Many of you have asked me this question, however, I personally do not pay much attention to whether the market is in an uptrend or downtrend. The most important thing for me is whether I can make money or not, regardless of what trend the market is in.
In reality, the concepts of uptrend and downtrend can be very relative and depend on each person's strategy. For example, if you focus on trading BTC, you may have experienced a prolonged uptrend over the past year as the price of Bitcoin has continuously grown or fluctuated in high ranges. But if you mainly trade altcoins, you might still feel like you are in a downtrend, as many altcoins have not seen significant recovery and even continue to decrease in price.
Therefore, uptrend or downtrend is not the only determining factor. For one person, the market may be an uptrend, but for another, it might be a downtrend. The best way to define a market trend is to relate it to actual profits: if you make money, that is your own uptrend, but if not, then no matter how much the market rises, it is still a downtrend for you.
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In just a few hours, Donald Trump will officially enter the White House again. Will the crypto market become more golden? Let's follow along. #TrumpMarketWatch $BTC $TRUMP #uptrend
Buffett believes that herd mentality will only yield mediocre results. “You need to separate your mind from the crowd,” he asserts.
This is actually quite difficult, but to succeed, you must break away from the crowd by developing your own investment strategy based on your own knowledge and experience. “Separate yourself from the fears and greed of those around you,” is how Buffett has operated for many years and always won.
However, you still need to be open to receiving valuable advice from experienced investors. Just take the time to think about it, analyze it thoroughly, and follow your own instincts. #trend $XRP
The Trump family's cryptocurrency project World Liberty: 0x5b…7dBB exchanged 103.1493 WBTC for 3.075.198 ETH (worth approximately $9.917 million) and 16.6199 WBTC for 1.7 million USDT through Cow Protocol today. Subsequently, 11.917.635 ETH was transferred to Coinbase Prime, worth approximately $38.396 million #Write2Earn #trend $BTC
SC02 M5 is waiting for a short selling order, the entry order is positioned within HVN + not affected by any weak areas. The expected stop-loss level is approximately 0.89%. The downtrend is in the 251st cycle, with a decrease of 7.28%. #sol #Write2Earn
$LINK is one of the pioneering projects in the decentralized oracle space, providing reliable off-chain data for blockchains. This makes it an essential component in the smart contract ecosystem, especially in DeFi and other areas such as insurance, blockchain gaming, and real-world data. Tokenomics: Market Cap: With a market capitalization of nearly $14 billion, #Chainlink is among the large projects that the market trusts. Circulating Supply / Total Supply: Currently, 63% of the total supply is circulating. This indicates a relatively stable distribution level. However, 37% has not yet been released, which could affect the price if released irrationally.
Dom $BTC has entered the first resistance zone which is 59% In 2020 during Christmas, $BTC dom also had a recovery period heading towards a peak before a real recovery occurred, which all investors in the market believed would only be an uptrend for $BTC and a few altcoins.
However, eventually, the altcoin season where all coins rise happened. A coin season will always have a wave of altcoins rising very, very crazily that those who played from July, August 2021 will not understand #btc #bitcoin
Market capitalization: $2.65 billion, ranking 56th on CoinMarketCap. This is quite a large market cap, but there is still a significant gap from larger coins like Bitcoin or Ethereum.
This indicates growth potential if Theta continues to expand. 24-hour trading volume: $74.98 million, accounting for 8.61% of total trading volume. This is a good liquidity level, reflecting ongoing interest from investors.
$LINK is the only one in the #Oracle family that shone last week when the Oracle narrative was stirring the previous week due to news that Chainlink was bought by the World Liberty fund of the Trump family, many friends cheered each other to buy some Oracle relatives to ride the wave of $LINK's increase, but unfortunately, these did not take off.
In fact, I see this is not surprising because in history, whenever $LINK is pumped, the Oracle relatives that follow usually do not take off or only rise very little, even only a few like $BAND $PYTH , while the whole family does not rally behind at all.
