'Chicken talking to a duck' is a vivid Chinese idiom that refers to two parties being completely out of sync in communication due to differences in language, cognition, or stance, each talking about their own thing and finding it hard to understand each other.
Doctors explain conditions using professional terminology, but patients only care about 'How long until I get better?'
Programmers discuss code logic, while product managers only ask, 'When will the feature go live?'
It's like when I tell you that the coin price has risen, remember to reduce your position, and you say you've cleared out completely, we're just not on the same wavelength!
Recently, Bitcoin has been above 100,000, and altcoins have taken this opportunity to rise as well, with the MEME sector showing a particularly pleasant trend. If you observe closely, you'll find that when Bitcoin spiked to around 100,700 yesterday, many altcoins were directly smashed through!
Even if Bitcoin has now returned to around 103,500, many altcoins are still at low levels, only slightly rising! In summary, most altcoins fall but do not rise, and many altcoins have very poor liquidity!
Friends who are fully invested in altcoins, remember to keep some USDT for yourself, give yourself a chance to average down!
Let's take another look at the Bitcoin ETF data!
Yesterday, the total net outflow of Bitcoin spot ETFs was $96.1425 million, but the trading data for Bitcoin ETFs showed $2.95 billion. Such a large trading volume, yet only this little flowed out! In simple terms, many retail investors are chasing highs while institutions are rotating their holdings.
Not correcting now is to make you buy when he offloads; not rebounding earlier is to make you sell when he accumulates.
Let's take another look at the CPI data released yesterday:
April CPI performance: The overall CPI grew by 2.3% year-on-year, below the market expectation of 2.4%, reaching the lowest level since February 2021, and further slowing from March's 2.4%; the month-on-month growth was 0.2%, slightly rising from a 0.1% decrease in March. This aligns with market expectations.
Looking at the overall April CPI data, it indicates that inflation in the U.S. has not warmed up, reinforcing the market's expectation that the Federal Reserve (Fed) will soon restart interest rate cuts. It is expected that there will be two rate cuts this year, but the timing may be delayed by a few months, and the probability of three rate cuts this year is not high.
There are many examples around Brother Chong of people not heeding advice; going all-in on altcoins usually only leads to losses. Don't forget the pain after healing; don't start acting cocky just because the market has been good for a few days!
If you made a lot of money in this wave of the market, congratulations! You should now consider how to protect your existing profits and then go on to earn more money. I hope you are truly making money and not just having made money in the crypto sphere!
The market won't keep rising; if some are making money, some must be losing. If everyone is making money, where does the money come from? Who loses money? Who makes money? In the crypto sphere, it has long been predetermined!
What falls into your pocket is truly yours! #策略交易