0xLige

Mainstream Coins vs Altcoins: Differences in Chip Structure, Liquidity, and Trading Methods

Cryptocurrencies are generally divided into mainstream coins (such as BTC, ETH, and other top market cap currencies) and altcoins (other currencies with small to medium market capitalization) based on market value and market position.

There are significant differences between the two in terms of chip distribution, market depth, volatility characteristics, and the level of participation by major players, which directly affect trading strategies. The following will compare the differences between mainstream coins and altcoins from multiple dimensions:

From the table above, it can be seen that mainstream coins have dispersed chips, strong liquidity, and their trends depend more on the overall capital situation and fundamentals; a single player finds it difficult to manipulate prices at will. In contrast, altcoins have concentrated chips and weak liquidity, with major players able to create severe volatility through market control. For day traders, these differences imply that strategies need to be adjusted:

Risk Control: Trading altcoins requires more caution in setting stop-losses and controlling position sizes. This is because major players in altcoins may suddenly break conventional technical patterns, leading to 'waterfall' or 'rocket' market movements. Risk control cannot rely solely on technical indicators; it is essential to consider the possible trading intentions of major players. Mainstream coins are relatively stable, allowing for an appropriate increase in position size for trend trading, but one must also be aware of the amplified effects of volatility under contract leverage.

Timing Strategy: When dealing with mainstream coins, macro news and large on-chain capital movements are important references (as the dispersed market is more sensitive to these); for altcoins, the movements of project parties, community sentiment, and the trading behavior of major players are more critical. For example, if an altcoin sees abnormal trading volume increase without any significant news, it is often a sign of major players controlling the market, and one might consider a contrarian strategy or wait-and-see approach.

Trading Tactics: Mainstream coins have good liquidity, making it easy to execute limit orders with low slippage, and high-frequency trading in and out is relatively feasible; for altcoins, it is recommended to use limit orders as much as possible to avoid large slippage losses from market orders. Observing large limit orders on the order book is very important; if one finds significant buy orders supporting a certain altcoin, it may indicate major players are accumulating, and one could consider buying just above that level to bet on a rebound; conversely, if there is a huge sell wall repeatedly appearing above, be cautious of major players offloading and avoid chasing highs.

A few years ago, I met a girl who looked 7 out of 10 at the gym, and we dated for a while. It always felt strange; she didn't have a job, and I wasn't sure about her family's financial situation, but her spending on food, clothing, and living was extraordinarily high.

One day, I accidentally discovered that she had a secondary WeChat account, and her Moments were filled with self-revealing photos, while the chat history was entirely made up of payment records. I had a rough idea of what was going on and confronted her.

She even asked me in return: 'I charge money from other men, why should I give you anything for free?' So we broke up.

Important Information from Last Night and This Morning (April 17 - April 18)

Galaxy Digital deposited 12,500 ETH, worth $20 million, into Binance again in the early hours. According to Lookonchain monitoring, 8 hours ago, Galaxy Digital deposited another 12,500 ETH (worth $20 million) into Binance. In the past 6 days, Galaxy Digital has deposited 62,181 ETH (worth $99.46 million) into the exchange.

Zhao Changpeng claims BNB is a meme coin. Zhao Changpeng cited news that BNB will soon be listed on Kraken, stating: "BNB is a meme coin." Prior news indicated that BNB will be listed on Kraken on April 22, and deposits are now open.

Co-founder of http://Pump.fun: will continue to experiment in the intersection of social media and tokenization, but will not issue tokens. Alon Cohen, co-founder of http://Pump.fun, stated on platform X: "http://Pump.fun will continue to experiment in the intersection of social media and tokenization. Some of these attempts (like live streaming, by the way, have now fully resumed live streaming). Whatever we do, we will do our utmost to ensure alignment with our core user base. That said: don't expect me, http://pump.fun, or any staff to issue tokens (nor will there be any 'secret issuance')."

Wintermute announces investment in lending protocol Euler Finance. Market maker Wintermute announced on platform X that its investment arm, Wintermute Ventures, has invested in the DeFi lending protocol Euler Finance, although the specific amount has not been disclosed.

sUSD depegging worsens to $0.6825, with a 24-hour decline of 16.5%. Market data shows that the depegging of Synthetix ecosystem stablecoin sUSD has worsened, currently priced at $0.6825, with a 24-hour decline of 16.5%, and a market cap of $2.198 million.

