Fear of heights I think I was wrong. I have been afraid of heights since Bitcoin reached 95,000 because there has not been an effective callback in the past 20 days. I still think about Bitcoin in the way retail investors think. I think that Bitcoin will definitely fall if it rises. However, the market shows that any decline will be immediately recovered. I have been thinking about the driving factors of Bitcoin's rise in the past few days. The conclusion is that Bitcoin's 100,000 yuan may not be the top in the future. Bitcoin will continue to fluctuate and rise in the next few years or even more than ten years. 1. There is no obvious selling at the price of 98,000. In fact, retail investors are basically no longer eligible to participate at this price. Those who want to run have run away. Those who don't want to run are extreme believers and will not run at this price. Therefore, as Bitcoin rises, the selling will become less and less. 2. Micro Strategy continues to buy Bitcoin. Micro Strategy should be the craziest believer in Bitcoin. It currently holds about 280,000 Bitcoins. According to his analysis report in July, the price of Bitcoin in the bear market is 3 million yuan and the price in the bull market is 49 million yuan. Therefore, Micro Strategy continues to buy Bitcoin crazily. It borrows money to buy Bitcoin in the bear market and sells stocks to buy Bitcoin in the bull market. Now it is issuing bonds to buy Bitcoin. As the price of Bitcoin rises, more and more institutions are allocating Bitcoin. Demand is further strengthened 3. Trump's core mission after taking office is to resolve the US debt crisis. At present, there is no other effective way to peacefully resolve the US debt crisis except Bitcoin. Trump and Musk are both Bitcoin fanatics. They have repeatedly stated that they want to use Bitcoin as a reserve currency. Now Bitcoin has become a de facto circulating world currency. Black, white and gray all have rigid demand for Bitcoin 4. More and more institutions and wealthy people are beginning to allocate Bitcoin as risk reserves. I have a few friends who took out 5% of their assets to buy Bitcoin after Trump took office. This part of Bitcoin will basically not or rarely flow into the market 5. The game at the national level has just begun. No one dares to guarantee that Trump will use Bitcoin to resolve the US debt crisis and re-anchor Bitcoin and the US dollar And the success of the small country of El Salvador will further stimulate other small countries to buy Bitcoin as a reserve currency 6. ETFs such as BlackRock continue to buy Bitcoin. BlackRock manages more than 11.5 trillion U.S. dollars. It has spent so much time and energy on layout. It is impossible to stop at this price now. And BlackRock's demonstration effect is too strong 7. The UK has begun preparing to use 3% of its pension to buy Bitcoin
When XRP was at $0.5, I continuously shouted to build a position. Now those who enter are heroes. There are still people criticizing, saying that selling at this time is foolish, claiming XRP will surpass Ethereum. I can only wish you good luck. The market cap is already one trillion now. Remember, it's a liquid market cap of one trillion. What does that concept imply? Play with short positions; I'd rather earn less than get trapped. If you enter at this time, you might be stuck for a lifetime without being able to break free.
The total market value of XRP has surpassed that of China Construction Bank and will soon exceed that of Industrial and Commercial Bank of China. How bold people are; those who are chasing in now are the real heroes.
The circulating market value of $XRP has reached one trillion, with a total market value of 1.7 trillion. The new investors are still crazy, not looking at the market value but chasing the rise frantically. The old investors are fearful of heights in a bull market.
Buying on dips is the trend for a long time to come. The smile of shorting has never lasted more than 24 hours. It has been analyzed earlier that the buying pressure is too strong now. Never go against the trend. The market is always right. After a spike and washout, it continues to break out.
