加密大卫
宫众号：加密大卫
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How can ordinary people rise in the cryptocurrency world with just a little money?
This article systematically explains the underlying logic and methodology of ordinary people's mixing in the cryptocurrency circle from 7 dimensions, including all practical experience and dry goods. It is recommended to collect and read repeatedly.
1. Positioning
"The role of positioning is to prevent you from going astray"
The positioning I mentioned includes two parts: one is self-positioning and the other is track positioning.
Regarding self-positioning, ordinary losers need to find their own position so that they can get better and better.
In the cryptocurrency world, the same principle applies. You must first recognize your own abilities and strengths and position yourself well before you can find a method that suits you. If you can't find it yourself, just remember the conclusion: we are all ordinary people, without outstanding abilities or large start-up funds, and pie in the sky will not fall on us. The only feasible way is to improve cognition while working hard in practice, one step at a time, to achieve a spiral rise in cognition and practice, and then patiently wait for the day of explosion.
1. Positioning
"The role of positioning is to prevent you from going astray"
The positioning I mentioned includes two parts: one is self-positioning and the other is track positioning.
Regarding self-positioning, ordinary losers need to find their own position so that they can get better and better.
In the cryptocurrency world, the same principle applies. You must first recognize your own abilities and strengths and position yourself well before you can find a method that suits you. If you can't find it yourself, just remember the conclusion: we are all ordinary people, without outstanding abilities or large start-up funds, and pie in the sky will not fall on us. The only feasible way is to improve cognition while working hard in practice, one step at a time, to achieve a spiral rise in cognition and practice, and then patiently wait for the day of explosion.
See original
#KAITO
Still shouting there: kaito is a demon coin, it's a demon coin!
Did it just become a demon coin on the rise list a few days ago?
The investors are about to run away, what a joke.
Jiao Yi still has to see what you all do.
Mindlessly chasing trends.
The background is that without understanding anything, just rush in.
The most impressive is that guy who took cash with more than fifty thousand oil a couple of days ago.
Is it cool on the mountaintop right now?
$KAITO
Still shouting there: kaito is a demon coin, it's a demon coin!
Did it just become a demon coin on the rise list a few days ago?
The investors are about to run away, what a joke.
Jiao Yi still has to see what you all do.
Mindlessly chasing trends.
The background is that without understanding anything, just rush in.
The most impressive is that guy who took cash with more than fifty thousand oil a couple of days ago.
Is it cool on the mountaintop right now?
$KAITO
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Iron Head Boy
$KAITO is back from the dead, LFG again! send it! ! 🔥🔥
See original
#ETH🔥🔥🔥🔥🔥🔥
The recent doors drawn by the concubine are simply more than Teacher San's films!
I no longer need my years of experience
Let's just follow the door
Hang it up
The positions can be figured out by yourselves, everyone
Also
Raise your hand if you are still following ADA and AI16Z
David will talk to you!!!
$ETH
The recent doors drawn by the concubine are simply more than Teacher San's films!
I no longer need my years of experience
Let's just follow the door
Hang it up
The positions can be figured out by yourselves, everyone
Also
Raise your hand if you are still following ADA and AI16Z
David will talk to you!!!
$ETH
See original
#ADA!
Are you convinced?
ADA has already reached the top position on the wooden table!
If you want to change your strategy or run away, be my guest...
The rebound is still continuing
Let's see if the door will be drawn again tonight
Anyway, I still have two layers of positions
In contrast, AI16Z is still in the relay...
Continue to get on board
Observe LINK BAN
$ADA
Are you convinced?
ADA has already reached the top position on the wooden table!
If you want to change your strategy or run away, be my guest...
The rebound is still continuing
Let's see if the door will be drawn again tonight
Anyway, I still have two layers of positions
In contrast, AI16Z is still in the relay...
