The current market situation is increasingly similar to the eve of the 2021 crash. Another landmark event is about to take place, just like the presidential inauguration in 2024, similar to the Coinbase initial public offering (IPO) in 2021. Some specific altcoin markets are in chaos, and the Trump coin in 2024 is exactly the same as the various air coins (dogs) in 2021. Market sentiment is extremely high, and a series of out-of-circle events continue to occur, attracting a lot of attention and capital inflows. At this time, it is important to pay attention to risk control. The key to investment is not how much profit you have made on the current account, but how much profit you have successfully achieved. It is definitely a wise move to put profits in your pocket in a timely manner. After all, every time the market is crazy, it often leaves a mess, and history always repeats itself.
ETH's sudden small increase last night made everyone start to look forward to it again. How should we observe the next market and how to judge whether the trend is really rising? The following is the logic. There are two reasons for the sudden small increase:
- A series of negative information since Solana Mile issued the currency has allowed the public to tear off the mask of the conspiracy group. Fairness is a lie, which has led to some funds turning to ETH. - The HULEZHI incident suddenly fermented, and then the release of the HULEZHI meme caused ETH gas to soar, and gambling funds flowed back to ETH. Is it starting to prosper? Of course, I am happy about this wave of ETH. I hope ETH can rise, but I dare not enter the market with all my money. We must have our own observation logic: - 3015 above is the pressure level. I will observe whether ETH can break through the pressure level strongly. - Whether this wave of rise will continue, the best observation is to wait for it to fall back, and then see if it can increase in volume again and continue to create new highs. If the ETH trend can really be formed, I will gradually increase my positions in batches. The overall strategy is to defend while attacking in batches. Safety first!
Xiao Mei summarized a few trading experiences to share with everyone!
1. When trading cryptocurrencies, focus on those with strong trends. If unsure, you can refer to the 60-day moving average indicator; when the price is above the 60-day line, consider entering or increasing your position; however, if the price falls below the 60-day line, decisively exit. This strategy works well in most cases.
2. When encountering cryptocurrencies that have increased more than 50% in a short period, do not rush to chase high prices, as it can easily lead to panic. In fact, choosing to enter when the price is low not only carries relatively less risk but often has greater profit potential later on.
3. Generally, before a cryptocurrency experiences a significant rise, it will release some signals. For example, the price may show slight fluctuations, roughly within the range of 10% to 20%, while trading volume decreases. At this point, we can slowly buy in at a low price, and there’s a high probability we can ride the wave for a profit.
4. Once a new hotspot appears in the market, the first few days will definitely be very popular, and capital will pour in. We need to seize such good opportunities, closely follow the big money, and easily make some profit.
5. If a bear market arrives, you must control your hands and refrain from trading for at least six months. When the market is unfavorable, minimize operations, and understanding when to take a break is the mark of a true expert.
6. Every week, take some time to review your trading situation, not just looking at whether you made a profit or a loss, but examining whether the strategies you used were correct. If the strategy is right, continue to stick with it; if wrong, promptly adjust and improve. By doing this for a few months, your trading methods and mindset will become increasingly stable. #阿根廷总统MEME币争议
Recalling what the last bull market was like, and looking at the current cryptocurrency space, it reminds me of the Dark Forest Theory from The Three-Body Problem. The crypto world was originally a paradise where everyone could earn a little or a lot,
but due to the approval of Bitcoin ETFs, coupled with Trump’s continuous exposure after taking office, other civilizations learned about it and came to plunder. Anyone can issue a CA and take a sum of money from the crypto space and escape without any responsibility. The crypto world has become a gold rush, with at least twenty or thirty presidents issuing coins, along with various celebrities, while we retail investors are left suffering.
Recently, after AI has cooled off and following two poor countries' tax currencies, new main narratives have yet to emerge. Many people are leaving on-chain activities and returning to the secondary market. In the short term, the wealth creation effect of the secondary market will outweigh that of the primary market.
Recently, look more at the secondary market:
1. Those that have experienced at least one round of cycle washing with sufficient consensus
2. Those with actual business and decent cash flow
3. Or old coins that have transitioned to new businesses this round, with favorable stimuli; the major players will likely cooperate for a price rally.
Remember not to:
1. Play with new coins; at least wait for them to drop for half a year before playing to help you avoid 90% of the pitfalls
2. Do not buy into cooled-off sectors or meme coins that the major players have abandoned, such as bome, inscriptions, btc ecosystem, nft ecosystem, gamefi ecosystem, eth l2; instead, look for core sectors like defi, ai, layer one public chains, and old blue-chip memes.
Xiaomei shares a few tips for trading coins with the brothers, helping you achieve more with less effort in your operations!
1. Stay still during sideways movement, wait for a clear direction before acting When the market is unclear, don’t rush to act. Be patient and wait for a clear direction before taking action to ensure secure profits.
2. Don’t get addicted to hot positions, switch positions in time Don’t blindly hold onto popular positions; when the heat fades and funds withdraw, quickly adjust your positions to avoid losses.
3. Hold steady during an upward trend When you encounter a big bullish candlestick and increased volume, it means the market is accelerating. At this time, hold onto your coins and wait for a higher increase.
