Most people in the old coin circle believe that as Bitcoin and Ethereum ETFs are accepted by Wall Street capital, the volatility of Bitcoin decreases, the increase is limited, and the time to rise is extended, leading to the perception that the opportunities in the coin circle have greatly diminished (for example, within a unit of time such as 2 years). This statement cannot be said to be completely incorrect, but I believe that viewing the opportunities in the post-coin circle from a different perspective reveals that they are still as abundant and quick as before: one-third of the funds should hold Bitcoin, while the remaining main positions should select 2-3 suitable POW coins or strong coins from among numbers 3-100, treating them as Bitcoin from 24 years ago, which can still yield the cyclical returns that Bitcoin previously had. This kind of approach is likely to gradually become popular in the coin circle in the future. The three key points of this approach are: 1. One-third of the position in Bitcoin cannot be lost; 2. Do not choose coins above 100 (the number of coins in the future should be in the tens to millions, and 99% of the coins will gradually lose attention and eventually go to zero); 3. It is best to choose POW coins or strong coins.

$VANA 20.2-19.1, the high magnification should have exploded right?

I see many people are frantically shouting about the copycat season. At this position, are you short or fully invested waiting for the copycat season?

If you traveled to December 2013 and told the players at that time: in the future, Bitcoin will rise to $100,000, while Litecoin will only sell for a few hundred dollars each. I believe no one would believe you, even the most loyal followers of the Bitcoin cult would not believe it. Some people might even give you a slap to show you what it means to have Bitcoin as gold and Litecoin as silver.

I have already added margin twice, and if it falls below 3200, I need to add a third margin! If it breaks 3000, I will double my position! If it breaks 2800, I will triple my position! I don't believe it! It can drop to two thousand!

I have opened a full short position, I trust you this time, my life is in your hands, I did it on my credit card.

December 22, 2024

The market has indeed reversed into a correction, and the rebound from overselling ended a bit quickly. Yesterday I reminded that apart from those buying the dip, it’s possible to continue reducing positions. I wonder if everyone executed that; on the contrary, I haven’t had the chance to reduce my positions, and then the market turned downward. However, the sharp drop the day before yesterday is basically a phase bottom, and even if there’s a correction ahead, the likelihood of breaking lower is not high.

Generally speaking, such a panic-driven sharp decline has a significant destructive impact on market sentiment and investment confidence, so it’s reasonable to expect a period of repair and adjustment. But I also mentioned that the low point from the day before yesterday is essentially a phase low, and it is likely to oscillate and test support strength multiple times; the probability of breaking lower is low, so it’s possible to place orders near the low.

Overall, there’s no need to panic now; the bull market is definitely still on, especially since the interest rate cut cycle has started, and Trump hasn’t even taken office yet. This wave of sharp decline is partly because of excessive previous gains and can also be understood as the end of the FOMO sentiment surrounding Trump’s presidency. Next, we’ll look at specific policies and changes in capital flow. This wave of decline is what many people have expected; since it’s happened, there’s no need to panic.

As for the market, the next trend is likely to be oscillating, and it will probably test the lows, such as ETH at $3100, BTC at $90,000, and others are similar. The highs should refer to the rebound highs from yesterday and the starting points of the declines; check specific cryptocurrencies with candlestick charts. In reality, it’s a suitable time to rest; if you want to operate, mainly consider doing some swing trading.

Thank you for your attention and likes.