Bitcoin has exceeded the 40,000 mark, what will the market do next?
The pie has reached 40,000 as scheduled, giving the friends in the group confidence. Let everyone hold it.
What will happen to the pie next? There is a script. This is just a personal guess and should not be used as an investment basis.
Many people have already started shorting here, and I think the market should educate these people. Become fuel and then pull back. There is a high probability that there will be a small correction or a sideways decline. When the heavy positions are short, a big positive line will burst the short orders, and then many people will chase the long positions and buy spot, and the main force will complete the chip distribution.
Therefore, the pie will continue to expand, and the limit may reach more than 45,000. If it reaches more than 45,000. You can clear out the big pie in your hand without hesitation and wait for the opportunity to pick it up.
The pie is currently quoted at 40100, with support at 39700 and pressure at 41000.
Ether is currently quoted at 2205, with support at 2170 and pressure at 2300.
The Ether weekly line has just reached ma120, and the current market trend of Ether may be around 2500, or even go to 2700. I can only see so much right now.
The market is coming out. The above is just personal speculation. Not necessarily accurate. If there are any changes, they will be updated in the A8 family in a timely manner. Just keep holding the spot for now!
My largest personal position is still
uni: the average price is 5$, accounting for 40%, the average price of sushi is 1.2, accounting for 20%, the average price of aave is 93, and the average price of comp is 50, accounting for 15% in total. The average price of SSV is 15, accounting for 9%. The remaining copycat FXS has an average price of 6, scrt has an average price of 0.27, pundix has an average price of 0.34, algo has an average price of 0.11, axs has an average price of 6, perp has an average price of 0.63, etc.
The reason why I no longer hold ether and pie is because when uni was $5, I switched all positions to uni. I think it will outperform the Ethereum pie. So changed it.
The Bankruptcy Coin Korean Three Fools pulled very hard, but I personally didn’t pay much attention to it. Big money won't buy it either. With higher certainty, maintaining a stable rate of return is the first priority for me. There is no need to take uncontrollable risks. So I don’t recommend it to everyone.
