#加密市场回调 Some people say I shout to entice buying every day, telling me to buy the dip on altcoins... saying that all altcoins are at the bottom... I’m afraid you don't know the term 'delisting'! Altcoins have no lowest point, only lower, and they can go to zero. After all, it costs the project teams much less to issue a new coin than to hold a large number of coins that are stuck! In fact, many projects are just a few groups issuing coins, spinning around with the same few colors, changing the story, changing the white paper to narrate to everyone, and then various schemes to raise funds and harvest! After harvesting once, they will be delisted and go to zero, never to return to their peak. If you don’t believe me, you can look at the new coins over the past two years; how many have survived? The top twenty by market cap are always those few projects that have gone through several cycles of bull and bear markets! The current project teams are too dog-like, lacking vision and also lacking funds; those with money have bad intentions! So everyone should just buy Bitcoin, after all, it has consensus and various large institutions are trading it. Unlike those air altcoins, which are just data scams!
Why do I say that altcoins are just air data scams: In theory, isn’t the financial market all about supply and demand? Why are the fees for these altcoins -2% yet they keep surging? Negative fees indicate that the sellers are increasing, so why is there a counter-trend rise? Shouldn’t too many sales lead to a drop? It can only be said that human manipulation is too strong! So if you see that a certain altcoin has long-term extreme negative funding rates but continues to rise, it is likely a man-made short squeeze, rather than a rise driven by real market demand.
Why do I say Bitcoin is enticing buying: Because I see that the 4-hour structure is currently in a breakdown state; if the hook shape doesn't recover above 96200 and stabilize on the main upward trend line, then it is a bearish trend. Last night’s live broadcast also has a replay, you can refer to the charts and explanations made during the live broadcast...