$FIL Not following the decline anymore, re-entered the position, sold off 5 points. Bitcoin is plummeting, yet FIL is surprisingly not dropping. The bull market might really be coming. I have taken a three-layer position. For veteran investors, the biggest risk in a bull market is selling off prematurely and missing out. After all, Grayscale has been continuously increasing its holdings, with costs all below 10 USD. Previously, I recommended buying FIL below 5 when it was at 3.8. A couple of days ago, I thought Bitcoin would pull back, so I sold off. From now on, I will hold steady and not pay attention to short-term fluctuations. $FIL
Fear of heights I think I was wrong. I have been afraid of heights since Bitcoin reached 95,000 because there has not been an effective callback in the past 20 days. I still think about Bitcoin in the way retail investors think. I think that Bitcoin will definitely fall if it rises. However, the market shows that any decline will be immediately recovered. I have been thinking about the driving factors of Bitcoin's rise in the past few days. The conclusion is that Bitcoin's 100,000 yuan may not be the top in the future. Bitcoin will continue to fluctuate and rise in the next few years or even more than ten years. 1. There is no obvious selling at the price of 98,000. In fact, retail investors are basically no longer eligible to participate at this price. Those who want to run have run away. Those who don't want to run are extreme believers and will not run at this price. Therefore, as Bitcoin rises, the selling will become less and less. 2. Micro Strategy continues to buy Bitcoin. Micro Strategy should be the craziest believer in Bitcoin. It currently holds about 280,000 Bitcoins. According to his analysis report in July, the price of Bitcoin in the bear market is 3 million yuan and the price in the bull market is 49 million yuan. Therefore, Micro Strategy continues to buy Bitcoin crazily. It borrows money to buy Bitcoin in the bear market and sells stocks to buy Bitcoin in the bull market. Now it is issuing bonds to buy Bitcoin. As the price of Bitcoin rises, more and more institutions are allocating Bitcoin. Demand is further strengthened 3. Trump's core mission after taking office is to resolve the US debt crisis. At present, there is no other effective way to peacefully resolve the US debt crisis except Bitcoin. Trump and Musk are both Bitcoin fanatics. They have repeatedly stated that they want to use Bitcoin as a reserve currency. Now Bitcoin has become a de facto circulating world currency. Black, white and gray all have a rigid demand for Bitcoin 4. More and more institutions and wealthy people are beginning to allocate Bitcoin as risk reserves. I have a few friends who took out 5% of their assets to buy Bitcoin after Trump took office. This part of Bitcoin will basically not or rarely flow into the market 5. The game at the national level has just begun. No one dares to guarantee that Trump will use Bitcoin to resolve the US debt crisis and re-anchor Bitcoin and the US dollar And the success of the small country of El Salvador will further stimulate other small countries to buy Bitcoin as a reserve currency 6. ETFs such as BlackRock continue to buy Bitcoin. BlackRock manages more than 11.5 trillion U.S. dollars. It has spent so much time and energy on layout. It is impossible to stop at this price now. And BlackRock's demonstration effect is too strong 7. The UK has begun preparing to use 3% of its pension to buy Bitcoin
Old coins have skyrocketed these days, while meme coins have fallen across the board. The funds in the market are still not enough to support a full bull market; it's just a transfer of existing funds. Now, old coins are basically all similar. Moving forward, it will either be meme coins catching up or a comprehensive decline.
Here, those who are long can take profit as much as possible, and if they can stop loss, they should do so without holding onto their positions. Tomorrow is Monday, and the market is likely to have significant fluctuations. There will definitely be opportunities in the market, so there is no need to rush into opening positions. Bitcoin has attempted to surge multiple times without breaking through 100,000. The bears have basically all been wiped out. It's really unnecessary to rush into opening positions for bottom fishing here; the risks are too high.
Retail investors are always the same. They are desperate and dare not buy at the bottom. They say there is no bull market. Then they see the price has increased several times and they chase it crazily. They say it is a crazy bull market. It is difficult for the market to have a sustained bull market now. The stock funds in the market are constantly changing hands. The meme series rose across the board a few days ago. Now there is not even a rebound. XRP, XLM, ADA and other large-cap old coins are being sold by dog dealers. A lot of people chased them. It is a crazy bull market. It would be strange if they didn’t lose money. The market will definitely fluctuate. Desperate traders build positions one after another and sell greedily. They would rather make less money than be trapped.
$FIL $XRP $LTC A few days ago I kept pushing these, but no one believed me. Now that they have already risen, please don't ask me if you can buy anymore. They have already increased so much, and if you ask me again if you can buy, I don't know.
$SCR can be considered for chasing current price 0.7 the first pre-market trading coin on Binance has been washed for a long time the popularity has always been very high retail investors and institutions are both losing money on this coin once this kind of coin releases volume it could directly multiply several times
Are those who have been shouting about the crazy bull market and desperately chasing the rise of altcoins and buying the bottom of Ethereum doing well these days? This round of bull market belongs to Bitcoin. There is no bull market for altcoins of Ethereum anymore. The meme system has plummeted across the board in the past few days. Everyone knows that meme is a greater fool game. Every time you open a position in desperation, you stop profit greedily. Don’t tell me what the situation is. Now any garbage meme has tens of billions as long as it is listed on Binance, and there are several new memes on the chain every second. The market has no long-term value at all. Except for Bitcoin, everything else is garbage.