The market has plummeted. Aside from reminding everyone of the risks and issuing a warning, all we can do is quickly provide some more ammunition.
Regardless, this rebate is still worth pursuing; it adds to gains in an uptrend and offers support in a downtrend.
Below are some rebate situations, selecting larger amounts. There was a small incident where someone transferred more but proactively returned it to me, so I’ve always felt that people in the crypto space are quite friendly.
For those who need to register, please use my invitation code: 10335275.
For more details, you can check the articles on my homepage: 《交易手续费有多夸张》

December 21, 2024

Yesterday, everyone experienced the first plunge since this round of bull market. Unlike the declines on the 6th and 10th, yesterday's decline time and magnitude reached the psychological limit of investors, and ETH's maximum decline in more than a day was close to 20%. Combined with the collapse of the cottage, it is obvious that a large number of panic orders were killed.

Yesterday, I also reminded on 币安专属聊天群 that there is no need to sell coins when the market falls so much, and the emergence of such panic chips is also a signal of the market's staged lows. Those who reduce their positions at high levels can buy the bottom in batches. Yesterday, many people left messages to thank me, saying that they avoided this big drop based on my risk warnings. In fact, I think they should applaud their brave reduction of positions.

Price fluctuations always give us the most direct emotional response. Restraining greed and selling, and enduring fear and buying at low levels are both anti-human things. I think that for most people, being able to leave the market in batches when the market is crazy and buying the bottom one after another when the market is panicking can exceed 90% of people.

How will the market go next? First of all, the stage bottom is basically formed. At present, it is rebounding from oversold. I think the price of Bread will go above 100,000 and continue to pull up the market. Then, in the next few days, it will go down and bottom out again at a low level. This is a regular trend, so those who buy the bottom can reduce their positions first, and those who don't buy the bottom can also reduce their positions gradually. Of course, the bull market is still there, and the second bottom is just based on experience. If it does not appear, the current reduction of positions should be prepared for long-term profit-taking.

Thank you for your attention and likes.

December 18, 2024

Tonight, the Federal Reserve will hold a meeting on interest rates. The market currently expects that the rate will continue to fall by 25 basis points. If the market continues to move in accordance with expectations, there will not be much volatility. The possibility of another 50 basis point decline is very small. In fact, for the macroeconomic situation, when the US dollar interest rate is the highest, it is the most difficult time for the market. Obviously, this period of time has passed. It is expected that there will be three more interest rate cuts next year. As the pace of interest rate cuts accelerates, more US dollars will emerge in the market.

This wave of big cake rise has obviously benefited from increased liquidity and boosted investor confidence, and ETFs have opened the inflow of US stock funds, which has led to the $100,000 in big cakes. However, it is worth noting that the recent ETFs are still in a state of net inflow, but the prices of big cakes and Ethereum have shown a stagflationary trend, especially the pressure of Ethereum at 4,000 points, which is actually far less than that of 4,800 points.

This has to be said that the right to speak for big cakes has not actually been mastered by Wall Street capital. I think it is still in the hands of the mining circle and the ancient whales, especially when it is really time to smash the market, it can be done. In addition, judging from the trend of cottage stocks, it is indeed obvious that they need to take a break. The main players who pull the market seem not to want to continue playing with the big cakes, but are selling at high prices. The recent decline is the best proof.

In terms of the market, at present, at this position, I think there is a trend of "half-time break" in the long term, that is, the two festivals have to pass, but the bull market has not ended, but continued after the rest, which is also in line with the cycle rhythm of the most fomo next year. In the medium term, the entire market has a relatively obvious signal of shipment, including some big investors around me, who have basically completed the cleaning of high positions. Therefore, in the past two weeks, I have also strongly advised everyone to reduce their positions in batches. So far, if the positions have been reduced by more, you can buy back when the market falls recently and do some swings, but the principle is that the total position cannot be more than before, or just keep U patiently and wait for the market to fall irrationally.

Thank you for your attention and likes. 点击加入币安专属聊天群.

Do you want to improve your trading success rate?

Do you want to make money without doing anything?

Do you want to maximize the use of this wave of AI technology?

That's right, let's take a look at the core functional product developed by Bella Protocol - Bella AI signal robot. This is an AI-driven trading tool that can improve the efficiency and accessibility of transactions.

The development of the cryptocurrency circle is so fast that when we manage various tokens, we often make mistakes due to confusion, especially when we do subjective transactions. Because there is no data support, we are often influenced by emotions. In order to help the majority of traders form their own trading system and simplify the DeFi experience, Bella Protocol combines the most advanced artificial intelligence technology with decentralized finance to develop the Bella Ai signal robot for cryptocurrency traders.