Continue to get on board
Observe LINK BAN
$ADA
#ADA
ADA's recent surge can really be described as a significant rebound
It's still strong, it dipped to 0.9 yesterday but didn't break through
It bounced back up again last night
Currently, it's hard to judge whether it will continue to rebound or just have a small-level rebound to the second peak
In the short term, it's difficult to return to above 1U, risk aversion is the most important
If it stands back at 1U, then there is still a chance to break the previous high.
The current position has a strong speculative nature.
But David thinks it will still test it
So, at the current 0.95, you can enter a small position to trade it
The first target is 0.99, and after reaching it, leave a base position to seek a breakout...
I've already entered, feel free to do as you wish!
$ADA
ADA's recent surge can really be described as a significant rebound
It's still strong, it dipped to 0.9 yesterday but didn't break through
It bounced back up again last night
Currently, it's hard to judge whether it will continue to rebound or just have a small-level rebound to the second peak
In the short term, it's difficult to return to above 1U, risk aversion is the most important
If it stands back at 1U, then there is still a chance to break the previous high.
The current position has a strong speculative nature.
But David thinks it will still test it
So, at the current 0.95, you can enter a small position to trade it
The first target is 0.99, and after reaching it, leave a base position to seek a breakout...
I've already entered, feel free to do as you wish!
$ADA
See original
#ADA
ADA's recent surge can really be described as a significant rebound
It's still strong, it dipped to 0.9 yesterday but didn't break through
It bounced back up again last night
Currently, it's hard to judge whether it will continue to rebound or just have a small-level rebound to the second peak
In the short term, it's difficult to return to above 1U, risk aversion is the most important
If it stands back at 1U, then there is still a chance to break the previous high.
The current position has a strong speculative nature.
But David thinks it will still test it
So, at the current 0.95, you can enter a small position to trade it
The first target is 0.99, and after reaching it, leave a base position to seek a breakout...
I've already entered, feel free to do as you wish!
$ADA
ADA's recent surge can really be described as a significant rebound
It's still strong, it dipped to 0.9 yesterday but didn't break through
It bounced back up again last night
Currently, it's hard to judge whether it will continue to rebound or just have a small-level rebound to the second peak
In the short term, it's difficult to return to above 1U, risk aversion is the most important
If it stands back at 1U, then there is still a chance to break the previous high.
The current position has a strong speculative nature.
But David thinks it will still test it
So, at the current 0.95, you can enter a small position to trade it
The first target is 0.99, and after reaching it, leave a base position to seek a breakout...
I've already entered, feel free to do as you wish!
$ADA
See original
#AAVE
Why is AAVE at the top of the growth rankings in this garbage market?
Don’t ask
Just know we have entered the market!
Big boss is bullish 🎉🎉🎉
AI16Z LINK is being laid out...
Keep eating
$LINK
Why is AAVE at the top of the growth rankings in this garbage market?
Don’t ask
Just know we have entered the market!
Big boss is bullish 🎉🎉🎉
AI16Z LINK is being laid out...
Keep eating
$LINK
#AAVE
AAVE is ranked first in the increase!!!
You guys don’t have Dodo in hand, right?
At two-thirty, let everyone enter the main position
Big brother directly goes all in, 200 forced liquidation 😂😂😂
Indeed, money should be earned by those who are bold
Others can only eat small portions of pig's feet
Continuing to layout
Observe AI16Z Point 0.300
$AAVE
AAVE is ranked first in the increase!!!
You guys don’t have Dodo in hand, right?
At two-thirty, let everyone enter the main position
Big brother directly goes all in, 200 forced liquidation 😂😂😂
Indeed, money should be earned by those who are bold
Others can only eat small portions of pig's feet
Continuing to layout
Observe AI16Z Point 0.300
$AAVE
See original
#AAVE
AAVE is ranked first in the increase!!!
You guys don’t have Dodo in hand, right?
At two-thirty, let everyone enter the main position
Big brother directly goes all in, 200 forced liquidation 😂😂😂
Indeed, money should be earned by those who are bold
Others can only eat small portions of pig's feet
Continuing to layout
Observe AI16Z Point 0.300
$AAVE
AAVE is ranked first in the increase!!!