Tell a true and foolish story

Last winter vacation, I shared an apartment with a female college student. She was okay looking, and we chatted a bit, but at that time I was only focused on playing games. Every morning, I would wake up and immediately start League of Legends on my laptop. I remember she invited me out to watch a movie a few times at eleven at night, and I rejected her every time. I was playing ranked matches then, and now I regret it.

We rented our house to a 36-year-old single mother with an elementary school child, who has owed us half a year's rent. At first, I could still contact her, and she always said she was in difficulty and was delaying payment. Later, she completely stopped responding to my messages.

At that time, my mom was traveling in Hainan, and after she told me about this situation, I said I would go check it out in person.

My mom very cautiously told me to absolutely not go alone and to wait for her to return before taking any action.

Last year, I met a sister on Douyin, we chatted for over half a year, and everything was going well, then she suddenly suggested we meet in person.

I hesitated and said I was a student, she said she didn't mind and just wanted to be ordinary friends, so I agreed and asked for her photo, she looked like an ordinary person, not unpleasant at all.

She was not far from my city, we agreed to meet at a milk tea shop, avoiding the mall for fear of running into someone we knew. I arrived first since she had to drive for several hours. While waiting, I looked at her photo thinking it would be a 'disaster scene' since phones have beauty features.

However, when she got out of that Mercedes, I recognized her at a glance; she looked much better in person and was exactly my type. She recognized me too, and I didn’t know what to say, just stood there. To break the awkwardness, she suggested a hug.

I said okay, but she politely patted my head and called my name, and I instantly blushed, my heart racing. After sitting at the milk tea shop for a while, we went to have dinner. She hardly ate much and spent the whole time peeling shrimp for me and picking out fish bones.

When we walked out of the restaurant, she held my hand, and I didn’t pull away. She said she would drive me back, worried about being out too long. I said I could take a taxi back, but she insisted on taking me to Puyang.

Looking back now, I really was a fool.

Prior consent does not equal consent during;

Consent during does not equal consent after;

——Confession, guilty plea. Bam, three years probation.

There is a sense of familiarity

Tears fall uncontrollably

It's like her, I miss her so much

Topics seen on a domestic platform
Where do you think Web3 is stronger than Web2?
Glanced at the answers, basically all say Web3 equals fraud
Web3 is useless, a mirage
Pretty good, the benefit of poor understanding still exists

Why can't Ethereum rise?
The first reason is that the previous round of adjustment was not enough, and there are some speculators who have not been washed out; they are not true diamond hands, and they have also benefited from this wave of Ethereum's increase.
The second reason is that the current sentiment among retail investors is too optimistic, making Ethereum's situation quite heavy, and many people still do not believe in bad outcomes.
The third reason is that the large holders' chips have not been fully exchanged yet. You have to think about the pressure of selling when your Ethereum worth tens or a few dollars gets pulled up to tens of thousands. If you are the main force, you would definitely have concerns about this.
These are several important reasons why Ethereum cannot rise in the short term. Only after the vast majority of people, especially those without faith in the market, have completely exited, might we see a true bottom.
However, I believe this process will be very tragic. Including many partners who firmly bottomed out at 2200, they definitely did not expect it would drop to around 1300.
Finally, if you are still continuously losing money in this circle, without your own ideas or strategies, you can join the group.
All strategies and market movements are shared more than half a month in advance, giving you ample time to decide on your actions.
Including when this wave will rise, we have already made it public in the group.

The#UXLINKteam is really working hard to increase traffic. Last year, as the first social infrastructure of Web3 to integrate LINE accounts, it attracted millions of users in a short period of time and swept the Japanese market. This time @UXLINKofficial has taken another big step - joining hands with TikTok! This is definitely a key leap in the globalization strategy. TikTok's more than 1 billion monthly active users is a huge gold mine. The cooperation between the two parties will surely accelerate the mainstreaming of Web3 technology.

UXLINK's native token $UXLINK, as a cross-chain universal Gas, greatly reduces the threshold for use, making Web3 within reach!

Recently, I saw someone in Binance Square saying that $WHY spent money to canvass votes. I think this statement is a bit untenable.

Voting for listing coins is originally a stage for the community. Every project must compete with strength and attract support. Isn’t this fair competition in the rules?

