With such a cheap chip, I really will regret it for a lifetime if I don't take it. Those who feel there is risk should stop following on their own.

With such a cheap chip, I really will regret it for a lifetime if I don't take it. Those who feel there is risk should stop following on their own.

AAVE Market Analysis: Timing for Positioning After a Deep Pullback?

Market Analysis
AAVE has recently experienced a significant pullback, and market sentiment is rather cautious. Currently, bearish forces dominate, but the depth of the pullback may be approaching the support zone, with short-term rebounds likely to gradually appear, requiring attention to the performance of key levels.

Support and Resistance Levels
• Support Levels: $330, $310, $290
• Resistance Levels: $360, $380, $400

Short-Term Trading Strategy

Long Strategy (Bullish):
• Entry Point: $340
• Add Position Point: $320
• Stop Loss Point: $285
• Take Profit Targets: $360, $380, $400

Short Strategy (Bearish):
• Entry Point: $360
• Add Position Point: $380
• Stop Loss Point: $410
• Take Profit Targets: $340, $320, $310
$AAVE


My Prediction
Currently, although AAVE's short-term trend is weak, it is nearing the support zone, and rebound opportunities are expected to gradually appear. It is recommended to focus on long positions for positioning.

Daily, I will share analyses of mainstream coins and altcoins with you all, and you can click on the coin pair tags within the article for trading. I wish all brothers and sisters abundant profits! #加密货币盘整

$DOGS Are all the comments in the forum foreigners? No Chinese hold this coin in stock?
It seems that I am the only Chinese holding this coin

$1000SATS endless decline, such a disgusting scam

Record on December 21, 2024:

In these past few days of declines, most of the contract leverage has been pretty much wiped out, but why have we experienced a decline followed by another decline? Let me analyze it for you:

1. After the first decline, the market makers, based on trading data, confirmed that a large number of people were bottom-fishing, leading to further rises in contracts. The spot traders who chased high prices did not continue to panic sell their positions.

2. The second decline caused a lot of altcoin structures to deteriorate further, leading naked K traders and many retail investors to believe in a trend reversal, selling their positions, and the more speculative aggressive long positions that bottom-fished again.

3. Christmas is an important holiday in the West, but it doesn't mean that there will definitely be a big rise before Christmas. A rise must be a rise, but it will only make smart people money, not the retail investors. Through the festive atmosphere, a big drop to wash out the optimistic retail investors is a good choice.

The above text includes the roles of "Market Makers," "Insecure Retail Traders Chasing Highs and Selling Lows," and "Technical Traders."

Of course, there are a few points you should remember:

1. Support and resistance do exist, but more importantly, market makers use trading data to assess the strength and timing of declines. A long duration can wear out participants (Why hasn’t what I bought gone up? I want to change my positions), and strong declines can cause panic (Why has everything I bought dropped? I can't take it anymore; I need to cut losses).

2. In a bull market, don't fantasize about catching the absolute bottom; being able to buy at relatively low prices, not chasing highs or selling lows, and holding on is already very good. A bull market doesn't lack opportunities to buy at low prices, but I hope you can hold on. For example, buying Dogecoin at 0.3-0.34 isn’t bad.

3. You don't need to overly trust technical analysis, but you do need technical support for your judgment. More importantly, contrarian actions are what can help you survive in this market. As long as you can stay in this market, one day you will earn a lifetime of money in a short period, instead of chasing highs and selling lows.

[When others are greedy, I am fearful; when others are fearful, I am greedy]

[For those who haven't followed me yet, remember to give a follow and a like!]

$USUAL This is the 8-hour K-line. Who thinks this coin is going to die? Look at the 8-hour K-line of Bitcoin, and then look at the 8-hour line of usual. It has such a big negative line, and it is still eaten up now?
When there is a big negative line, you should take the opportunity to buy the bottom, instead of singing short like some 2Bs in the square saying that it will return to the pre-market price

Who doubts the future growth potential trend of usual?

Let's solve problems together.

Known Sui:
① Both the coin price and TVL have reached new highs, and the ecosystem is experiencing explosive growth.
② Well-known wallets Phantom and Backpack have announced they will integrate Sui.
③ Native USDC has been deployed on Sui.

However, currently, besides Sui itself, there is only one project in the Sui ecosystem, Cetus, that has been listed on Binance. Logically, with such a strong Sui ecosystem, Cetus cannot be the only one. The question arises, who will be next? I strongly recommend $BLUE Bluefin.

Bluefin has several “strongest in the Sui ecosystem” points:
First, the strongest financing. Polychain leads the investment, with other investors including SIG, Brevan Howard, Tower Research, Wintermute, and others.
Second, the strongest contract DEX. Bluefin accounts for over 90% of the contract trading volume in the Sui ecosystem, holding a dominant position.
Third, the strongest growth. The AMM DEX was only launched on the 19th of last month, and TVL has already exceeded 51 million dollars.

In comparison to Jupiter, the current circulating market value of $BLUE is 56 million dollars (while $JUP's circulating market value is 1.3 billion dollars), which is indeed undervalued.

dyor