You guys don’t have Dodo in hand, right?
At two-thirty, let everyone enter the main position
Big brother directly goes all in, 200 forced liquidation 😂😂😂
Indeed, money should be earned by those who are bold
Others can only eat small portions of pig's feet
Continuing to layout
Observe AI16Z Point 0.300
$AAVE
See original
#加密市场反弹
Why have there been so many discussions about doors lately?
Recently, the market has been like a roller coaster, with daily fluctuations of 10% becoming commonplace. Behind this crazy volatility is actually the result of the interplay between institutions, policies, and retail investors. To avoid being cut, retail investors must understand these four core contradictions.
1. Policies change frequently, and the market is like a startled bird
The mainland is legislating to regulate virtual currencies, while El Salvador is crazily buying Bitcoin; the U.S. SEC is delaying Ethereum ETF approvals, and Hong Kong has approved a Bitcoin futures ETF. The chaotic policy direction leaves market sentiment feeling like an elevator ride.
某易 was fined 500 million dollars, Binance's U.S. assets were frozen, and the leverage trading limit was cut from 100 times to 20 times. Retail investors find it hard to borrow money to trade coins; liquidity tightens and leads to sharp drops.
2. Institutions and retail investors are cutting each other’s profits
BlackRock buys Bitcoin ETFs, while Grayscale sells, with billions of dollars flowing in and out daily, prices being manipulated by institutions.
The perpetual contract open interest reached 15 billion dollars, with 100,000 liquidations within 24 hours, 90% of which are beginners. Institutions use high-frequency trading to cut profits, while retail investors don't even know who their counterparties are. 3. The economic environment is like a typhoon, and the crypto market suffers
U.S. non-farm data was too good, with interest rate cut probabilities dropping from 65% to 40%, the dollar appreciating, and funds fleeing back to traditional markets. Bitcoin and the dollar are at odds, with prices going on a roller coaster.
The Red Sea conflict caused oil prices to soar, inflation pressure is high, and no one believes in Bitcoin's 'anti-inflation' narrative anymore, as it decouples from gold trends.
4. The technical analysis is all messed up, and indicators are false signals
The buying and selling spread of Bitcoin has risen to 500 dollars, while altcoins have not traded for a day at 38%. It's hard to sell even if you want to. On March 20, G7 crypto tax policies may bring another storm. Don’t believe that the current candlestick charts are all drawn by institutions; pay more attention to on-chain data.
The crypto market now is a 'policy market + institutional market'; to avoid being cut, retail investors should not chase highs on favorable policies, panic on unfavorable news, follow the trend when institutions adjust their positions, and wait for stability before acting. Preserving principal is the most important thing.
$BTC
$ETH
Why have there been so many discussions about doors lately?
Recently, the market has been like a roller coaster, with daily fluctuations of 10% becoming commonplace. Behind this crazy volatility is actually the result of the interplay between institutions, policies, and retail investors. To avoid being cut, retail investors must understand these four core contradictions.
1. Policies change frequently, and the market is like a startled bird
The mainland is legislating to regulate virtual currencies, while El Salvador is crazily buying Bitcoin; the U.S. SEC is delaying Ethereum ETF approvals, and Hong Kong has approved a Bitcoin futures ETF. The chaotic policy direction leaves market sentiment feeling like an elevator ride.
某易 was fined 500 million dollars, Binance's U.S. assets were frozen, and the leverage trading limit was cut from 100 times to 20 times. Retail investors find it hard to borrow money to trade coins; liquidity tightens and leads to sharp drops.
2. Institutions and retail investors are cutting each other’s profits
BlackRock buys Bitcoin ETFs, while Grayscale sells, with billions of dollars flowing in and out daily, prices being manipulated by institutions.
