This is too childish. The crypto world has turned into a playground for the wise king, where price fluctuations depend entirely on someone else's mood. All the technical analysis is useless in the hands of the new decision-maker with a remote control. I am impressed.
Wall Street is the most professional in the financial market, after all, it has so many years of history. The wise king started from business, and there must be advisers behind who understand the economy better. Meanwhile, your and my wallets have become cannon fodder in the game of arm wrestling. Maybe in some sense, it's even more brutal than war. Can retail investors afford not to learn?
Today, Bitcoin has once again crossed the $80,000 mark, instantly reclaiming lost ground and catching short-sellers off guard. The double kill scenario has played out on web3 once again; if you're not careful, you might suffer significant losses. In any case, it's impossible to sleep soundly while manually monitoring the market; the market manipulators usually strike in the late night.
Perhaps financial management and trading cryptocurrencies also lead to professional burnout. Sometimes, even when I profit, I feel no desire to share. Are blockchain people collectively depressed? Wasn’t there just a faith forum after the Hong Kong carnival? But this year's popularity is not great. Here, I want to complain about the organizers of the event: why don't they understand human nature? Can’t they cut a radish in half? Just collect money from project parties for sponsorship, and don't charge retail investors high ticket prices. That would result in overflowing crowds; otherwise, what's the point of having a scythe actor with no audience?
This should really be learned from the recent foreign exchange expo held in Hong Kong, where people just visited and communicated for free. VC institutions issuing tokens on exchanges don't lack money; how much can the venue cost? The retail investors are already getting thinner from being cut, who can withstand this kind of blind turmoil? And no reimbursement for flight tickets, why is there always a market for this kind of funding? Because the boss at least has the vision to bait fish in the early stage, so he can buy off so many market leaders with big money. But what have you given to the KOLs? Not even an invitation letter, and people are joking that the Hong Kong carnival has turned into a talent market and matchmaking market for the crypto world.
At the end of this month, a higher-level 2049 token event will be held in Dubai. There aren’t that many Chinese participants there; most are professionals from the Middle East and Western countries. Right now, I am checking flights from Shanghai to Dubai; it's a 10-hour flight, and I am a bit tempted to go to Dubai for a trip. Friends, what do you think, should I go? No one is sponsoring my travel expenses; it seems better to stay in the nearby funding circle where there are some foreign project bosses who even cover nightclub and massage expenses.
Today, thanks to the wise king's playful words, Bitcoin rebounded to the $83,566 resistance level. However, it has no impact on the stubborn retail investors holding on to their spot positions. It feels like the past four days were just a nightmare; upon waking up, it seems nothing has happened. Bitcoin is still Bitcoin, and Ethereum is still that damned Ethereum. Good assets are always assets, and underperforming assets will always underperform.
Let me give you some reassurance: only if the market stabilizes above $86,380 will the bullish momentum truly warm up. Otherwise, it is just a temporary double bottom on the 4-hour chart; on the daily chart, we can only say it has entered a consolidation mode. Whether it will reverse in a V-shape cannot be concluded hastily; it remains to be observed. I am talking about a right-side trading strategy.
If you really want a bull market to soar, the bridge is near $93,300. Only after crossing the line can there be a true explosion. So I don’t mind the cost too much because the average cost for micro-strategy is about $66,000. In this wave, Musk must have also given the wise king a heads-up. They can't kill everything; harming others doesn't benefit oneself. Whether it's Tesla or Apple, they can't afford to mess around. Killing 10,000 enemies while harming 3,000 of oneself—what's the point? The East is soft, not hard; you can't scare them by flipping the table. The more anxious he is, the more the East plays Tai Chi, using softness to overcome hardness.
In fact, a little dip is healthier; this is the most crucial part. What’s truly scary is that if my intuition is correct, future inflation will become increasingly severe, and prices will soar to absurd levels. Ordinary people won't be able to afford anything in supermarkets. Goodbye, Pang Donglai; everyone will have to rely on Pinduoduo. Then, counterfeit goods will run rampant, with food products possibly causing chronic poisoning. Young people getting married and having children? Don't even think about it.
The physical entity is dead, and industries are more competitive. There will be more and more spiritually empty people, like the number one in Shanghai subway, where everyone is focused on a Black internet celebrity. What is wrong with this society? Will the four-year cycle in the crypto world be broken? Many people have one question after another in their hearts.
With the economy in decline, everyone is on edge. I still say, if you can go abroad, then go abroad; there are still plenty of opportunities outside. For those without conditions, create conditions to go because the window for your opportunity may close at any time. When the bottom is truly built, I will still go all in. There’s no choice; since you and I have dived into the sea, we have to keep gambling. Strong people, like the crazy cool ones, never back down......
In 2025, going out to screw things together, far from the life of cattle and horses, because there are no bitcoins, no beautiful women belong to you......