I've been in the square for three weeks now, and many coins have been mentioned in the discussions here, perfect for a summary on a Sunday!
BTC, ETH, SOL, with both spot and contracts, the rest are all spot.
On November 24, which was the second week since I came to the square, Bitcoin's attempt to hit 100,000 failed, and I predicted the following market for BTC would be a dual explosion of both long and short, until December 6, just the day before yesterday. Bitcoin first faked a breakout at 100,000 and then plummeted over 10,000 dollars. The consolidation of the rise from 90,000 to 104,000 might just have ended. The Bitcoin price movements during this period, as I said, were a dual explosion of both long and short. Moreover, the low point of this rise has been established (90,500), and there shouldn't be a lower position than this in the upcoming market, while my leverage is also gradually increasing.
Ethereum, after moving to the square for just a couple of days, I saw Ethereum reach the arrow position, decisively went long, and promised to arrive with 4000 in December, which can be considered as fulfilling the agreement. During the fluctuations of Bitcoin, Ethereum surged ahead, which is what I mean by each coin has its own character (see homepage for details)!
Sol, currently one of the strongest mainstream coins, but I have never said I would get on board, as my timing for entering the square wasn't great. I waited until Sol dropped to 138 before buying back, because 250-270 for Sol is the strong resistance area from the last round, not something that can rise immediately. Currently, Sol is still slightly in loss, but we believe it can eventually break through the previous bull market's high and embark on a new journey!
Additionally, in the square discussions, XRP was pursued quite high, and several posts were made, primarily when many people in the square were in the strong rising phase of XRP just reaching 1.9, without seeing a turning point, violently shorting XRP while being bullish on their own holdings. Some of these had quite a large following, and many people ended up believing in the collapse of XRP and went short, leading to significant losses. I have always emphasized, do not short in a bull market; this is very important! Moreover, we are only at the early stage of the bull market! In the last two rounds, XRP indeed acted like the apocalypse chariot, driving up the price, and then collapsing, but this round has just begun, and it's different from before. The crypto space is gradually changing from what it used to be, which I will discuss in detail later. Experience is very important, but experience can only serve as a reference and should not be the basis for decision-making! Once again, I emphasize, never short in a bull market! The reasoning can be found on my homepage, where I have discussed it!
I entered the market in 2017, and can be considered to have experienced quite a bit of ups and downs in the crypto space. I came to the square mainly to share and communicate, hoping my presence can bring some valuable insights on trading and coin speculation to everyone! (All statements do not constitute investment advice!)
$BTC Bitcoin should soon stand above 100,000 again and initiate a new round of charge! Aiming for 140,000, let's hold our coins and wait for the rise together! #BTC能站稳10W吗?
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