The perpetual contract open interest reached 15 billion dollars, with 100,000 liquidations within 24 hours, 90% of which are beginners. Institutions use high-frequency trading to cut profits, while retail investors don't even know who their counterparties are. 3. The economic environment is like a typhoon, and the crypto market suffers
U.S. non-farm data was too good, with interest rate cut probabilities dropping from 65% to 40%, the dollar appreciating, and funds fleeing back to traditional markets. Bitcoin and the dollar are at odds, with prices going on a roller coaster.
The Red Sea conflict caused oil prices to soar, inflation pressure is high, and no one believes in Bitcoin's 'anti-inflation' narrative anymore, as it decouples from gold trends.
4. The technical analysis is all messed up, and indicators are false signals
The buying and selling spread of Bitcoin has risen to 500 dollars, while altcoins have not traded for a day at 38%. It's hard to sell even if you want to. On March 20, G7 crypto tax policies may bring another storm. Don’t believe that the current candlestick charts are all drawn by institutions; pay more attention to on-chain data.
The crypto market now is a 'policy market + institutional market'; to avoid being cut, retail investors should not chase highs on favorable policies, panic on unfavorable news, follow the trend when institutions adjust their positions, and wait for stability before acting. Preserving principal is the most important thing.
$BTC
$ETH
See original
#ETH🔥🔥🔥🔥🔥🔥
Last night I groggily saw the concubine get hit by 8 knives
I thought it was a dream
But it turned out to be real!!!
A certain customer pulled the network cable, hahaha
Laughing to death
So I got everyone up early
In less than half an hour, we resolved the battle directly
Entering the arena means profit, boss
So amazing!!!
Aiming to create a massive group of 10,000 🚂 charging together
Keep up...
$ETH
Last night I groggily saw the concubine get hit by 8 knives
I thought it was a dream
But it turned out to be real!!!
A certain customer pulled the network cable, hahaha
Laughing to death
So I got everyone up early
In less than half an hour, we resolved the battle directly
Entering the arena means profit, boss
So amazing!!!
Aiming to create a massive group of 10,000 🚂 charging together
Keep up...
$ETH
See original
#加密市场回调
Ether Zhen saw that it started with 1, and most altcoins should enter a bear market next
But it probably won't be this week
The trend is fluctuating downward
This altcoin starting with 1 will still have many people getting on board
But is 1993 really its bottom?
Uncertain
The only thing that is certain is that this kind of trend is very similar to the latter part of the last bull market
If history repeats itself, there will be some altcoins that explode during the cycle
I am David, if you have faith
Come and bottom out with me!!!
#币安上线GPS
Ether Zhen saw that it started with 1, and most altcoins should enter a bear market next
But it probably won't be this week
The trend is fluctuating downward
This altcoin starting with 1 will still have many people getting on board
But is 1993 really its bottom?
Uncertain
The only thing that is certain is that this kind of trend is very similar to the latter part of the last bull market
If history repeats itself, there will be some altcoins that explode during the cycle
I am David, if you have faith
Come and bottom out with me!!!
#币安上线GPS
See original
#ENA
Although I have spot goods
But I still need to follow the contract
It's all about the emotions
Currently, everyone is too fragile in their hearts!!!
Just a little news in the market could affect the hangqin...
$ENA
Although I have spot goods
But I still need to follow the contract
It's all about the emotions
Currently, everyone is too fragile in their hearts!!!
Just a little news in the market could affect the hangqin...
$ENA
#ENA
The inevitable has come!
Is my ENA really doomed?
Tomorrow, Ethena will release 728 million dollars worth of ENA, equivalent to a 66% increase in circulating supply.
This wave of unlocking might directly lead to a crash...
What should retail investors do?
First, let's look at some data:
Originally, there were 3.13 billion in circulation, and after unlocking, there will be an additional 2.07 billion, equivalent to a sudden increase of 66% in selling pressure with stablecoins.
USDe has been crazily redeemed, reducing the total supply from 5.6 billion to 5.4 billion, with the staking rate dropping from 200% to 140%.
