1. Weak bulls; apart from Bitcoin remaining strong, others are not strong, and the broad fluctuations are due to a lack of funds, with altcoin markets generally being active for less than half a month.
2. There is no incremental market; the overall environment is poor, resulting in new investors not coming in with significant amounts, and everyone is more concerned about their wallets than appearances.
3. There is no new technological revolutionary breakthrough leading the market; the lack of innovation has resulted in the entire market lacking narrative and imaginative space.
4. As the market matures, we are approaching the stage where sovereign nations will incorporate cryptocurrencies into their national strategic reserves; once everyone acknowledges this, there won’t be many opportunities left, unlike in the past when many considered it a time with more opportunities resembling a Ponzi scheme.
Source: Danilo Hetmantsev, chairman of the Ukrainian parliament’s fiscal, tax and customs policy committee, speaking at the Economic Pravda forum on domestic investment opportunities.
Quote: “If we talk about cryptocurrencies, the [parliamentary] working group is finalizing a draft law for first reading. I believe that the text, developed in cooperation with the National Bank and the IMF, will be ready after the New Year. Our goal is to pass this law and legalize cryptocurrencies in the first quarter [of 2025],” he said.
Hetmantsev noted that cryptocurrencies will not be tax-free. Taxation will follow the model of securities, and profits will be taxed when assets are converted into currency.
Quote: “After consultation with European experts and the IMF, we take a very cautious approach to tax exemptions for cryptocurrencies, as it could facilitate tax evasion in traditional markets,” Hetmantsev explained.
The market capitalization share of BTC has been continuously increasing recently, and the sentiment towards altcoins is also on the rise.
Currently, it reached a high of 90, and has now retreated to 69. From a sentiment perspective, the feeling towards altcoins has reached a critical point; it just needs a trigger to ignite the altcoin market.
1. When withdrawing funds, do not withdraw amounts with decimal points.
2. Ensure your mobile phone plan has enough balance for 5-10 years.
3. Leave some money for your parents; when you claim the tokens you invested in, remember that your parents invested in you, so give them a share in your glory.
4. Explore the outside world more; there are so many beautiful sceneries on Earth, and it's a pity not to see them at least once in your life.
5. Persist with small investments in the new narratives and new ecosystems of the crypto world; aim for big gains with small amounts, and always maintain sensitivity to the industry.
It seems that this drop of $BTC is just a little trick played by the main forces, easily making many people give up their chips. When it falls to 94000, you will think of 91000; when it falls to 91000, you will think of 87000. In the end, you won’t buy the low-cost chips, and the clever will be misled by their own cleverness, while the chip cost keeps being raised.
As we confirm the upward trend, we must cherish every pullback. Those seemingly simple mistakes we keep repeating always leave us regretting why we did that in the first place.
I make mistakes too, so I have made plans in advance. Once at the position, all I need to do is execute simply. Trade your plan, plan your trade. It seems very simple, but when the time comes, many people will worry and fear, and then terminate their previous trading plans. The unity of knowledge and action is difficult.
🤖Trend view: JTO's rebound from this decline is very fierce, the box is oscillating at the end, and it is quickly recovered after breaking through the box. There is strong capital intervention, and the overall trend is strong. You can enter at the current price. Observe whether it will break through the box to the next pressure level in the near future
《If I Had Known》《What If》《I Knew It》《If》《Too Expensive》《It Will Drop Again》《Lost Again》《Should I Run》《Bring It Back》《I'm Scared》《I'm Out of Money》《Forgot》《Can't Reach》《Wow》《I'm Really Done》《A Sum》《Contrary》《High Probability》《Perfect Defense》《Going All In》《Fortunately》《Do I Still Need to Get It》《What Should the Teacher Do》《I'll Definitely Follow Next Time》《About to Explode》《Help》《If I Were a Dog Dealer》《Would a Dog Dealer Be So Kind?》《Thigh Broken》《Can't Hold On Anymore》《Forget It》《Spot Doesn't Matter》《Value Investment》《Look Again in 5 Years》《Anyway, No Liquidation Price》《Next Time I'll Definitely Follow the Rules》《Violated My System》《Just In Case》《Oh No》《If It Explodes, I'll Pull Out》《From Now On, I'll Control Position Slowly》《After Stop Loss, It Drops》《Exchange Precision Explosion》《Why Go to a Small Exchange》《Don't Dare Tell My Family》《Delivering Takeout》《I Just Don't Believe It》
The script killing has entered the third stage, many people can't help but cut losses, giving rise to bearish thinking, patiently waiting to enter the fourth stage (huge surge).
Excessive use of leverage in contract trading, hoping to get rich overnight with heavy positions, speculators often bring trouble upon themselves, even digging their own graves. Brief success is like a meteor in the sky, with dazzling, bright light; while beautiful, it is fleeting; or like cherry blossoms in spring, with stunning colors and breathtaking beauty, after a heavy rain, 'falling to the ground and turning to dust,' disappearing without a trace, leaving people feeling sentimental and sighing.
LIVE
玉泽
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I will arrange a script for you. Today’s decline caused some people to panic sell. In the evening, the imitation stocks collectively rebounded. Those who sold in panic couldn't help but jump back in, and tomorrow there will be another crash. They will struggle to avoid selling again and will open short positions, leading to a huge surge starting 😀