Bitcoin is still fluctuating in the 94-95k range, slightly dropping below 94k. Currently, the trend for Bitcoin is still upward, but be cautious of the possibility of peak predation. The short liquidity around 96500 has reached a peak that can be liquidated, which is very similar to the previous situation of breaking through 85000 completely.
On the other hand, the liquidity gap of 97k to 98k has not yet been fully filled, so there is a high probability that 96500 will be liquidated in the short-term market; however, whether it can finally enter the liquidation zone above 98k is still very uncertain for Sweet Dream... On Wednesday, the small non-farm payroll and GDP will undoubtedly bring huge volatility to the market. Theoretically, there are two scripts: If the data is good: the price will liquidate the short-term short liquidity above 96500, and will directly pull towards 9.8-10w, followed by a price correction, returning to the current fluctuation range; if the data is bearish, it will be bad: the price will not liquidate the short liquidity of 96500 and will begin to correct directly; If the subsequent increase in long liquidity is not too aggressive, and the overall leverage is not too high, then after a round of correction, the price may still rise again to liquidate the short liquidity of 96500. So prepare for both scenarios: (1) After the second breakthrough at 95750, there will be a new high, and high short positions need to defend 96000. (2) Low long positions are relatively simpler, with a break-even loss around or near 93600; if 93600 breaks, then enter low at 93350-92800. The support around 9.3w is quite strong; if it breaks here, it will escalate to daily level adjustments, i.e., a correction to the 92000-90000 level. If it holds the support for a rebound, the adjustment will end, and it will choose an upward direction. Currently, there is no top divergence on the daily chart, the short-term bias is bullish, and one should be cautious in chasing shorts; only short when there is a high point. ALPACA, the ten-day hundred-fold token - the delisting of Alpaca from Binance was actually a dark scheme.
After ALPACA's delisting vote on Binance began, it surged and plummeted, in just a few days, rising from a low of 0.0278 to 0.95, with an increase of several dozen times. Yesterday, ALPACA dropped from a high of 0.34 to 0.06, and many thought it was nearly over and would go short; as a result, ALPACA surged again by several times.
The tokens delisted by Binance that can be ramped up without restraint are extremely rare; they usually drop to the bottom and then double or triple, but most likely they will drop back down, and most are in a state of infinite decline. This is the previous inertia, and it's the script that everyone thinks is true, so most people won't invest large sums of money in tokens that Binance delists, only a small number will speculate a bit. Recently, some people have been risking their lives to bet on ALPACA's decline, and they have already lost everything; this serves as another bloody lesson: Yesterday, Sweet Dream also analyzed the reasons behind ALPACA's delisting in the community group, for those that are too hot and whose contract trading volume is much higher than spot trading, one should maintain sufficient respect; the best way is to do less or not at all.
In addition, it can be confirmed: Binance's delisting of ALPACA was not a spur-of-the-moment decision, but rather a premeditated scheme, and this scheme could not be accomplished by a small project alone; it must have involved collaboration with the Binance exchange. Is Trump going to issue tokens again? Following NFT, WLFI, and TRUMP, the fourth token related to Trump is about to be released. According to the shareholder letter this morning, the digital wallet Truth plans to issue a utility token that can be subscribed for related paid services, which can be understood as the platform token for the wallet.
I'll give you a script: 1. Everyone starts cursing, Trump comes to pull money from the crypto circle; 2. Then the smartest group is already prepared, as soon as the market opens, they start rushing in, saying out loud that whoever rushes in is an idiot, but thinking in their hearts that whoever doesn't rush in first is the real idiot; 3. Then, FOMO emotions begin to spread, even those who firmly resist rushing at the opening can't help but start rushing; 4. After all, the president's token issuance will still be very hot, but the sustainability should be a bit worse than the first one; 5. According to the process, it should be listed, and this time the controlling team is very likely to be more professional; 6. In the end, it's a mess, with the overall crypto market diving down, leaving a group of people who didn't make money and are reluctant to leave, staring blankly. That's it for today's article, everyone, click to subscribe and let's achieve financial freedom together in this round of bull market.