Currently, ENA has fallen from 0.42 to 0.34, just a step away from the historical low of 0.28.
What are the risks involved:
USDe relies on algorithms to maintain value, and now the staked assets are insufficient, leading to user panic.
The institutional version of iUSDe has not yet been launched, the self-developed blockchain mainnet is delayed, and the development progress is lagging.
Institutions are not optimistic, with only 3% of institutions holding positions, relying entirely on retail investors for support.
So what should we do?
Wait for selling pressure to be digested: The unlocking selling pressure may continue for 4-6 weeks, do not rush to bottom fish.
Look at reserve quality: Carefully review the weekly on-chain audit reports to see if the staked assets are sufficient.
Monitor institutional movements: If institutions start buying, it might be a signal of hitting the bottom.
Remember:
Stay away from coins with high unlocking ratios, only choose stablecoins like USDC/USDT, and consider bottom fishing after the unlocking selling pressure has passed.
In the crypto world, surviving is more important than making money!
If anyone is confused due to market fluctuations and doesn't know how to deal with being trapped, or feels misled during the operation process, feel free to reach out!
I am David.
$ENA
The inevitable has come!
Is my ENA really doomed?
Tomorrow, Ethena will release 728 million dollars worth of ENA, equivalent to a 66% increase in circulating supply.
This wave of unlocking might directly lead to a crash...
What should retail investors do?
First, let's look at some data:
Originally, there were 3.13 billion in circulation, and after unlocking, there will be an additional 2.07 billion, equivalent to a sudden increase of 66% in selling pressure with stablecoins.
USDe has been crazily redeemed, reducing the total supply from 5.6 billion to 5.4 billion, with the staking rate dropping from 200% to 140%.
Currently, ENA has fallen from 0.42 to 0.34, just a step away from the historical low of 0.28.
What are the risks involved:
USDe relies on algorithms to maintain value, and now the staked assets are insufficient, leading to user panic.
The institutional version of iUSDe has not yet been launched, the self-developed blockchain mainnet is delayed, and the development progress is lagging.
Institutions are not optimistic, with only 3% of institutions holding positions, relying entirely on retail investors for support.
So what should we do?
Wait for selling pressure to be digested: The unlocking selling pressure may continue for 4-6 weeks, do not rush to bottom fish.
Look at reserve quality: Carefully review the weekly on-chain audit reports to see if the staked assets are sufficient.
Monitor institutional movements: If institutions start buying, it might be a signal of hitting the bottom.
Remember:
Stay away from coins with high unlocking ratios, only choose stablecoins like USDC/USDT, and consider bottom fishing after the unlocking selling pressure has passed.
In the crypto world, surviving is more important than making money!
If anyone is confused due to market fluctuations and doesn't know how to deal with being trapped, or feels misled during the operation process, feel free to reach out!
I am David.
$ENA
See original
#KAITO
Kaito The Truth Behind the Crash: Retail Investors, Don't Catch Falling Knives; Long-term Holding is Even More Dangerous!
KAITO has experienced a massive crash in the past two days, seemingly approaching support levels, but this is actually a trap! Let's break down the fatal issues of this project—retail investors, pay attention. 1. Technical Aspects: The Support Level is an Illusion
The trend is still downward (MACD death cross) with rebound lacking volume (trading volume down to only 30% of peak) and not oversold yet (RSI indicator 55, not in the oversold zone).
Whales are dumping crazily: The top 10 addresses hold 35% of the tokens, and after the February peak, 12 whales sold off 8 million tokens (about 20 million USD), with net outflow from exchanges continuing for 5 days, and retail investors are picking up the pieces!
Five Major Pitfalls of Long-term Holding
1. Token Economy Collapse
Airdrop Scams: The community only received 10% of the tokens, with 70% of airdrop addresses liquidating within 3 days, causing the price to crash.
Unlock Bomb: 43.3% of the tokens (team + early investors) will be released in Q3, and if the project makes no progress, it will definitely crash the market.
