It's very unfortunate that small coins failed to break through; it was a false breakout! As we analyzed in last night's program, a breakout followed by a drop back down is a false breakout, which is a signal of reaching a peak. At that time, Sui was still at 4u, and it dropped more than 10% overnight.
Some people get angry when I say it's going down, but if you look closely, you'll see that it really has dropped quite a lot. A coin won’t only rise without falling; if there's a short-term peak signal, one should sell and naturally let it drop a bit. The trend will be healthier, and we can buy back at a lower price.
I'm currently being more conservative and plan to enter again at a stronger support level. The support for BTC is around 116,000, and the support for ETH is around 3,400. These are relatively conservative levels; I’ll wait and observe for a few days.
Actually, small coins have almost made up for the rise. I think another major market movement will come when Bitcoin breaks its previous high again; that’s when small coins will truly see a second wave of rally. At that time, getting in should not be a problem for a 30% increase; just be patient. As someone who has been through this, I know that making money in the crypto world cannot rely on speculation, but rather on who can last longer. Opportunities are always there; aim for steady wins, and financial freedom will come in a few years.
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