The market has been very mediocre in recent days, neither going up nor down. It is tasteless to eat and a pity to throw away. The market is testing people's patience all the time. Only after going through thousands of trials and tribulations can you reap your own profits in this bloody market. What you earn is always the profit within your cognition, and losses must be caused by your cognition not reaching a certain level.
As of now, the US SEC has not appealed Grayscale's ruling. According to people familiar with the matter, the US SEC will not appeal Grayscale's ruling, which may pave the way for the agency to review Grayscale's Bitcoin B spot ETF application. This decision is due at 12:00 noon Beijing time today. If no appeal is filed, it will be good for the market.
Judging from Bitcoin's performance this morning, the bulls are ready to test the market and pull up the price. Although it rose and fell at 5 o'clock this morning, there is still hope for further rebound.
Since we are still in the context of high interest rates by the Federal Reserve, the long-term trend is still bearish, so trading can still maintain a high-altitude thinking. The risk of this rebound is greater than the benefit and can be abandoned. Under the background of the bearish trend of the monthly line, there is only one idea in trading: high-altitude. If you encounter a bullish strategy, you can abandon it. This trend will continue for at least 3 to 5 months. Experts look at trends, and leeks look at prices.
I don't know if you have paid attention to some altcoins. You will find that even if Bitcoin ETH and other currencies have fallen by a few points, these altcoins have actually fallen less, and even have a slight increase in the market. This has been the case in the past two months. This is because these altcoins have actually reached the bottom of this bear market before Bitcoin. I am not making this up. If you summarize the bottom time of the top 500 currencies in the last round, you will find that about 1/3-1/4 of the currencies actually reached the bottom earlier than Bitcoin. The revelation of this rule is that now there are actually some altcoins with low volatility and good fundamentals that can be bought at the bottom. I have recommended my VIP group friends to start buying a few.
Which currencies are most likely to achieve 10-50 times returns in the next bull market?
The times are different now. It is not like before when the value of Bitcoin could be increased by hundreds of times. In the past, Bitcoin could be increased by hundreds of times, but that is not the case now. It is difficult to increase by hundreds of times now, but 10-50 times is still possible.
Let me first talk about what is impossible:
It is unlikely that there are high market value and low circulation, such as Sui, which has a total market value of 7 billion U.S. dollars. It will be released when it rises. This kind of thing will not increase by many times, even 2-3 times is difficult. There are too many such cases, and I have said it many times before, so I will not repeat it.
Let me talk about the recent favorites:
As I have said before, there is no doubt that the POW BCH, ETC, ZEN, ZEC, BSV, etc. that will be halved next year, their market capitalizations are all higher than 100 million U. It is unrealistic to increase them by several times, but if it is a bull market, 5-10 times is possible, and if it is listed on EDX, 10-20 times is also possible.
There are also low market value POW:
For example, the market value of dnx is 20 million U, which has a lot of room for growth. I don't know much about mining or technology, so how optimistic can I be? Not really, I just say it looks good, the trend chart is beautiful, and POW is optimistic. There are not many new POWs with low market value. If you chase orders, you can't buy much money above ETC20. I bought a little at 17.5, and if it returns to 12-15, I will increase my position. Will it reach that? Who knows.
U.S. debt on the blockchain:
CMP AAVE MKR has such a high market value that it is impossible for it to increase by dozens of times. Under the bull market hype, 10 times is still possible. I have said before that COMP is better than RDT.
Don’t chase memes:
I like the two memes that Musk called out. Haha, in my mind, this kind of thing will not run away. If Pepe has popularity, I will wait for a 0 before buying. If it doesn't add, it will go up to Ladys. I bought it at 22. The market value is low, just over 10 million. This kind of meme can be dozens of times in a bull market. It may even be 50 times. In a real bull market, Ladys can reach tens of billions or even hundreds of billions (if Musk calls again). This is possible. It is possible to increase by a hundred times. Don't chase high prices. It is best to buy at 2-3 prices and keep a light position.
Ordi is also good and very popular!
lsdfi: I have written several articles about pendle, lbr, and flash. The total market value is high, and it has doubled recently. I don’t think it will increase tenfold. Normally, it will increase fivefold at most, unless there is a bull market.
ftx: ftx restarted, you can buy below ftt1, don't buy if it's higher. It will never return to the peak. At most it will rise to 5-10, and I won't wait, I will sell it when it rises to this level. I am satisfied. As long as I can reach that level, I will be happy to death, and it doesn't matter if I sell it quickly. Is it possible that the big investors are speculating on the shipment? It is possible, right? So there is no absolute, it just means that if you have a good price, you are unlikely to lose money.
OP ecosystem: sonne, there are many people who hope for OP, but there are no coins in OP ecosystem, one velodrome and one sonne. The market value is very low. I am sure that it is normal for these two projects to increase several times after the Cancun upgrade.
Liquidity pledge section:
LDO is promising, and there is still room, but not big. The advantage of SSV is that the market value is not too high, and it is fully circulated. Disadvantages: It is not on the main network. And it feels a bit bluffing to do something recently, a word game: it says that the main network call is online. Many people think it is the main network online. Anyway, everyone should pay attention.
Wait for new hot spots:
There will be more hot spots, once every 1-2 months. Don't be impatient. Don't be impatient when you don't have any orders. Wait for the opportunity. It's easy to lose money when you don't have the opportunity. Keep your hands well. The real 100x coin must be something you can't understand at the beginning, and everyone doesn't understand it, or don't know it, and haven't heard of it.
Pendle may be a 100x coin, it has already increased 30x, not many people know about it. Not to mention understanding it. I don't want a 100x, I'd be happy if I could get a few 10x. You should be optimistic, but keep a light position. It's just a copycat, put your big money in BTC. Try not to chase high prices. Do more research on your own. If you ask me which coin I am optimistic about, the next hot spot, every hot coin, you just need to know it earlier than others. $BTC