Survival in the Cryptocurrency World: The Dealer's Scythe Sparks

These days, the market for altcoins is even more lackluster than expired beer! Just look at those dealers; they just raised the price, and when they turn around, they find only a few old veterans left — the new retail investors have been cut down to the roots! Now, launching a new coin is like opening a blind box; what you get is either a scare or a shock. Yesterday, Old Wang played with a new coin, and now his dog hides whenever it sees a mobile push notification.

Speaking of Bitcoin, this trend really makes one scratch their head. During the day, I called for a short position around 85,800, and I even closed half of my position for safety. But just as I took a sip of tea, the price shot up like a firecracker. If you ask me, placing orders now is like squeezing into the subway during rush hour; you have to get your position just right — ambushing long positions around 81,500 is the safest bet, with stop-loss set just below 86,000. However, to be honest, this wave of market seems to be lacking some momentum; it just can't break through that stubborn barrier at 87,500, which is as uncomfortable as constipation.

Here comes the key point! The turning point is swaying right in front of us; if another pitfall occurs in the next few days, that will be a golden opportunity from the heavens to jump on board.

Remember the old saying: when others wet their pants, it’s the perfect time for you to buy pants! Old Li from the cryptocurrency group next door was scared into selling during the last crash, and now he’s squatting at the exchange door every day to soak up the air conditioning — he’s got no coins in hand and is panicking inside!