Nearly 200,000 people liquidated globally in the last 24 hours?
Main cryptocurrency liquidation amount:
$BTC: $341 million
$ETH: $284 million
$SOL: $2552.60 million
Total of other cryptocurrencies: $4745.16 million
Number of liquidated individuals: 186,662 people
Total liquidation amount: $863 million
Largest single liquidation: Occurred in the BTCUSDT trading pair on Binance, with a liquidation value of $11.96 million!
The recent liquidation wave in Ethereum is quickly surpassing that of Bitcoin. The market makers have achieved their goal; when many people criticize Ethereum, it is when Ethereum is rising, just like Solana around $15 back in the day!
Playing in the cryptocurrency space requires a mindset like that of a market maker; the information we see is often a smokescreen!
Previously, I told everyone to buy BTC at $76,000, ETH at $1,460, SOL at $100, PEPE at $657, and DOGE at $0.142. If you held onto them for two months, you should have made a fortune by now.
For those confused about the current market and lacking direction, you can follow Jingjing.
BTC has returned to the peak of $100,000; don't FOMO if you missed it. It's time to focus!
Bitcoin has returned to $100,000, ETH back to $2,000, and altcoins are following Bitcoin's upward trend, returning to that familiar taste. Many who missed the boat are anxious; the real bull market hasn’t arrived yet—what’s there to be anxious about!
BTC has returned to $100,000, but it is only a temporary new high and has not broken the previous high. In terms of how much it has risen, it is actually not much. However, the overall trend is positive, giving people hope. Currently, it is still a cycle of funds within the crypto industry. Recently, there has been a noticeable rotation between on-chain and altcoins. A few days ago, when on-chain was lively, altcoins were quiet. In the last couple of days, altcoins have started to rally while on-chain has quieted down again, indicating that the available funds remain the same. The real bull market comes from the influx of external funds, not the internal circulation of funds.
ETH is still the king of altcoins. Most of those holding $BTC are long-term holders who buy and generally do not move it, and some individuals and institutions hold for 5 to 10 years or more. It is almost impossible to increase turnover through wash trading. However, after ETH experienced significant selling by whales and widespread bearish sentiment among retail investors, now is the best time for the 'doge' to concentrate chips and push the price up. Saying that $4,000 or $5,000 is a bit far-fetched; reaching $3,000 this wave is still quite hopeful.
Additionally, if this wave of market activity is not a capital scam, the rise of Bitcoin doesn't significantly affect small holders with limited funds. If someone buys Bitcoin with a few hundred thousand USDT and it rises 10 points, that’s a considerable gain, while for someone with a few thousand USDT, a 10-point rise is only a few hundred USDT, which is negligible and wastes the opportunity.
To cross classes, you must work hard to find the best of the best. A broadly beneficial market can only allow you to enjoy a few more meals of pig trotters. Keep a close eye on sectors that may drive market hotspots, applications, and projects, especially new projects. When the market recovers, many projects are likely to choose to issue tokens at this stage, possibly forming a sector effect. This is the best opportunity for retail investors to turn things around; once there's a hint, enter decisively. You only need to bet right once in a wave of market activity.
Today's password recommendation: RSR
Reason: Looking at the shape, it’s a head-and-shoulders bottom. After breaking the neckline, the pullback stabilized upward, with a target price reaching the previous high. The neckline is an excellent entry point; if you are optimistic about the future, chase at market price.
Entry price: 0.010267 (market price)
Stop-loss price: 0.008528
Target price: 0.1428
Expected increase: 1290%
On-chain targets worth paying attention to
$koma looks like it has entered the market.
$jager is a dividend coin; holding dividends should allow you to break even within a day.
$btz looks to be creating an AI launch pool
$donkey rebounded strongly from a severe drop from $15 to $4m, and has already returned to alpha; now it's close to $10m.
Currently, most altcoins are essentially at a breakout structure on the daily chart.
For example, $BOME, $AR, $ACT, etc. If you want to break through on the daily chart, look for similar structures like those in the picture, enter after the breakout, and set your stop-loss at the recent low.