Staking Yields Plummet: Annualized returns fell from 35% to 8%, leading users to accelerate coin dumping.
2. Social Ecosystem Cooling Off
Score Boosting Model Fails: Users create low-quality content to earn coins, the platform is overloaded with information, and top KOLs staking 120,000 USD can only earn basic rewards, resulting in many fleeing.
Active Users Plummet 45%: Daily active users drop below 50,000, leading the ecosystem into a death spiral of “nobody plays → coin devaluation → even fewer people play.”
3. Track Value Approaching Zero
AI + Social Sector Crashes: Similar project ARKM has dropped 80% from its peak, and the market has lost faith in this concept.
No Technical Barriers: Core functions are easily replicated by competitors like Mirror and Cent, with three critical vulnerabilities in the code.
4. Community Trust Collapse
Airdrop Manipulation: Users who criticized the project receive only 1/10 of the tokens compared to supporters, with rules entirely at the mercy of the project team.
Multiple Delays: The mainnet upgrade has been postponed from Q1 to Q3, with community voting participation below 5%, making governance merely a facade.
5. Liquidity Crisis
Extremely Low Trading Volume: Daily average trading volume is only 1.5 million USD, ranking outside the top 100.
Macro Environment Risks: Bitcoin falling below 80,000 could trigger a 30% liquidation, and the SEC is focusing on regulating such social finance projects.
$BTC
Kaito The Truth Behind the Crash: Retail Investors, Don't Catch Falling Knives; Long-term Holding is Even More Dangerous!
KAITO has experienced a massive crash in the past two days, seemingly approaching support levels, but this is actually a trap! Let's break down the fatal issues of this project—retail investors, pay attention. 1. Technical Aspects: The Support Level is an Illusion
The trend is still downward (MACD death cross) with rebound lacking volume (trading volume down to only 30% of peak) and not oversold yet (RSI indicator 55, not in the oversold zone).
Whales are dumping crazily: The top 10 addresses hold 35% of the tokens, and after the February peak, 12 whales sold off 8 million tokens (about 20 million USD), with net outflow from exchanges continuing for 5 days, and retail investors are picking up the pieces!
Five Major Pitfalls of Long-term Holding
1. Token Economy Collapse
Airdrop Scams: The community only received 10% of the tokens, with 70% of airdrop addresses liquidating within 3 days, causing the price to crash.
Unlock Bomb: 43.3% of the tokens (team + early investors) will be released in Q3, and if the project makes no progress, it will definitely crash the market.
Staking Yields Plummet: Annualized returns fell from 35% to 8%, leading users to accelerate coin dumping.
2. Social Ecosystem Cooling Off
Score Boosting Model Fails: Users create low-quality content to earn coins, the platform is overloaded with information, and top KOLs staking 120,000 USD can only earn basic rewards, resulting in many fleeing.
Active Users Plummet 45%: Daily active users drop below 50,000, leading the ecosystem into a death spiral of “nobody plays → coin devaluation → even fewer people play.”
3. Track Value Approaching Zero
AI + Social Sector Crashes: Similar project ARKM has dropped 80% from its peak, and the market has lost faith in this concept.
No Technical Barriers: Core functions are easily replicated by competitors like Mirror and Cent, with three critical vulnerabilities in the code.
4. Community Trust Collapse
Airdrop Manipulation: Users who criticized the project receive only 1/10 of the tokens compared to supporters, with rules entirely at the mercy of the project team.
Multiple Delays: The mainnet upgrade has been postponed from Q1 to Q3, with community voting participation below 5%, making governance merely a facade.
5. Liquidity Crisis
Extremely Low Trading Volume: Daily average trading volume is only 1.5 million USD, ranking outside the top 100.
Macro Environment Risks: Bitcoin falling below 80,000 could trigger a 30% liquidation, and the SEC is focusing on regulating such social finance projects.
