I personally believe BTC is about to enter a period of fluctuation.
Currently, the market shows that without any catalyst, it cannot break the 110,000 mark, and many early purchasers are likely to sell at this price and wait for a lower price to buy back.
From the daily liquidation map, it can be seen that the bears are greater than the bulls. In the short term, it is unclear how it will move; it may first test the 102500-100800 range and then rebound.
The specific market trend is very tense; as long as the market does not break the 100,000 position, it can be mainly bullish. If it breaks below 100,000, it will form an M top on the 4-hour line.
The trading sentiment in the qi goods market continues to decline; the fluctuation will last at least until Friday's macro data is released, and may even continue until next week...
Directly to the conclusion, bullish or bearish?
In the short term, there may still be a small-level liquidation market for 106600+, so in the short term, it can be seen as bullish, but from a long-term perspective and new trend direction, it is still unclear.
Ethereum has recently rebounded strongly, and the market is looking forward to a bigger 'black swan' coming!
This indicates the decline of Bitcoin's dominance, with funds pouring into small and medium altcoins, creating a new round of altcoin season. Both ETF and spot investors are in a wait-and-see mode, with ETH and BTC alike. A pullback? Not likely! The five tigers of bottom-fishing will sweep the market!
RATO and GASS, the collision of cat and mouse! What sparks can fly?
A brother asked how GASS is doing this morning; here’s a brief comment, without making any investment advice.
After the narrative of the mouse RATO came out, many other character tokens from the same comic IP appeared, with the most tokens issued probably being the villain GASS cat from the comic!
But there are too many tokens; I bought two before, and only @GasspasCat has come out, currently valued at over a million, with more than 1600 holders, and the previous high was close to 3 million. The official Twitter style is somewhat similar to the mouse RATO because they belong to the same IP. The upper limit of GASS cat depends on the upper limit of RATO. After all, the leading effect of the mouse is already very obvious. Simply put, the price movement of GASS cat will follow that of the mouse RATO but will not exceed it. The expectations for the cat are lower than that of the mouse.
If RATO is in the tens of millions, GASS cat would be in the millions; if RATO is in the hundreds of millions, GASS is likely in the tens of millions. Brothers who want to buy can also reference the mouse's trend for positioning!
$ORDI
$ORDI, as an early inscription, the increase is really not impressive. The main reason is that there are a large number of trapped positions above. Watching other coins rise while the ones you hold do not rise. If the market rises to the breakeven price, most people will choose to sell.
Currently, $12.8 is the starting point of the February decline. Many users are trapped at this level, and to rise, the chips in this range must be digested. Therefore, it is not recommended to enter at this position; waiting for a pullback to the $10-$9 level is advisable.
Alternatively, you could wait for a breakout above $12.8 and stabilize at above $13.2 to enter on the right side, with a stop loss not needing to be too much—$12.5-$12.2 is sufficient.
The five kings of this rebound: Pepe, SUI, Pengu, Virtual, Bonk!
1. AI track leader VIRTUAL: The strongest king of AI + Crypto, technology crushes peers, buying the dip is like giving away money!
2. SUI: Saw 4.85-5.00.
3. Doge: Saw 0.3685. The weekly MACD is about to golden cross.
5.fet: Saw 1.35.
6. ada: Saw 1.085.
7. xrp: Saw 2.95-3.00.
ps: The above is a suggested selling price. If you believe it will rise higher, hold it long, and decide for yourself.
Let's talk about my position building strategy:
At this stage, the risk of chasing highs is considerable, making position building especially critical. Here I share a strategy I have long practiced—Dumbbell Positioning Strategy, balancing offense and defense, suitable for bullish market rotation:
1. The main position is 4 parts. If the investment is too large, it does not comply with the strategy; if the investment is too small, it loses the meaning of trading, because once luck is good and the main position hits the starting point of the market, the difficulty of increasing the position will be higher, facing more choices.
2. Middle position with 2 parts. Regular investment; if the market is moving according to your thinking and there are no essential changes or new major variables appearing, then these 2 parts should be invested according to price, time, or the pre-planned plan, with the aim of increasing the position.
3. The real difficulty lies in the last 4 positions. Because once these 4 positions are put in, according to the trading plan, you are already fully invested; the key point is:
1) The last 4 positions are the process of finding the second peak. You need to set a stop loss; if you believe it is the second peak and invest, if confirmed it is not, you need to stop loss.
2) Need to create space from the main position.