From October last year to March this year, Bitcoin has been advancing all the way, first speculating on ETFs and then speculating on production cuts. ETFs passed, Bitcoin reached a stage high, Bitcoin production cuts, Bitcoin reached a stage high. Basically, good news is bad news. What will Bitcoin speculate next time?
Bitcoin has fallen 20 points from its highest point, while the altcoins have basically started at 50 points, which is still strong. Some are above 70 points. Why are people desperate? Because they have altcoins in their hands, which is basically the altcoins of 519. Especially those who did not sell when the price rose in the early stage and sold their stocks when the price fell are even more uncomfortable.
The idea of altcoins: Which altcoins will be the strongest when the market starts next time? In January this year, the strong altcoins were Ai and meme. This wave of market decline is compared with the waterfall on April 13. Bitcoin broke a new low, but these altcoins did not break a new low. For example, op, Arkm, wif, etc. These will be good indicators. Check whether the altcoins you have have fallen below the 4.13 position.
This round of bull market from last year to this year, the strong copycat hype idea. In our previous bull market, Bitcoin pulled up and went sideways. The mainstream followed the rise, especially the Ethereum public chain, and then the copycats performed. This round is basically strong copycats such as Ai, meme took the lead and basically rose more violently than Bitcoin. In the end, every time Ethereum pulled up, the second layer of Ethereum's catch-up rally ended. And the strong copycats began to decline, which means the end of a period of market. It feels like copycats are a weather vane.
Wu Menlujin +1816425885, Gong Zhonghao: Tudou talks about currency
Is the bull market still there? Many friends like to say when the market is rising, "Let's have a waterfall so that we can get on board." When it falls, they panic, especially when there are all kinds of bad news. Then when it falls, they dare not buy, and ask again, "Is the bull market still there?" It is normal for friends to think this way. I suggest that you must not do long-term investment, and you must make some short-term profits when there is a market. If you can't help but want to do long-term investment, it is often when the market falls. You don't have to do long-term investment in a bull market, right? When the volatility is large, short-term investment can also make money.
This May is destined to be an extraordinary month in the cryptocurrency world, as this month will see large amounts of unlocking of many mainstream tokens!
Check out the following tokens that are about to be unlocked. Do you hold any of them? Especially those who have high leverage (contracts) should pay more attention!
The following is information on the unlocking of major mainstream tokens in May:
1. DYDX unlocked $73 million on May 1
2. SUI unlocked $1.01 billion on May 3
3. MEME unlocked $147 million on May 3
4. APT unlocked $103 million on May 12
5. NGL unlocked $21 million on May 13
6. SEI unlocked $75 million on May 15
7. STRK unlocked $82 million on May 15
8. UNI unlocked $67 million on May 16
9. ARB unlocked $105 million on May 16
10. LMWR unlocked $58 million on May 16
11. IMX unlocked $55 million on May 17
12. ACE unlocked $17 million on May 18
13. MANTA unlocked $25 million on May 18
14. MERL unlocked $83 million on May 19
15. PYTH unlocked $1.26 billion on May 20
16. AVAX unlocked $334 million on May 22
17. ALT unlocked $40 million on May 25
18. AXL unlocked $30 million on May 27
19. PYTH is expected to be one of the most interesting unlocks in the coming month.
After this unlocking, the next unlocking will not be carried out until 2025
Judging from the current trend of the crypto market, the market is relatively weak, the inflow of funds is obviously declining, and the liquidity is also weakening. Judging from the long-short ratio, there will most likely be a wave of panic selling in the future, so please pay attention to risk control!
Friends who have heavy positions must analyze whether the products they purchased are leading or strong currencies. If they clearly feel that the main dealers have already made profits and exited the market, it is necessary to adjust the strategy and re-plan the layout!
Finally, ask yourself, is the bull still there? If the bull is not there, any rebound is an opportunity to run away. If the bull is there, any current quilt you are trapped in will be fine and will be released. Finally, I wish everyone good fortune. Can you make money in a bull market? Not necessarily. Isn't this a show? #牛市不见顶 #5月市场关键事件 $ETH