The robot can continuously monitor market data, further organize and analyze these data, and generate "long" and "short" signals for selected tokens based on different AI information models.

In other words, Bella Protocol assists us in buying and selling operations by collecting data, analyzing data (through data models), and drawing conclusions. At the same time, I think we can also selectively perform high-frequency operations and develop our own trading strategies by testing the winning rate of the AI ​​model.

Of course, Bella has already thought of this. Bella Signal Bot integrates a stop-loss protection mechanism based on buy and sell signals, so that we can sleep peacefully while running strategies, as the saying goes, "making money while lying down."

Since its launch, Bella AI's signal robot has been widely welcomed by the crypto community. After all, real-time market data analysis is not something that everyone can do, and the market demand for this is huge. This time, Bella AI signal robot, iterated on the basis of version 1.0, uses AI algorithms to warn of long and short signals, reduces trading risks, and further improves trading winning rates, which will help everyone take a big step forward in the professional trading path.

Since the release of GPT, there has been a wave of AI fever in the technology circle, but in fact, it is rare to see the combination of AI with blockchain technology and cryptocurrency. Until recently, the concept of Ai agent was mentioned, but in fact, the earliest AI application is Bella AI.

Thanks $BEL for the support. #BellaAI信号机器人2.0即将发布

December 16, 2024

Bitcoin has once again broken through, approaching 105,000 points, surpassing the resistance range by almost 5 points. This is undoubtedly good news for the market, and as long as Bitcoin holds steady or continues to reach new highs, other coins will likely catch up. However, even if Bitcoin reaches new highs, I think many people may not feel excited; in fact, they might even be unhappy, not only because they do not hold Bitcoin, but more importantly, the altcoins have actually declined today.

Bitcoin has always been the barometer of the market. This time, Bitcoin's rally is a critical position in crossing the 100,000 integer mark, which indicates that the main force is genuinely pushing up recently. Therefore, I immediately bought back some of the funds I had reduced at a relatively low price, in order to take a chance on the upcoming short to medium-term rebound, including ETH. As long as Bitcoin does not fall back to 100,000, reaching new highs is ultimately just a matter of time.

However, the abnormalities in the market, as everyone has likely noticed, are significant. Bitcoin's draining trend is indeed a noteworthy signal. Generally speaking, retail investors are unlikely to sell altcoins to chase Bitcoin; even if the main forces of Bitcoin and other coins differ, it usually results in sideways trading. In this situation, it is possible that the main forces of mainstream coins and altcoins are taking the opportunity to offload in the form of Bitcoin.

Of course, this is just a speculation. Regardless, Bitcoin remains the barometer of the cryptocurrency market, even if other coins appear slightly weaker in the short term. It is also worth mentioning that Ethereum is still blocked by the pressure at 4,000 points, which serves as the barometer for altcoins. In the upcoming market, I believe it’s still preferable to wait for Bitcoin to stabilize or continue to rise, thereby lifting Ethereum and the overall market.

Thank you for your attention and likes.

BTC has reached a new high, and the next round is a general rise in the market!

December 15, 2024

In the past two days, a chain called HypeLiquid has become popular. In fact, this is a protocol that started with derivatives trading, and it has recently attracted tens of billions of funds due to speculation on 'earth dogs'. Since it can only be cross-chained to HypeLiquid through Arbitrum, we have seen that the USDC assets on the ARB chain of Binance and OK have temporarily suspended withdrawals. It must be said that trading is still the most typical business model, and the success of HypeLiquid has been hailed as the on-chain FTX.

Of course, I am not recommending to buy their platform token. In fact, I recommended this protocol a long time ago, suggesting everyone to move some contract trading over. I personally traded some and received an airdrop of 1500 tokens, which, at the current price, exceeds 30,000 USDT, but I sold at $10. The reason is naturally that I believe the valuation is too high; currently, HYPE's FDV exceeds that of UNI. However, market sentiment is such that once it gets crazy, the price ceiling can also be broken.

In fact, a bull market is really just a process of selling high. Some might say, why not take more of this free airdrop, but they do not realize that HYPY opened at $3-4, and getting to $10 required a reasonable judgment on valuation to hold. To elaborate, when our other tokens go up, we can also make a reasonable assessment based on market capitalization. Do not just look at the price and hesitate to sell, because decimals can be zeroed out, and integers can also be added to, there is no upper limit on unit price.

