On April 20, amidst a chorus of bearish wails, I wrote (key indicators suggest Bitcoin and altcoins will surge), and as of today, May 12, Bitcoin has already risen above 105,000.
My mid-term script judgment for Bitcoin has been perfectly realized.
The next phase will be a seemingly beautiful and dreamy but actually perilous time for retail investors.
At the bottom, anything you buy is right; even dog poop can bounce a few times.
Currently, there are signs of rotation among various altcoin sectors; for example, Bonk and Pnut have already risen three to four times from the bottom.
Some CSDFG bloggers have started to promote the illusion of new highs.
Remember my words, those who love to listen to KOL's explosive calls are the lowest tier of retail investors, who haven't even graduated from crypto kindergarten, and will definitely lose everything.
With the easing of the US-China trade conflict and the gradual implementation of interest rate cuts, if you don't withdraw in time, you might be buried again, resulting in either a total loss or a long bear market lasting one or two years.
Bitcoin can definitely still push a bit, and altcoins are also likely to surge; my advice is to take profits when you can.
The most optimistic scenario is that it continues to rise until the Fed's next interest rate cut, then there will be a wave of selling, a few months of consolidation, and when the Fed cuts rates to a low level, the doomsday carnival will start, bringing Bitcoin close to 150,000 dollars.
However, for altcoins, it is likely to continue the previous pattern of rising and falling, meaning a general surge of three to five times, a few reaching ten times, and then at the slightest disturbance, they fall back to where they started or even regress closer to zero.
The times have changed, the environment has changed; now the market is continuously producing, and there aren't enough fools; the value of shells from major exchanges is rapidly declining; the current industry environment is a boundless hell for pure diamond hands.
Institutions tend to concoct new concepts and new plates to cash out quickly, rather than using existing shells and narratives to continuously accumulate and distribute.
So, as soon as there is a pump, it enters a relatively poor entry window; you won't make much profit, and before you can escape, you'll lose everything.
Even if Bitcoin, which seems to always rise in the eyes of mortals, you jump in now, even if it surges to 150,000 each, it won't change your fate.
99% of people will just get a chicken leg even if you give them three to five times the return; it won't change your fate.
For outsiders, investing in crypto is even worse than a 1.6% interest rate on Alipay's financial products; after all, if you're not careful, you might end up buying a complete scam.
I'm tired of this, no more nonsense, remember my words: any coin that is currently being pumped is a scam; one principle: do not buy in.
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