I took the opportunity to buy at the bottom yesterday, but adding to my position today will cost me a few points more. Hi! Emotions seem to have reached an extreme point:
(1) Someone asked if it is a bear market?
How do you define a bear market? If we define it as a bull market from the breakout of the previous high (69k in 2021) to the peak of this round of bull market, then it is definitely a bull market now.
(2) Someone is waiting to buy at the bottom and asks when to add to my position?
For BTC, any time is an opportunity to buy. Don’t be greedy and always want to buy at the lowest point accurately. Buy in batches. Hold for ten years.
(3) Someone asked what coin to buy if the bull market returns in July and August?
ETH will rise first, and may return to 4,000 or even higher due to the approval of ETF (definitely) and inflow; SOL will still have momentum, and there are also potential expectations for SOL ETF;
ETH has finished rising, ban qun and Wei; 362014583 is the turn for the general rise of altcoins, don’t rush to hold a large position in altcoins, the thickness and liquidity of altcoins are insufficient; you can look at DeFi and infrastructure, aave, makerdao, uni, etc., which have experienced several rounds of bull and bear, have high circulation, fundamentals, teams, and income;
OP prices have returned to the beginning of the bull market in December last year, and VC coins represented by wld will continue to unlock.
The restaking narrative has come to an end, and Pendle TVL has dropped sharply. Whether it can return to the previous high remains to be considered;
Many high-quality altcoins have been oversold, with limited downward space and higher upward space; some altcoins do not necessarily have to be pulled up, think about whether they can outperform ETH when buying altcoins;
After a sharp drop back to the same starting line, it is still necessary to find a leader in the track with a fast rebound. As representative as possible, or listed on BN LP, avoid frequent high-buy and low-sell, and wait for happiness to knock on the door.
In the bull market, before each violent pull-up, the main force will definitely suppress the price by any means, forcing small retail investors to cut their losses and get off the car. The main force now wants to make small retail investors have the illusion that the market is about to collapse and a big drop is imminent. If they don't sell, the price will be lower and the account will shrink infinitely. But all this is just appearance! The real purpose of the main force is to make you see that your account has shrunk and you can't help but sell high and buy low. When the chips in the hands of small retail investors are reduced, the main force can more easily pull the market and control the market, trapping more people!This game is a thrilling contest between the main players and small retail investors.