In terms of market conditions, Bitcoin is still above 100,000, and maintaining this trend is undoubtedly a good signal. In fact, in this round of market conditions, we can see that Bitcoin's market trend is different from that of other tokens. However, the overall market trend in the crypto space still depends on Bitcoin's movements, so whoever is driving the price up is good news. But looking at the trends of ETH and others, we can also see that the upcoming market will continue to experience small fluctuations in a range, and we will have to wait for a new direction.

Thank you for your attention and likes.

December 14, 2024

Happy weekend! The market is relatively calm. Although Bitcoin has once again broken through 100,000, the fee data remains low, indicating that the market's following sentiment has not yet risen. The main reason is still the crash on the 10th, where 1.7 billion in liquidations made the short-term FOMO bulls more cautious. I still believe that the focus will be on market recovery. If we can smoothly pass through Christmas, the market will likely be led by Bitcoin to drive the overall market after the holiday.

The first significant pullback in this bull market, the duration of the adjustment is still unknown. I believe it may evolve into a halftime break, meaning a sideways adjustment lasting 1-3 months. Of course, this judgment may also be inaccurate, as the strong sectors have not yet reached the selling phase, such as the DeFi sector and strong mainstream assets like CRV and BLUR, which again made it to the gainers' list today. It is clear that the main capital is still driving the market. However, the market sentiment has not been stimulated.

Additionally, it is worth noting that the recent AI concept has begun to develop towards commercial applications, which is different from AI memes that are just cultural symbols or community consensus. The application of AI can generate real commercial value. Currently, this sector is still in the initial construction phase, but there can be many projects around AI. The application layer is one thing, and there are many projects related to data and AI infrastructure. More importantly, this can directly integrate with internet AI projects. Therefore, if developed well, it may represent another territory for the commercial application of blockchain technology.

As for the market, it would be wise to reduce positions at the 100,000 level and then observe the situation for further trading. The specific amount varies from person to person, but the core idea is to reduce positions. Even if Bitcoin's price breaks through 100,000 again significantly after a smooth Christmas, some may think I am being too conservative. However, the mindset of reducing positions during a bull market is important; one must always believe that there is no eternal bull market. Not taking profits in a bull market will result in holding high-priced chips. Selling may also be a form of wisdom.

Thank you for your attention and likes. 点击加入专属聊天群.

December 13, 2024

As expected, the market price fell from 100,000, but then it continued to recover. It can only be said that the probability of this position continuing to fluctuate repeatedly is still very high. It is worth mentioning that when Bitcoin returns to 100,000, the price of the cottage is still basically 80%-90% off the high point. A few strong coins are trying new highs, but from the perspective of funds, the main force of the cottage seems hesitant. For us, the next is a period of market that can be operated in waves.

In fact, there are various good news about BTC now, including BlackRock's BTC spot ETF, which exceeds the scale of gold, which is definitely a milestone for Bitcoin. But for the market, it may not be the case. When good news is flooded, it also means that funds are fully priced in. Once the pace of funds entering the market slows down, the price will also adjust. Therefore, in the general direction, when various big names predict the price of BTC to 1 million US dollars, it is worth our vigilance.

In the short term, it is mainly the impact of Christmas. Due to the consensus of the market, this major Western holiday has always caused capital outflows, and reflexivity will at least cause the market to fall into a relatively stagnant state. Including looking at the operations of some project parties, the announcement of major events is also put in January. In any case, we can follow the defense. Even if there is no decline around Christmas, the probability of a big rise is relatively small.

In terms of sectors, DeFi is still relatively strong, including ETH, which quickly came to around 3900, which means that the funds of the Ethereum system have not withdrawn. If the expected Christmas market does appear next, leading to a slight decline, especially if there are three bottoming outs at the daily level (BTC 90,000, ETH 3500), it is still a good time for us to enter the market again.

Thank you for your attention and likes.

December 12, 2024

Today, Alipay launched an advertisement for a digital currency fund, once again illustrating the "true fragrance" law. It is speculated that this fund is from Hong Kong, and as long as it is legally permissible, I wonder how many fund companies are thinking about making money from this. The reason Wall Street strongly promotes ETFs is that the market capitalization of Bitcoin is already large enough, and the annual management fees and transaction fees from ETFs can bring in a significant income for fund companies. Watching Binance and Coinbase's transaction fees accumulate daily is quite enviable.

Speaking of Coinbase, the daily trading volume has set a historical record. This is an inevitable development in the cryptocurrency space, but it also serves as a signal of a relatively high point in the bull market. Trading volume is a direct reflection of investor sentiment; for instance, before the 10-day plunge, DOGE's trading volume exceeded that of BTC, which is a sign of market frenzy. From this perspective, we are definitely at a relatively high point in the current bull market. Looking at the long term, most coins will have the opportunity to be bought back in the future.

