🔍 BTC stabilizes at the 100,000 mark, and ETH also drives the altcoins to catch up! How should we seize this opportunity?
✈️ Recently, the market is slowly improving. From a macro perspective, Trump is no longer shouting about firing Powell, plus the unemployment rate data released in May is good, and on-chain data also shows that the market is recovering; these are all positive news. 💯
However, there are too many variables in the market, and no one dares to be 100% certain. Based on time calculations, the next significant risk may not come until July, as new economic data will be announced then, and the 90-day deadline is approaching, which may bring new fluctuations.
Recently, Ethereum's trend 📈 has indeed been quite strong, reaching nearly 2480 yesterday. Although it's still a bit short of the 2600 resistance level, it has at least made a rebound. It is now stable above 2200, and there should be more room for movement ahead, targeting 2600-2800. Short-term support is at 2280-2320, and the resistance level is first looking at 2460-2560. Ethereum's strength is good for the entire market, especially after large institutions like BlackRock have started to act, increasing the popularity of ETH staking; this market trend feels a bit like last February.
🎯 How to select products for altcoins in the future?
Firstly, there are currently too many altcoins in the market, and the altcoin season is not played the same way as before. Moving forward, there will only be localized altcoin seasons, so the importance of product selection and our operational mindset shift is very high! 😥
1️⃣. From the perspective of future trends, about 90% of investment opportunities in altcoins are concentrated in small-cap varieties, specifically altcoins with a market value of under 100 million USD.
2️⃣. The profit space for large-cap altcoins is relatively limited, unless there is extremely favorable news, strong endorsements, or strong whales entering the market with high expectations; otherwise, it is difficult to see significant trends.
3️⃣. Paying attention to sector effects is crucial. Focusing on currently popular sector-themed altcoins often increases investment success rates.
4️⃣. Abandon excessive subjective speculation; pure daydreaming is of no value. Focus on understanding the intentions of main funds through market sentiment, position data, K-line trends, and other dimensions.
5️⃣. For every trade, regardless of profit or loss, a review and analysis must be conducted. Focus on analyzing the market-making tactics of the main players and gaining insights into the operations of the whales. At the same time, stay away from those ‘poor whales’ with weak financial strength to avoid losses.
6️⃣. Participate more in trading altcoins that can bring you profits. This is influenced by financial fortune, and achieving success multiple times in the same variety indicates that your investment logic aligns with the main players' logic, which will naturally increase the success rate of subsequent trades.
✔️ As long as you can skillfully master the market-making habits of 70% of the main altcoins, achieving positive profits in the long run is inevitable.
Altcoins will only rise in a few cases or through rotation, so it's essential to remember to take profits from the altcoins that have increased in value!
‼️ Don't be swayed by market emotions; opportunities are always there, but capital is not always available!
Spot trading should also include stop-loss measures; otherwise, the more losses you incur, the less willing you are to cut your losses.
In the end, being trapped several times or even more means you can only helplessly choose to lie flat!
The lone traveler moves swiftly, while the crowd goes far! I am Buddha, welcome everyone to discuss and exchange market insights together!#山寨币交易 #山寨季何时到来 #Pectra升级 #本周高光时刻