山寨季节如何到来
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When will the alt season come? You can focus on the BTC indicator
Bitcoin and other altcoins have recovered in price before Christmas. Bitcoin price has rebounded to $99,000, and the continued fomo sentiment of retail investors is expected to push its price to $100,000. From the on-chain data analysis, the number of Bitcoin wallets by size:
0-0.1 BTC wallets: 50.17 million
0.1-10 BTC wallets: 4.31 million
10-1,000 BTC wallets: 150,130
1,000+ BTC wallets: 2,050
Especially the latter two sets of data, as long as they increase in number and keep pace with the growth in holdings, the bull market is likely to continue and the alt season will arrive, just like the entire 2021 bull market.
0-0.1 BTC wallets: 50.17 million
0.1-10 BTC wallets: 4.31 million
10-1,000 BTC wallets: 150,130
1,000+ BTC wallets: 2,050
Especially the latter two sets of data, as long as they increase in number and keep pace with the growth in holdings, the bull market is likely to continue and the alt season will arrive, just like the entire 2021 bull market.
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Playing the coin circle - Chapter 8
What should we pay attention to when the altcoin season comes?
1️⃣ Blindly follow the trend without in-depth analysis
Many investors are easily attracted by tokens that appreciate rapidly, and this purchase behavior is often driven by market hype or personal emotions rather than based on solid analysis. This often leads to buying when the price reaches a peak and is about to pull back. Therefore, before making an investment decision, it is important to take the time to deeply understand the technical background and fundamentals of the project.
2️⃣ Lack of portfolio diversification
In the altcoin craze, it is extremely risky to bet all your funds on a single token. By diversifying your portfolio into multiple cryptocurrencies, you can effectively reduce the risk of a price crash in a single asset. Investing in projects with a reliable team and promising prospects can help protect your funds from market fluctuations.
3️⃣ Lack of a clear exit strategy
Many traders only focus on how to enter the market, but ignore the development of a clear exit plan. It is crucial to set reasonable profit targets and strictly implement them because market conditions change rapidly. A clear exit strategy ensures that you are not caught off guard when prices suddenly reverse, and avoids being trapped by the fear of missing out (FOMO).
4️⃣ Believing rumors instead of in-depth research
Haste investment decisions driven by market rumors often lead to poor investment choices. Investors should make judgments based on reliable research and analysis, rather than blindly following unconfirmed information.
5️⃣ Ignoring risk management measures
In the volatile market of cryptocurrency, risk management is particularly important. Ignoring the use of risk management tools such as stop-loss orders may put you at great risk of loss. Therefore, it is important to attach importance to and properly use these risk management methods.
6️⃣ Facing the next violent bull market, Sicong plans to ambush some tokens that are ready to explode, and also find some potential coins to get to the end of the year. Friends who like spot trading 👉 Main business search, get the latest strategies and detailed points!
$PEPE $SHIB $NEIRO #6万保卫战 #9月美国CPI实现6连降 #山寨季节如何到来 #meme板块关注热点
What should we pay attention to when the altcoin season comes?
1️⃣ Blindly follow the trend without in-depth analysis
Many investors are easily attracted by tokens that appreciate rapidly, and this purchase behavior is often driven by market hype or personal emotions rather than based on solid analysis. This often leads to buying when the price reaches a peak and is about to pull back. Therefore, before making an investment decision, it is important to take the time to deeply understand the technical background and fundamentals of the project.
2️⃣ Lack of portfolio diversification
In the altcoin craze, it is extremely risky to bet all your funds on a single token. By diversifying your portfolio into multiple cryptocurrencies, you can effectively reduce the risk of a price crash in a single asset. Investing in projects with a reliable team and promising prospects can help protect your funds from market fluctuations.
3️⃣ Lack of a clear exit strategy
Many traders only focus on how to enter the market, but ignore the development of a clear exit plan. It is crucial to set reasonable profit targets and strictly implement them because market conditions change rapidly. A clear exit strategy ensures that you are not caught off guard when prices suddenly reverse, and avoids being trapped by the fear of missing out (FOMO).
4️⃣ Believing rumors instead of in-depth research
Haste investment decisions driven by market rumors often lead to poor investment choices. Investors should make judgments based on reliable research and analysis, rather than blindly following unconfirmed information.
5️⃣ Ignoring risk management measures
In the volatile market of cryptocurrency, risk management is particularly important. Ignoring the use of risk management tools such as stop-loss orders may put you at great risk of loss. Therefore, it is important to attach importance to and properly use these risk management methods.
6️⃣ Facing the next violent bull market, Sicong plans to ambush some tokens that are ready to explode, and also find some potential coins to get to the end of the year. Friends who like spot trading 👉 Main business search, get the latest strategies and detailed points!
$PEPE $SHIB $NEIRO #6万保卫战 #9月美国CPI实现6连降 #山寨季节如何到来 #meme板块关注热点
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