Of course, in a bull market, there is no definitive peak. The main reason is that market sentiment is very difficult to control. There have been instances where a certain domestic altcoin's main player sold off, yet retail investors continued to push it up tenfold. However, we must be clear that a bull market is suitable for selling and short holding, not for discussing too much faith and value investing, especially with some newly launched altcoins, as the main players create stories just to make you their counterparty for selling.

Regarding market trends, yesterday I mentioned that there was a slight pressure at the 98,000 position, but it strongly broke above 100,000, which again indicates that the main force of Bitcoin is still present. Especially when altcoins experience sharp fluctuations, Bitcoin's lowest price has not yet dropped to 90,000. Therefore, I boosted everyone's confidence yesterday. Currently, Bitcoin is above 100,000, ETH is gradually catching up, while altcoins have not yet taken action, mainly due to the influence of funds and sentiment. Next, we need to see if Bitcoin can continue to break through; overall, Bitcoin is still constrained by the 100,000 pressure zone. If it cannot break through, the overall market will continue to adjust downwards, and we can maintain the previous position of this pressure level.

Thank you for your attention and likes. 欢迎加入专属聊天群.

December 11, 2024 "The Structural Bull Market Still Exists"

From 3 AM to the morning, the market basically completed a second bottoming process, where BTC fell below 95,000 and ETH approached 3,500, neither reached a new low, but they are not far from the lowest point, which is a relatively standard second bottom. Since a second bottom has been formed, the upcoming market trend shouldn't be too bad, and it is expected to show a fluctuating upward trend. However, due to a large amount of forced liquidations, the recovery time may be longer.

Actually, what I am most concerned about next is the impact of the dual festivals. In the past, when encountering such major holidays, the impact of capital outflow has been significant, and the US stock market seems to have a feel of daily-level adjustments. Therefore, for the upcoming market, I think we need to consider both the fluctuations and the range of low and high points. It is expected to fluctuate for a few days. The chips collected from the second retest yesterday, I will assess the situation to decide whether to sell them off; specifically, we can observe any changes as Christmas approaches.

A pullback or a sharp drop in a bull market can be a good entry point, especially for major coins like Bitcoin, which has not shown structural damage, and the technical bull market still exists, so we don't need to worry too much. As for the significant drop in altcoins, that is also normal; after all, the more they rise, the harsher the fall. So a few days ago, I mentioned that I really don't believe I can make money on altcoins unless you followed me in accumulating them along with mainstream coins at the lows. The risk of chasing altcoins during a bull market is quite high.

In the short term, Bitcoin shows slight pressure around the 98,000 mark. In fact, we can see that it is not far from the 100,000 threshold, which should give us more confidence. I personally plan to do some bottom fishing and fluctuations in this range, then assess the situation to continue adding some long-term positions or converting profits into long-term positions. Of course, in the next few days, it is always possible to break through 100,000. Overall, I want to say that the bull market is still here, but it is likely to undergo some adjustments.

The market is ruthless, but grandpa is loving!

I believe everyone was jolted awake by that needle at 5 AM. To soothe everyone’s wounded spirit, grandpa is recommending a guaranteed profit project! With almost zero risk, as long as you have been single for over 20 years and your hand speed is fast enough, you can reap these benefits.

#XAI小钥匙公售 , that’s right, it’s this little key. According to official disclosures, it will be available for抢 (抢 meaning 'snatch' or 'grab') at 10 AM on the 14th Hong Kong time. The initial selling price for the XAI little key is 0.0143ETH, approximately 50 USD. As the sales volume increases, the price will gradually rise, with a final selling price of 0.3ETH, about 1100 USD. This means that the faster you grab it, the lower the cost, and the more you earn. Calculating the maximum cost, one little key can earn up to 1050 USD, a 20-fold increase.

Of course, because there will be many people trying to抢, it’s estimated that the minimum price will be hard to obtain. I judge that as long as you can get it below 0.1ETH, you will make a profit. Therefore, I suggest everyone prepare ETH on the ARB chain and set an alarm. Additionally, there is a little trick: the ARB chain can also proactively increase the gas fee, so you can appropriately spend a little over ten dollars on gas fees for a small cost attempt.

