CoinGrandpa is always one step ahead of the market!
币姥爷
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February 27, 2025
Indeed, the weak rebound of the market indicates a short-term pullback again. It is worth noting that the main force behind this decline is BTC, along with mainstream coins including ETH, while altcoins not only did not follow the decline but some sectors even rebounded strongly. The only altcoin sector I invested in - AI new coins - is already profitable. This also indicates that as long as the coins we choose are not problematic, it is relatively easy to generate profits after gradually building positions during the decline to lower costs. Holding onto them a bit longer during a bull market can lead to substantial gains.
As for BTC, it has remained at a high level without much decline, which may be the biggest concern. After all, altcoins have generally halved after months of decline, and if BTC drops by several tens of thousands of dollars, some altcoins' market capitalizations still have room for further exploration. However, when everyone in the market is worried, I believe we should actually hold our ground, right? Additionally, I looked at the US stock market, which is currently testing support at a daily low level, meaning the US stocks have not broken down, and the probability of BTC breaking down is not high.
Moreover, last year’s market had BTC moving independently. After the ETF approval, the capital primarily from Wall Street focused on BTC, so even if there is a sell-off, it might not drag down altcoins too much, as the main forces have changed. In fact, the recent situation where altcoins are not following the decline somewhat illustrates this. The reason I bought some AI coins to play with, besides considering their popularity and concept, is mainly due to their price and market capitalization, which have dropped 80-90% from their relative highs, providing a sufficiently high safety cushion and showing some characteristics of a bottom.
Last year, when the market was in a FOMO state, I advised everyone to stay calm, only sell and not buy, selling in batches. Many people said they would miss out on a great bull market. Now, I am telling everyone to buy in batches at the bottom, and being stuck in left-side trading by one or two dozen points is quite normal, but many still feel that the price will go lower. To be honest, I can't predict the bottom position, just as I can't predict the top; I can only say that it is suitable to sell when it's the right time to sell, and now it’s the same in reverse, only that it’s time to buy at the right price.
Thank you for your attention and likes. Let’s hold on together for the arrival of the bull market. For more questions, you can join 币安聊天群 for discussion.
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