Market research and judgment:
Yesterday's article talked about the deflation of Erbiye. As a result, Erbiye had a strong surge in the evening. This increase is quite sudden. The reason was mentioned yesterday. The surge of PEPE, aidoge, and these idiots caused the interaction on the chain to be extremely hot, and then the gas cost of interaction was also forced to increase. At one time, it was as high as two to three hundred dollars per transaction. This was a very crazy burning, which directly caused funds to pay attention to Erbiao. However, the exchange rate of the two cakes is quite embarrassing. In fact, the weekly and monthly lines have not been fully adjusted, and the pull up is just a wave. For the concept of deflation to really be hyped, quantitative changes must lead to qualitative changes.
In the morning, Bitcoin was once driven by the rise of Bitcoin and Bitcoin to nearly 30,000, and then quickly fell back. During the fall, I observed that the altcoins collapsed one after another. Some of the hot altcoins that I had paid attention to before basically declared a collapse. This means that this wave of altcoins has been declared over in advance. Even if Bitcoin has a chance to touch the 3.3 monthly line pressure in the future, it will only be a rebound for the altcoins.
Brother Rou reiterates once again that there is no money-making effect in the market. The popular currency PEPE on the chain is basically the end when it reaches ba. In the market where the existing funds are gaming, the old leeks rotate very quickly. PEPE will not be affected by the lack of money. When you go to ba, there will be a bunch of people waiting to take orders to raise the price. The old leeks who want to buy all have accounts and have already transferred to buy. Those who have not bought, like Rouge, will not pick up the orders as soon as they go online. , don’t even touch it.
Meat brother operation:
No action.
Brother Rou’s expected operations:
This morning, the pattern of Latiao once again encountered resistance and failed to break the position. This is already the fifth time on this consolidation platform, and the moving averages have begun to overlap. There is not much time left for Latiao. If it cannot effectively break through, the price will collapse with a group of people betting on halving. At present, the possibility is very high. The only thing that Brother Rou is more worried about is that Big Pie may go to 3.3 and complete a perfect technical form. This may make me feel uncomfortable. Of course, it doesn’t matter whether I go or not, but if I go, the technical form will be more standard. The only thing I have left is to be ready to make short spicy strips and big pancakes at any time. For the time being, I only hold the short position of Latiao, and the long position has not yet opened. #BTC #ltc #crypto2023 #ETH
