币姥爷
--
February 11, 2025
The news of Binance selling coins has spread like wildfire. According to publicly disclosed data on its own funds, Binance has converted its own crypto assets into stablecoins. Among them, BTC, ETH, and SOL are almost liquidated, and only BNB is reduced by 16%. Looking back, Binance's reduction operation was almost sold at a high point. As for whether it will become the high point of this year, it is still unknown. However, Binance has mastered the first-hand data of the secondary market, and the conclusion of selling coins is still worth referring to. It's just that the current price has fallen. To some extent, it may also be Binance's liquidation, which contributed to the plunge on February 3.
Looking back at the 23 plunge, the price of the second retracement is the best opportunity to enter the market. However, not all coins have given the opportunity to retrace again. BTC, ETH, BNB, etc. have not fallen to the pin price again, which shows that there were irrational sell orders at the time, that is, the liquidation order caused by the liquidation. Judging from the price of the cottage, the second bottoming out has basically been completed. For example, the AI sector, which has been strong in recent days, has basically completed the second bottoming out on the 7th and 8th, and then rebounded strongly today. The leading AI16Z has more than doubled.
The price of the second bottoming out can be used as an entry point for bottom-fishing. This is purely a matter of experience, or an operation with a high probability of making money, but it is not absolute. For example, ETH did not give the opportunity to insert the pin low point, and some cottages will also fall below it. One is missing the opportunity, and the other is being trapped. In addition, why choose the AI concept and the new broken coins on Binance? The core logic is that this hot spot has not been fully hyped, and the probability of the main funds continuing to pull the market is relatively high. In other words, it is easier for the new coins to pull the market than the old coins.
As for the next market, I don’t think it will go up directly immediately, but the haze of the 23 plunge is gradually dissipating, and it still needs a volatile market to digest. The probability of continuing to plunge is not high, but it may fall to adjust. In any case, the chips in hand now are relatively precious in my opinion. Overall, it is mainly necessary to hold on to them. You can use some chips with large gains to make short trades, such as swarms and ai16z that I mentioned. They have risen a lot in the past few days. If the entry point is good and the money has doubled, then sell some and don't be reluctant.
Thanks for your attention and likes.
The news of Binance selling coins has spread like wildfire. According to publicly disclosed data on its own funds, Binance has converted its own crypto assets into stablecoins. Among them, BTC, ETH, and SOL are almost liquidated, and only BNB is reduced by 16%. Looking back, Binance's reduction operation was almost sold at a high point. As for whether it will become the high point of this year, it is still unknown. However, Binance has mastered the first-hand data of the secondary market, and the conclusion of selling coins is still worth referring to. It's just that the current price has fallen. To some extent, it may also be Binance's liquidation, which contributed to the plunge on February 3.
Looking back at the 23 plunge, the price of the second retracement is the best opportunity to enter the market. However, not all coins have given the opportunity to retrace again. BTC, ETH, BNB, etc. have not fallen to the pin price again, which shows that there were irrational sell orders at the time, that is, the liquidation order caused by the liquidation. Judging from the price of the cottage, the second bottoming out has basically been completed. For example, the AI sector, which has been strong in recent days, has basically completed the second bottoming out on the 7th and 8th, and then rebounded strongly today. The leading AI16Z has more than doubled.
The price of the second bottoming out can be used as an entry point for bottom-fishing. This is purely a matter of experience, or an operation with a high probability of making money, but it is not absolute. For example, ETH did not give the opportunity to insert the pin low point, and some cottages will also fall below it. One is missing the opportunity, and the other is being trapped. In addition, why choose the AI concept and the new broken coins on Binance? The core logic is that this hot spot has not been fully hyped, and the probability of the main funds continuing to pull the market is relatively high. In other words, it is easier for the new coins to pull the market than the old coins.
As for the next market, I don’t think it will go up directly immediately, but the haze of the 23 plunge is gradually dissipating, and it still needs a volatile market to digest. The probability of continuing to plunge is not high, but it may fall to adjust. In any case, the chips in hand now are relatively precious in my opinion. Overall, it is mainly necessary to hold on to them. You can use some chips with large gains to make short trades, such as swarms and ai16z that I mentioned. They have risen a lot in the past few days. If the entry point is good and the money has doubled, then sell some and don't be reluctant.
Thanks for your attention and likes.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.