On Monday, the weekly candle closed with a small upper shadow line, after a slight pullback at opening, hitting a low near 92800. A deeper correction is expected in May, it is recommended to prepare bullets in advance and layout trend positions, the market is about to enter a reversal phase.
Overall view remains unchanged: continue to be bullish in the second half of the year, patiently wait for opportunities to arise! Ether support is around 1685, currently not yet tested, can be observed, consider entering on a rebound!
In terms of altcoins: over the weekend I mentioned waiting for Ethereum to adjust before entering, but after seeing the good performance of Uni and Usual, I started to enter on Saturday. Although the market did not sustain, with a pullback of about 10%, it is still within a normal range to continue holding. Recently, the Ai+Meme sector has seen significant gains, with corresponding deep pullbacks, mainly due to Q1 adjustments. The current overall market trend is bullish, it is recommended not to chase high or sell low, and to patiently hold onto the coins in hand. Looking back at the bull market, the real rise of altcoins usually only occurs twice, appearing in October 2023 and November 2024, with each index rising from below 20 to above 80. Now, the altcoin index has hovered within 20 for many days, and the third rise may be imminent.
Current strategy is clear: after entering May, buy on dips, increase positions on large drops, hold until Q3 and Q4 to reap big results. When there are no innovative plays, focus on participating in the strongest rebound coins, which usually have strong support and will rise first when the market starts.
Yesterday, Sun started shouting orders again.
However, this time the shout is for $JST: anticipating a hundredfold growth, JustLend and USDD provide strong support.
On April 27, Sun Yuchen stated that JST (JUST) has achieved a fundamental reversal, indicating its potential to become the next hundredfold token.
Suddenly, JST rose by 31%, now reported at 0.042. JustLend has become one of the largest lending platforms, with net profits in the tens of millions of dollars, while USDD has also achieved explosive growth. JST has now integrated Tron’s AAVE and MKR models, with annual net profits continuing to grow, and it is expected that next year's revenue will exceed 100 million dollars. Sun Yuchen also stated that he will repurchase and destroy JST tokens at the appropriate time.
Oh my God! As soon as I take a break, you all make money!
Group friends exploded directly, making 400 times profit, sold out! I can only comfort myself to be more obedient next time.
The $House meme coin that was hot yesterday originated from doubts about the real estate market, predicting its eventual collapse. The name of this token cleverly combines the concept of 'house', referring to both physical buildings and financial speculation, reflecting people's panic about the impending real estate crisis. It represents distrust in the traditional financial system, capturing the zeitgeist of market volatility and economic uncertainty.
That's all for the article! If you are confused in the crypto circle, consider strategizing and harvesting profits with me!
#jst #币安Alpha上新