4. Exit at the end of a massive bullish line Regardless of high or low positions, a massive bullish line usually indicates a pullback afterwards. Even at a limit up, exit in time to lock in profits.
5. Observe moving averages for entry and exit Moving averages, support levels, and resistance levels are key. Pay attention to trends over a few days when doing short-term trades.
6. Don’t sell when it rises, don’t buy when it drops In the crypto world, the rule is don’t sell at high prices, don’t buy at low prices, and patiently wait for opportunities during sideways movement.
7. Buy in small amounts, prepare first Don’t invest all your funds at once. Before operating, clarify your reasons for buying and risk mitigation measures to ensure stable profits.
Remember these tips, and stable profits will no longer be difficult! Wishing everyone stable profits!
This world is not as elegant as you think Behind the glamorous facade are a bunch of sordid affairs Even the president's words sound like flatulence Do not overlook human nature's flaws because of one's status171213,1K
CZ seems to be quite good at creating momentum. His goal is not solely focused on memes, but rather on promoting the growth and development of BSC. Therefore, what CZ hopes to see is a flourishing environment rather than a situation where only one stands out.
Based on this, CZ will not release CA on his own. He hopes that everyone will participate in releasing CA and see who can ultimately stand out, so he can support them. In this way, it can maximize the participation of market participants in holding and engaging with BNB. Although this approach gives scammers an opportunity, it is also a filtering mechanism of the market; the market is inherently cruel and bloody, which is an undeniable reality.
Big Brother's original intention is good, however, scammers are rampant, and many people have fallen victim to them. So, is there a better way? How should we proceed in the future to avoid being exploited by scammers and truly create a prosperous scene for BSC...?
Sector rotation: From SOL to BSC, who is next? The first wave: PVP casino market driven by SOL SOL has successfully attracted a large amount of funds and users with its high performance and low fees, becoming the leader of the previous round of market. The second wave: BSC market led by Binance The outbreak of Binance ecology has made BSC the focus, and tokens such as CAKE have doubled in a few days, and CZ's shouting has further fueled the trend. The third wave: Ethereum-related market With the steady rise of Bitcoin and the approaching expectation of Ethereum upgrade, Ethereum and its ecological projects (such as Layer2, DeFi, NFT) are expected to become the core of the next wave of market.
Why is the CPI data negative, yet the market has rebounded?
This is mainly because Trump and Powell released some positive news, temporarily stabilizing market sentiment.
Yesterday, Powell clearly stated during a hearing when asked about the relationship between banks and cryptocurrencies: "We do not want to hinder banks from providing services to fully legal cryptocurrency users." He also emphasized that the Federal Reserve does not wish to over-intervene; in fact, many activities related to cryptocurrencies can already be conducted within banks.
This means that the Federal Reserve has loosened the cooperation between banks and cryptocurrencies, especially after the SEC revoked SAB121, allowing banks to engage in deeper collaboration with cryptocurrencies, such as accepting stablecoins, custody of crypto assets, and cryptocurrency-based loans.
This is a long-term positive for the cryptocurrency industry and has warmed up market sentiment.
This market is really speechless. Is the money-making effect really only for Bitcoin? Is Bitcoin the consensus?
Trump should also come to an end. After all, the market value is so large, and it is unlikely that you can make several times or even dozens of times more.
In fact, there are 1-2 opportunities in the cryptocurrency circle every year, such as Ordi at the end of the previous year, TRB at the end of last year, and Trump this year. These coins all generate large returns in a short period of time. It is very comfortable to catch a wave.
1. South Korea's Upbit exchange suspected of over 500,000 KYC violations, may face a $34.3 billion fine 2. USDC Treasury issues an additional 250 million USDC on the Solana chain 3. Potential large-scale changes in the leadership of the Ethereum Foundation, Vitalik Buterin discusses the goals of foundation reform 4. The U.S. SEC sues Nova Labs for alleged securities violations and investment fraud 5. Moonshot tops the Apple App Store's free finance app rankings in the U.S.
1. Coinbase CEO: Supports the establishment of a Bitcoin strategic reserve and the creation of a special economic zone for digital assets 2. Seven states in the U.S. push for legislation on 'strategic Bitcoin reserves', with varying content and implementation methods 3. Two men from Los Angeles planned a $100 million cryptocurrency heist and have pleaded guilty 4. Digital Currency Group's (DCG) lending platform Genesis fined $38 million for fraudulent activities 5. Japanese listed company Metaplanet's market value surpasses $1 billion for the first time after adopting Bitcoin as a reserve asset
Technical analysis of the futures market divides the market into three trends:
1⃣ Uptrend: Both highs and lows are continually rising.
2⃣ Downtrend: Both highs and lows are declining.
3⃣ Sideways trend: Highs and lows are roughly parallel.
Yes, you heard that right, sideways is also considered a trend.
Starting from October 2024, BTC entered an uptrend (highs and lows are rising), and then by mid-December, it transitioned to a consolidation phase (highs and lows are parallel).
So right now, BTC is in a consolidation phase, which means a consolidation strategy should be adopted, rather than blindly chasing ups and downs.
Understanding this is more important than blindly guessing whether BTC will go up or down today.