$BTC
See original
#ENA
The inevitable has come!
Is my ENA really doomed?
Tomorrow, Ethena will release 728 million dollars worth of ENA, equivalent to a 66% increase in circulating supply.
This wave of unlocking might directly lead to a crash...
What should retail investors do?
First, let's look at some data:
Originally, there were 3.13 billion in circulation, and after unlocking, there will be an additional 2.07 billion, equivalent to a sudden increase of 66% in selling pressure with stablecoins.
USDe has been crazily redeemed, reducing the total supply from 5.6 billion to 5.4 billion, with the staking rate dropping from 200% to 140%.
Currently, ENA has fallen from 0.42 to 0.34, just a step away from the historical low of 0.28.
What are the risks involved:
USDe relies on algorithms to maintain value, and now the staked assets are insufficient, leading to user panic.
The institutional version of iUSDe has not yet been launched, the self-developed blockchain mainnet is delayed, and the development progress is lagging.
Institutions are not optimistic, with only 3% of institutions holding positions, relying entirely on retail investors for support.
So what should we do?
Wait for selling pressure to be digested: The unlocking selling pressure may continue for 4-6 weeks, do not rush to bottom fish.
Look at reserve quality: Carefully review the weekly on-chain audit reports to see if the staked assets are sufficient.
Monitor institutional movements: If institutions start buying, it might be a signal of hitting the bottom.
Remember:
Stay away from coins with high unlocking ratios, only choose stablecoins like USDC/USDT, and consider bottom fishing after the unlocking selling pressure has passed.
In the crypto world, surviving is more important than making money!
If anyone is confused due to market fluctuations and doesn't know how to deal with being trapped, or feels misled during the operation process, feel free to reach out!
I am David.
$ENA
The inevitable has come!
Is my ENA really doomed?
Tomorrow, Ethena will release 728 million dollars worth of ENA, equivalent to a 66% increase in circulating supply.
This wave of unlocking might directly lead to a crash...
What should retail investors do?
First, let's look at some data:
Originally, there were 3.13 billion in circulation, and after unlocking, there will be an additional 2.07 billion, equivalent to a sudden increase of 66% in selling pressure with stablecoins.
USDe has been crazily redeemed, reducing the total supply from 5.6 billion to 5.4 billion, with the staking rate dropping from 200% to 140%.
Currently, ENA has fallen from 0.42 to 0.34, just a step away from the historical low of 0.28.
What are the risks involved:
USDe relies on algorithms to maintain value, and now the staked assets are insufficient, leading to user panic.
The institutional version of iUSDe has not yet been launched, the self-developed blockchain mainnet is delayed, and the development progress is lagging.
Institutions are not optimistic, with only 3% of institutions holding positions, relying entirely on retail investors for support.
So what should we do?
Wait for selling pressure to be digested: The unlocking selling pressure may continue for 4-6 weeks, do not rush to bottom fish.
Look at reserve quality: Carefully review the weekly on-chain audit reports to see if the staked assets are sufficient.
Monitor institutional movements: If institutions start buying, it might be a signal of hitting the bottom.
Remember:
Stay away from coins with high unlocking ratios, only choose stablecoins like USDC/USDT, and consider bottom fishing after the unlocking selling pressure has passed.
In the crypto world, surviving is more important than making money!
If anyone is confused due to market fluctuations and doesn't know how to deal with being trapped, or feels misled during the operation process, feel free to reach out!
I am David.
$ENA
See original
#今日思路
If we ignore the candlesticks from Sunday and Monday, we can actually view it as a slight oscillating decline from a bottom, a large-scale double bottom, which indicates that there is still a high probability of a rebound in the daily or even weekly charts in the future, likely to happen within the next 3-5 days, with resistance still at 90,000.
However, the sentiment of retail investors will gradually fade like a receding tide, and liquidity will definitely dry up over time. At this point, I believe it is impossible to go against the trend; as long as there is a rebound in March, one must run when it's time to run.
