before, but it will be huge next time.