It has been more than a month since the Shanzhai cleared leverage in early April. It is currently a repair market, and it is likely to take another 1-2 months to repair. The next market is to slowly repair the indicators. Only after the indicators are repaired, there will be a big market.
Yesterday, the big cake stepped back to the daily MA99 again and then recovered. The support level is 62000, the pressure level is 63800, and the important pressure level is 66200. This round of big cake also stepped back to the Fibonacci 0.5 position. The amount of Bitcoin held in the exchange is still the lowest in recent years, and it is still decreasing. Therefore, the big bull market structure has not changed, as long as your position is still there. The bull market is related to you. Stay away from contracts to live longer.
ETC will soon reduce production, and long-term configuration will get a big bull market, which currently accounts for 20% of the total personal position.
In addition, the AI sector WLD, a big bull market is also expected, accounting for 5% of personal positions.
Recently, the core of the BRC20 inscription sector has performed very well. Core is a strong narrative related to Bitcoin. Ordi is the abbreviation of the Bitcoin ordinals protocol, the first spring of inscriptions. About 20,000 times.
Sats is the abbreviation of Satoshi, the smallest unit of Bitcoin. Inscription core is the second spring. About 2,000 times.
Core is the abbreviation of Bitcoin core, the official client of Bitcoin. There is a high probability that it will lead the third spring of Inscription. BRC20 on Binance is strongly related to Bitcoin. Even the entire BRC20 will run through the entire bull market. In the last round of bull market, DeFi increased by hundreds of times. A thousand-fold wealth effect. In this round of Inscription, there will still be hundreds of times and thousands of times of targets. Inscription core has this potential.
I have asked everyone to use a small position of 2-5% before. If you don’t have it, I personally recommend using a small fund to configure tens of thousands. Go back to zero mentality and get it listed on the big exchange in the long term. If you have configured it, it is best to participate in the community build. Inscription mainly depends on the community. The global community is optimistic and participates in the construction, then there is no doubt that core will be listed on the big exchange.
In the early days, Inscription was purchased with BTC in Unisat or Web3 wallet.
The structure of each bull market is changing, so we need to keep learning. Seize the opportunity of each bull market. As of now, Bitcoin has completed its halving. There is no new narrative yet. Currently, there is only the inscription brc20, so the inscription is basically the new narrative of this bull market and the fuse of this bull market.