Ethereum (ETH) experienced the largest drop today, almost hitting the 1xxx range again. Remember that saying, "Cherish the ETH starting with 25?"
We saw it again yesterday; is this yet another opportunity to run?
SOL also saw a significant drop, although it didn't hit a new low like ETH, it’s still as mentioned yesterday, the positive expectations have nearly been exhausted, with only the final expectation of the ETF listing remaining, which should also be the last opportunity to exit.
Regarding altcoins: ADA: Although it fell sharply, I believe ADA is still one of the better ones among the five tigers; at least from its starting point, it has not only avoided new lows but has actually seen some increase. The current resistance level for the rebound is around 0.9.
If anyone feels confused due to market fluctuations, unsure how to deal with being stuck, or feels misled during their operations, feel free to reach out!
I am David.
$BTC
$ETH
$SOL
If we ignore the candlesticks from Sunday and Monday, we can actually view it as a slight oscillating decline from a bottom, a large-scale double bottom, which indicates that there is still a high probability of a rebound in the daily or even weekly charts in the future, likely to happen within the next 3-5 days, with resistance still at 90,000.
However, the sentiment of retail investors will gradually fade like a receding tide, and liquidity will definitely dry up over time. At this point, I believe it is impossible to go against the trend; as long as there is a rebound in March, one must run when it's time to run.
Ethereum (ETH) experienced the largest drop today, almost hitting the 1xxx range again. Remember that saying, "Cherish the ETH starting with 25?"
We saw it again yesterday; is this yet another opportunity to run?
SOL also saw a significant drop, although it didn't hit a new low like ETH, it’s still as mentioned yesterday, the positive expectations have nearly been exhausted, with only the final expectation of the ETF listing remaining, which should also be the last opportunity to exit.
Regarding altcoins: ADA: Although it fell sharply, I believe ADA is still one of the better ones among the five tigers; at least from its starting point, it has not only avoided new lows but has actually seen some increase. The current resistance level for the rebound is around 0.9.
If anyone feels confused due to market fluctuations, unsure how to deal with being stuck, or feels misled during their operations, feel free to reach out!
I am David.
$BTC
$ETH
$SOL
See original
Cryptocurrency market crashes 20% overnight! Should retail investors run or bottom fish?
Early yesterday morning, the market suddenly 'exploded'! Bitcoin plummeted 10% below 90,000, with $3 billion in contracts liquidated within 24 hours, and mainstream coins like Ethereum and Solana dropped over 15%. Is this wave of decline a signal of the end of the bull market, or an excellent opportunity to bottom fish? This article explains it clearly in layman's terms!
1. Why did the crash happen suddenly?
1. Sudden policy shift
Two US states suddenly refused to recognize Bitcoin as legal currency reserves, local government policy reversals have panicked the market.
OKEx was fined $500 million by the US, raising concerns about the safety of centralized platforms.
1. Why did the crash happen suddenly?
1. Sudden policy shift
Two US states suddenly refused to recognize Bitcoin as legal currency reserves, local government policy reversals have panicked the market.
OKEx was fined $500 million by the US, raising concerns about the safety of centralized platforms.
See original
#币安盘前市场上线RED
Seeing the market drop like this makes me feel relieved!
That's right, we've escaped at the top again.
22:15 observed the trend
After considering the news
Didn't wait for the US stock market to open
22:17——all Dan retreated completely
So awesome
What's next, a continuous upward trend or all the way down?
Don't rush, 85000 is the key!!!
Observe ETH's birth
Also XRP, LINK
All have opportunities
$BTC
Seeing the market drop like this makes me feel relieved!
That's right, we've escaped at the top again.
22:15 observed the trend
After considering the news
Didn't wait for the US stock market to open
22:17——all Dan retreated completely
So awesome
What's next, a continuous upward trend or all the way down?
Don't rush, 85000 is the key!!!
Observe ETH's birth
Also XRP, LINK
All have opportunities
$BTC
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