There is also a special case of $TRB that was pumped wildly sending friends in the future off to a faraway island, but those ghostly volatile coins are also easy to get hurt if friends get involved.
So, no matter the narrative, for this Oracle, it's best to just stick with $LINK for safety, at most play PYTH because at least it can still follow something from system $SOL #Write2Earn! .
Currently, DOM is trending to revisit the 57.9 area, as it has pulled back multiple times without breaking through, hoping to reverse back to the 55.5 - 56% region, creating a push of #Altcoin .
The BTC index 1! is currently experiencing a GAP area of about 1400 in price, however, we do not have a basis to short at this time, if BTC comes back to fill the GAP, we will look for opportunities to Long up, even for Altcoin.
Looking at the market in recent days, many of you may feel confused and anxious, but everyone stay calm, the big bull wave is approaching us. After the Lunar New Year, the entire market will grow very, very strongly!
If you haven't gathered enough assets, then this New Year, hold back a bit and next year compensate by collecting more from now until just before the New Year. If you have gathered enough, then just sit back and wait for the right time. $BTC #btc #trend #Write2Earn!
5 Top Potential Cryptocurrencies for AE to Invest Under Donald Trump's Leadership
Donald Trump's return to politics is creating significant disruption in the cryptocurrency market. Below are 5 noteworthy cryptocurrencies for AE to follow.
1. Dogecoin ($DOGE)
Current price: $0.43 Highlight: Dogecoin, often referred to as "the people's cryptocurrency," has been receiving strong attention from Elon Musk. With high liquidity and a large supportive community, DOGE has the potential to capitalize on the market revival. History shows that DOGE's price tends to surge during major events – Trump's inauguration could be the next catalyst.
Since June, when I heard the news about the possibility of interest rate cuts from the FED, I decided to pursue a bullish trend. I believe that after the FED announces the interest rate cuts and the elections go smoothly, the cryptocurrency market will become active again. During this time, I mainly limit short positions and focus on long ones, but overall, I am engaged less in futures and primarily in spot trading. In the short term, I will invest in other markets like forex... because the volatility will be less than futures. And I see that as long as there is stability in monetary policy, the crypto market will explode.
Currently, with the information about the new developments in the pandemic, I predict that more people will return to trading cryptocurrencies like during the 2020-2021 period. For example, my account has 100k; in the worst-case scenario, I could lose 50-70k. Conversely, in a good scenario, the account could multiply from 5 to 10 times, yielding profits from 400k to 900k—this was very common in 2021. Another possible scenario could be taking profits at 100k x2, but then the price skyrockets, making me regret not holding on.
People often say, "taking profits is never wrong," but if after taking profits, the price increases many times over, it will feel quite uncomfortable. However, I hope you all understand that I have bigger goals than just making money, and I am not overly concerned about financial issues.
If you have questions about technical analysis, entry points, stop loss, or take profit, I am ready to share. But if you wonder whether I should hold or take profits, remember that the outcomes will vary greatly depending on individual goals.
I told you guys, the market is liquidating with the subjects I've mentioned before, so don't panic, that was an opportunity for you to add more
Some of you are saying this and that, then complaining that the market has crashed and don't understand how to invest but I'm sure you're regretting and feeling FOMO now, right? #Uptrend $BTC #btc #Write2Earn!
The main target that MM is currently trying to shake off is the new F0 participants who recently joined; this will reduce the shaking off of this group, and the participants who joined in March will soon be back on shore.
After shaking off these two groups, the wave will be relatively light, and we will enter a bull run phase, with some coins potentially increasing by 5 to 10 times this week.
Let's try to get through this phase, everyone. If you are one of the two groups mentioned above, just hold on, and you will be able to reach the shore; don't sell at a loss to avoid later FOMOing at high prices. #thitruong #Uptrend #Downtrend #Write2Earn! $1MBABYDOGE