Why am I so confident it will be profitable? First of all, things obtained by抢 generally won’t lose money. In the last public sale, there were over 12 million requests received in the first minute, and the first 12 layers sold out on the first day. Secondly, this time there are less than 1.5 million XAI little keys. Then there’s the role and benefits of the little key. I understand it to be the node of the main network $XAI , which, while participating in maintaining network security, can earn XAI tokens (in the form of exXAI) and also receive airdrop benefits from games issued by the Xai network.

From a long-term perspective, the Xai game public chain itself also has certain investment value, after all, it belongs to the Game track. The ARB development team Offchain Labs is jointly developing, and it is also a Binance Launchpad project. Currently, there are already well-known game publishers like Riftstorm, Valeria, and Planet X, and hundreds of games will be issued on the Xai main network in the future. If you can抢 the little key at a low cost, whether you sell it for immediate returns in the short term or participate in Xai’s future at a low cost, it’s a good choice.

Thanks to @XAI_GAMES for the support.

December 9, 2024

The price of Bitcoin fluctuates around 100,000 USD, which means that the market has a big disagreement on this large integer point. Since it has broken through 100,000 but has not been taken down, we should at least remain vigilant. After all, the previous 75,000 was not taken down at once, and it took several rounds of repeated market conditions to break through. In addition, the current market has generally risen for a round. In the past few days, I have repeatedly asked everyone to sell some coins with exaggerated gains in my articles.

If you keep reading my articles, the overall rhythm should be relatively clear, that is, continue to do swing trading before 75,000, and keep a hand of funds to prepare for the plunge. Of course, this also caused me not to have a full position. After breaking through 75,000, I asked everyone to hold the coins, especially DeFi and Ethereum. Since this part was built at a low point, the overall increase has more than doubled, and some like CRV and Uni have increased several times. I have mentioned these several times in the comment area.

The third stage is the recent period, because the bull market really cannot predict where the high point will go, and I can only suggest to sell the flying ones in batches to stop profit, and try to sell your chips at a relatively high level. Of course, if you want to say whether the bull market is over, it is not yet, but it is possible to have a big correction and then set sail again. As for the cottage season, it has actually started, but in every round of bull market, there will be many cottages that do not pull the market, and you can only accept it if you choose such cottages.

I haven’t talked about positions for a long time. Before this round started, I was about 60%, and now it has reached 30%. There are indeed many sold at a loss, but with arbitrage income, the overall rate of return is already quite satisfactory. If it continues to rise next, the big cake reaches about 150,000, I will choose to leave only 0.5-10% of the position, or wait until the collective emotions of the cottage explode, and then continue to reduce the position and sell.

Thank you for your attention and likes. If you need to be reminded in the first time, you can click to join 币安专属聊天群.

December 8, 2024

Today, the market's heat once again shifted to the Musk concept, as a result of a series of tweets from the old master. This method of driving the market is both direct and subtle, achieving the desired effect while seemingly evading regulation. Regardless, one of the earliest sectors to kick off this round of market activity, Dogecoin has broken new highs, indicating that funds are still in a net inflow state. This is a positive signal for the overall market. At the moment when Bitcoin is at 100,000 and Ethereum is consolidating at 4,000, Dogecoin's new high gives the market confidence to continue rising.

In addition, data shows that Tether has minted an additional 20 billion USDT since November, and the vast majority of this has been real capital coming in to buy coins, which is also an important source of funds for the market's rise. On a macro level, the Federal Reserve's interest rate cuts serve as a valve for all financial markets, but for the crypto space, USDT, ETFs, etc., are the gateways for funds entering the crypto realm. This growth in data means that the crypto market cap will inevitably rise.

However, unlike previous calls, Dogecoin jumped directly from its position, pulling several times in a short period. This wave of Dogecoin only touched a new high and did not see significant explosive growth again, which can generally be viewed as a signal for the main force to offload. Especially based on Binance's 24-hour trading volume, Dogecoin has already ranked first (usually BTC is in this position). Technically, it shows a divergence between volume and price, so for Dogecoin, some can continue to reduce in batches, and those who don’t have it shouldn’t chase anymore.

The most important thing in a bull market is to control your hands. As prices continually hit new highs, investors will find that they won't be trapped regardless of how they buy, but instead will keep missing opportunities. Once this bull market mindset is formed, it will eventually lead to chasing the highest points. For the upcoming bull market, it is advisable to start developing a profit-taking mindset. When certainty is low, don’t engage in battles in the secondary market. It’s not that you can’t make money, but this habitual mindset will prevent capital from being retained.

Thank you for your attention and sharing. 点击加入币安专属聊天群.

ETH breaks 4000, the next target is 5000, refreshing historical highs!
Congratulations to the defenders of Ethereum!