In the current market, Bitcoin is fluctuating at a high level, and structurally, there is no problem. At this position, strong supply is not likely to appear. Only after a breakout will there be significant selling pressure, so if it breaks out, closely monitor the breakout pattern and volume. The resistance level is around 110,000.
If the market breaks out, there is a high probability of a pullback after reaching a peak, which is known as a false breakout. It's challenging to initiate a new upward trend at this position. We must remain vigilant about the risk of a double top in a larger cycle.
Ethereum linkage has yet to show obvious signs of speculative funding.
The altcoin market is linked; some MEME projects are experiencing strong rises, while the overall market is primarily driven by linkages, and the funds have yet to enter an active state.
As a seasoned creator deeply rooted in the crypto space for many years, I closely monitor every subtle movement in the industry. By integrating various factors such as technological innovation, market trends, and ecological development, I have selected the three most worthwhile cryptocurrencies to invest in right now.
BONK
The end of the triangle convergence has indicated a breakout. If we measure the opening of the convergence using Fibonacci retracement from high to low, the first breakout of convergence has seen the price reaching the 3 Fib position after a new high. After reaching a historical high, BONK also entered a descending triangle convergence, with false breakouts and retests of the support base during the process. Similarly, we are now at the end of convergence and have currently broken out.
RENDER
With both AI and DePIN as dual tracks, as AI and 3D content become increasingly important in digital innovation, Render's practicality may drive a new market trend. The fundamentals are quite solid; it just needs a catalyst for an explosion. In terms of patterns, there is strong support at the bottom, and once the upper trend line is broken, long-term support is seen around 6.
NYLA
The fundamentals of the NYLA project are very good. Bonk's AI is on the rise. As the wave of AI truly arrives, projects are popping up one after another, and everyone is looking for 'usable' technological infrastructure. NYLA, as the earliest launched and most complete transfer + exchange solution, has already connected X and TG, with users continuously pouring in and the ecosystem rapidly expanding.
Currently, NYLA is at the zero axis on the daily chart, without acceleration, and is in the same box as useless and hosico. The 5m is underestimated; once the flywheel starts, NYLA will be the first to capture the flow.
BlueChip
It has been on the Bonk platform for a while now, with good heat and narrative performance. After a recent market discussion, it experienced a wave of consolidation, and currently, the price-performance ratio is prominent. Some short-term investors have already exited, but there is still room for further price increases. The Bonk ecosystem is currently strong, driven by Ussless, and the hype may continue until Ussless cools down. It is recommended to pay attention to leading projects.
Is theory useful? Sometimes yes, sometimes no; it's a simple principle. The same theory used by 1,000 people can yield 1,000 different results. Anyone who thinks they understand the theory well enough to navigate the crypto market is likely still waking up. Everyone has their own suitable approach, and playing is part of it. However, in my view, regardless of the approach, the key lies in mindset; that is the essence. The more we go on, the more we realize that in the end, investing is about mindset.
A good mindset, especially reflected in patience, means that there are no difficult tasks in the world; what we fear is a lack of patience. Over the years, the proliferation of the internet has consumed countless people's patience. However, being patient is one of the essential qualities for achieving anything, especially in the crypto market. Coming in with the mindset of becoming rich overnight and leaving with barely anything is now common in the circle. Some say that random punches can kill a master; can my chaos not take down the trader? The answer is no. Rest assured, a qualified trader will definitely understand human nature better than you and can also perceive the psychology of retail investors. Every operation gives you the feeling that you want it but can’t have it, waiting to bloom yet hesitant to speak. Countless temptations culminate into one sentence—cutting your leeks.
With a good mindset, Yuan is now serious and dedicated. The world fears seriousness the most; playing with crypto is not that simple. It truly requires time to settle down. Maintaining a high volume of information input is the basis for keeping your energy. Be serious, calm down, and study hard; this market has great opportunities!
Conversely, messing around will inevitably lead to elimination by the market. There’s no other way; this world has always been this fair.
In fact, for most people, developing a good mindset is easy. Use money that does not affect your life to participate, and take it as if you have already lost it. Maybe a few years later, there will be surprises. This kind of mindset will not lead to a bad life. In contrast, entering the market with debt is like playing with fire and holding a bomb; it’s always stressful. High-stakes gambling is really not recommended.
In summary, playing with crypto is fundamentally about risk control; it’s both complex and simple. The complexity lies in needing strong comprehensive qualities, while the simplicity is that buying and selling is just that—nothing else.
After seeing all this clearly, whether in mindset or investment strategy, there is significant room for improvement; profit is merely a matter of how much.
With a good mindset, you won't envy how much others earn and how they do it. Remember this: earning money that you can spend is the true way; freedom is more important than anything else. The kind of money you earn reflects the kind of heart you have. If you stay true to your heart, you will have a future. Since you don't know someone else's past, don't envy their present; and don't speculate on their future. It's best to stay steady. In these times, just do your best and don't worry about the future. Move forward steadily; with effort, there will definitely be rewards.
Investing in hard drive mining coins is like climbing a mountain with no peak or summit. BHD Bitcoin has dropped hundreds of times, MASS has dropped hundreds of times, XCH has dropped dozens of times, and the leading coin FIL has dropped more than ten times. Retail investors have lost confidence in this, but wise people only look forward; the smart know to look back. A smart person is one who conquers others.
A wise person is someone who conquers themselves. Cultivating the mind should focus on a pure heart, and investing should be viewed with insight from a distance. The path of stable investment doesn't involve dreaming of becoming rich overnight; accumulating small wins into larger victories is the correct investment mindset.
Still, the same saying: If you don't know how to operate in a bull market, click on Kuige's avatar to follow, for bull market spot planning and contract secrets, shared freely.