$WHY can have the current popularity because of the sincere support of the community, which cannot be bought with "money".

Rumors stop at the truth. Everyone should look at it rationally and don't be led by the rhythm. Supporting $WHY is supporting the power of the community!

Today, several fans told me that their leveraged positions have been liquidated. Opening leverage in the current market is a big taboo.

Because there is still no clear signal for a price bottom, when it will stop falling is not something you and I can decide.

In fact, it lies in the hands of Trump and Powell. As long as Trump does not impose malicious tariffs and the Federal Reserve starts to rescue the economy by cutting interest rates, then a rebound is just a matter of days.

Since the market is already like this, there’s no need to say too much motivational talk. I just hope everyone is not holding leverage. If the market can rebound to around 2800 by the end of the month, then quickly clear your leveraged positions.

In this market, do not provoke leverage at all. Also, if you want to trade short-term in the next few days, try to embrace Bitcoin; Ethereum can wait until there is an extreme market situation to enter.

Look at Bitcoin, the U.S. stocks have dropped so much, yet Bitcoin remains unbroken, hardly falling at all. Some friends have fully invested in Bitcoin spot and commented that they are very anxious.

Why are you anxious about Bitcoin? This year, 150,000 is still not an unreachable target, hold it boldly.

As for those of you heavily invested in altcoins, it has come to this, accept the reality. Once the market starts to warm up, altcoins will recover the fastest.

In this position of decline, the vast majority of investors have already fallen completely silent.

No one would have expected that the market would behave this way after 25 years. If someone had told you a few months ago that the market in the first quarter of the 25th year would crash, no one would have believed it. Now the situation has occurred, and we cannot change anything.

Fortunately, the coins we hold are all spot and are among the top ten mainstream coins, which gives us the confidence to fight against this round of market decline.

As long as the coins are still there, there is no loss. Even if we enter a bear market, it just means holding for a longer time.

As investors, we must have a nonchalant attitude; until we take profits and exit, the assets in your account are just a string of meaningless numbers. I think everyone should have gotten used to the continuous drop in the past few days.

Shisan is still dollar-cost averaging into the top one and two during sharp declines. Although the second one is performing exceptionally poorly right now, Shisan believes that the second one will eventually explode and reward its investors one day.

Now when we open the news, it's all bad news, and it's rare to see any good news. I hope everyone doesn't let these emotions affect them; just focus on doing your own thing. If you have funds, buy at the bottom; if not, just wait and see.

The market is too brutal.

I originally thought the decline over this period had reached its limit, but unexpectedly, the US stock market faced a Black Monday, with the Nasdaq plummeting by 4%.

The collapse of tech stocks is particularly unbearable to watch.

The root of everything stems from Trump's reform policies and the uncertainty of tariffs.

One moment they are increasing tariffs, and the next moment they are delaying them. Now, one wonders if those in the cryptocurrency space regret their votes for Trump?

After all, if Kamala Harris were in power, it is highly likely that she would continue the policies of the incumbent President Biden. While this may not boost the market in the short term, Bitcoin has a 90% chance of being above 110,000, and Ethereum would also be above 4,500.

This round is indeed quite tragic, especially for Ethereum investors, as most investors' positions have fallen below the liquidation price during this decline, forcing them to stop-loss and exit the market. This is also why Ethereum has dropped so much.

Of course, when a huge risk arrives, there are also tremendous opportunities behind it.

How will the market move from here? If Ethereum continues to drop below 76,000 and enters a lower range, it could fall to around 1,500. From a technical chart perspective, it has entered a bear market.

The probability of such an extreme situation occurring is not high.

Because the US stock market cannot possibly crash; Trump will definitely step in at some point to resolve the issues in the stock market.

As for the short-term fluctuations in the stock market mentioned in interviews, they are normal. Claims about learning from China and a hundred-year plan are all nonsense. The systems are different, the national conditions are different, and naturally, the strategies will also be different.

If the US stock market crashes and triggers a financial crisis, the US could completely roll off its throne of dominance.

More critically, the credibility of the dollar will be greatly affected, which in turn will impact the dollar's hegemony.

For so many years, the Americans have held the sword of dollar hegemony, shifting their economic crises onto the global stage, so the dollar hegemony is something they will protect at all costs.