Avoiding fate, escaping karma, various shackles confine the true self. Following fate, accepting karma, today I come to know that I am me. The recently launched Luohe number used boat number 545. That is, I am me, which just echoes the saying in Wang Yangming's (Yangming School of Mind) teachings. Just in January 2025, 600,000 new coins were born in the primary market of counterfeit dogs, and 99% of these 600,000 new coins peaked upon listing. Some were pumped and then dumped to zero, while others directly rug-pulled and ran away, with less than 1% surviving. Just last week, the presidents of South Africa and Argentina successively issued presidential coins after Trump. However, none lasted 24 hours and all quickly returned to zero, soft rug-pulling. It is estimated that not many have heard of these two; most are highly sensitive scientists and KOLs rushing into the market, quickly going to zero. Binance, as the world's number one exchange, has also seen new coins reach their peak immediately upon listing in the past month. Everyone believes this is a systemic flaw of Binance, announcing listing information a few hours in advance. This allows smart money to rush onto the chain, often encountering large sell-offs after listing. This has led to a consensus that new coins listed on Binance should be shorted, likely leading to another wave of bearish trends. This has almost eliminated the profit effect in Binance's spot market. At the end of September last year, CZ, who had just been released from prison, was also extremely angry about this, continuously voicing his concerns on X. Prior to this, He Yi's scandals made everyone suspicious of Binance's coin listing operations. Even though He Yi did a 6-hour live broadcast at Binance Square, most retail investors have completely lost confidence in new coins listed on Binance. This has caused BNB's price to hit rock bottom during the early market. However, the day before yesterday, CZ posted a picture of the dog he raised for a year. Although he did not issue a coin, hundreds of dogs named Broccoli emerged on the chain, initiating a battle of hundreds of dogs on the Binance chain. At the same time, CZ announced several new policies for BNB, which allowed BNB, under the banner of decentralization, to rebound under centralized operations, even briefly bouncing back above $700. However, this temporary good news cannot change the trend of BNB being weaker than BTC; thus, at this current time, BNB has returned to around $650.
Regarding this round of BNB market, you can understand that the first Bitcoin halving is Bitcoin's solid phase. The second Bitcoin halving is Bitcoin's liquid phase, and the third Bitcoin halving market is Bitcoin's gaseous phase. Currently, the Bitcoin market is in its ionized state. During this stage, Bitcoin's trading volume is highly active, and the price is very stable. Meanwhile, in the ionized state, Bitcoin has generated dozens of key public links, including BNB, ETH, SOL, and millions of altcoin ecosystems. Although most altcoins are malicious, they have also allowed more value to transfer towards public chains and BTC's value. Therefore, I also tell many fans that this year, almost all altcoins have not outperformed Bitcoin, and investing in Bitcoin may yield more stable returns. Playing with counterfeit dogs is almost a one-way street. At the same time, I have also focused on a few specific coins that are strong relative to Bitcoin in the short term, including OM, which has been leading the rise recently. However, the sustainability of these strong altcoins is questionable because the chips are often highly concentrated in the hands of market makers. After aggressive churning, the chips become concentrated in the hands of market makers again. They quickly raise the price, take a short pause, raise it again, pause again, and then raise again. These opaque altcoins often lack sustainability and may take the opportunity to distribute at unknown high points, leaving investors hanging at highs. Unlike Bitcoin, which undergoes solid, liquid, and gaseous churning in every cycle, where chips are cleaned multiple times, ancient chips are rare. There is no need to worry about more ancient chips being released at certain stages. However, the vast majority of altcoins, counterfeit dogs, and almost all projects in the so-called primary market, which have highly concentrated chips, face significant risks of concentrated releases. Therefore, in the 2025 Bitcoin ionized market, cherish life and stay away from counterfeit dogs.
Last month, in the member group and YouTube videos, I mentioned LTC, Bitcoin's solid phase, during the first halving bull market of Bitcoin. There is now the concept of Litecoin, which many now perceive as Bitcoin's Dogecoin. Its output is similar to that of Dogecoin, and Litecoin can even be mined using Dogecoin mining machines. Of course, you can understand that Litecoin mining machines can also produce Dogecoin. This is not something to argue about; they are roughly the same. Dogs are Litecoin, and Litecoin is also a kind of dog. This year, Litecoin's hype concept is different from the last round; last round, it was hyped for the Lightning Network. Now, many public chains are fast, and GAS is cheap, so Litecoin is hyping a new concept. The first point is that Litecoin still uses the POW mechanism, and it needs mining machines to mine. Since mining machines are used, electricity consumption is involved, which is related to Bitcoin's mining mechanism. The second point is that it is also associated with Musk's DOGE; it can be mined with the same mining machine, connecting it to Musk. The third hype is regarding the U.S. SEC expectations, which could make Litecoin, which was promoted during the first halving bull market, be treated as stocks in this round of bull market, meaning playing Litecoin is like playing U.S. stocks. So, under the pressure of these favorable conditions, and with the premise that more counterfeit dogs are going to zero, we now see the daily level LTC/BTC showing strength and standing firm on the MA200 trend. Therefore, besides focusing on Bitcoin, LTC can also be worth a look.
At the same time, more fans are asking me about Ethereum in this round of market, but in the past year, Ethereum has been weak compared to BTC. This can be seen from the ETH/BTC trend, which has shown continuous decline for a year, and so far, there has not been a good rebound. In the first part of my book (K-line Western Journey Strategy), the title of the fourth chapter states that longs are born from longs, and shorts are born from shorts. Based on this view, before the bullish trend of ETH is fully confirmed, entering ETH is a left-side trade, while left-side trading is a predictive action that has not yet emerged on the right side. The ultimate uncertainty on the right side may bring greater risks to ETH investors. Therefore, you will never know if there will be a right side, because shorts can only lead to shorts, and as long as the bullish trend has not emerged, it is still a bearish market for ETH. So entering the market with fantasies may lead to greater losses, and over time, these losses may not necessarily be compensated by a right-side trend. This is something to be cautious about in left-side trading.
Due to the level of difficulty, the views expressed in this article are for reference only. They should not be taken as investment advice. Everyone is welcome to like and share, so that more friends can benefit from reading (K-line Western Journey Strategy).
