Today we are going to talk about the key decision before the big bull market: hold on or cut losses?
If we look at it from the perspective of the bull and bear stages, we are now in the middle of the fourth bull market in the cryptocurrency circle. A 4-year cycle, a 3-year bear market, and a 1-year bull market. In a 1-year bull market, the first 8 months are basically a slow wash-out decline. The next 2 months are a rush, and the last 2 months are a peak. Now the bull market is interrupted, and there are still 6 months before the real outbreak period comes.
Before the arrival of the big bull market, the dealer may create enough market fluctuations to force retail investors to cut losses and strive for more chips. The basic logic of the market is: in the absence of large fluctuations, retail investors will not actively chase up or cut losses. Therefore, before the Federal Reserve confirms the interest rate cut on September 19, the market may experience extreme pressure. At this time, it is particularly important to hold your chips firmly.
After a long bear market, don't give up easily on the eve of the upcoming bull market. Believe in your own judgment and don't blindly follow the trend. Holding on or appropriately adding positions are options that can be considered. I hope everyone can make wise decisions at this critical moment to welcome the upcoming big bull market
Although Bitcoin has been fluctuating between 50,000 and 7,000 recently, global liquidity is increasing. When liquidity accumulates to a certain level, the crypto field is expected to usher in a full-scale outbreak. Combined with Bitcoin's past performance, the fourth quarter is the best quarter for Bitcoin throughout the year, so there will definitely be a big market in September and October.
If the US stock market rises, crypto may not rise, but if the US stock market falls, it will definitely fall, right?
1. $BTC was affected by the decline of US stocks and other factors, and continued to fall despite the continuous inflow of ETFs. It is currently holding at 59,000;
2. $ETH is a representative of weakness, but it performed relatively well compared to others yesterday, but you must not buy ecological projects because they are all being dissed by V God;
3. $SOL seems to have given up resistance and fell very smoothly. I don’t know when#memecoinwill return. It’s stuck;
4. $BNB institutions + dev + conspiracy groups, etc. have all started to launch#memecoinon @bnbchain crazily. I don’t know how it will perform;
5. France formally sued Telegram founder @durov and released him under surveillance;
The TON blockchain associated with Telegram fell again, and developers attributed it to the surge in DOGS Meme tokens;
Yesterday, the TON chain was directly interrupted and stopped producing blocks;
6. @RenzoProtocol extended the $REZ token to @solana through @wormhole ;
7. Harris's economic adviser confirmed plans to tax unrealized gains;
8. Brave Software, the developer of the crypto-friendly browser @Brave, laid off 27 people again;
9. Trump's latest NFT sales exceeded $2 million - only 5% has been sold so far;
10. Nvidia's US stocks fell nearly 5% after hours;
Financial report earnings exceeded expectations by 15%, I don't know why it can still plummet;
11. Jupiter announced that spot trading has been integrated with http://pump.fun, and you can trade after searching CA;
12. The US SEC approved a rule change: funds need to report portfolio holdings monthly instead of four times a year;
13. @Stake_Stone and Yay! staking activities reached the deposit limit in 1 minute, and will carry out more cooperation with Sony L2 Soneium;
14. Zero-knowledge proof company RISC Zero announced that it has achieved full open source;
15. The first project to run away and issue pre-sales on @trondao appeared $SUNNY, and Twitter has deleted it;
The current altcoin market is not suitable for long-term holding, and mainly relies on swing trading. ETH fluctuations drive altcoins to fluctuate synchronously. In addition to medium and long-term positions, it is recommended to focus on swing trading.
Most altcoins fell with the market, especially projects such as VOXEL and RARE that have recently listed contracts on Binance, which have fallen by about 20%.
In addition, TON ecological projects have also performed poorly recently, with NOT, TON, and REDO all experiencing significant pullbacks. However, there are reports that the founder of Telegram may be released soon, and the TON ecosystem may usher in a wave of positive news.
Bitcoin's market share has peaked in the short term Next, funds will flow back to strong altcoins The altcoin season is coming in October The US dollar index (DXY) has begun to weaken. Cryptocurrencies tend to prefer a softer DXY, which usually occurs when market risk appetite rises. Currently close to the lowest level since July 2023. If it continues to fall, funds will flow into cryptocurrencies.
Many people mistakenly believe that a market crash is a wash, which is actually a serious misunderstanding.
Today's market makers are very cunning, and they often use extreme price fluctuations to wash the market, which can be troubling even experienced investors.
For example, although we expect the market to have good growth in the future, the actual situation is that the market continues to fall.
In this case, we may begin to doubt our judgment: Did I make a wrong judgment? Should I cut my losses and wait for a new low to buy the bottom? However, when we try to buy the bottom, the market often falls further, making people wonder where the bottom is and whether the bull market still exists.
This emotional torture has caused many people to begin to doubt that the bull market has ended. But at the same time, we also see that institutions are still entering the market, and the market does not seem to be getting better.
In fact, this is the subtlety of the market makers' wash strategy. Their strategies will continue to evolve with the changes in the market, and even experienced investors find it difficult to grasp. Faced with such market conditions, we need to stay calm and not be swayed by emotions. We need to keep learning and understand the new strategies of the market makers.
Finally, remember the key point: the bull market is not over yet, the market makers are just testing our patience. I hope that all of us can make profits in the bull market instead of being eliminated by the extreme operations of the market makers.
Looking at the BTC exchange liquidation map, the current cumulative long order liquidation strength is 598 million, and the short order is about 3.8 billion. We know that the trend always goes in the direction of least resistance. Currently, there are far more short orders than long orders, and eventually these short orders will be cleared. In summary: the long army will win, and the retracement must be bottomed out by the strong coins in the previous round.
The market moves in the direction with the least resistance. Most people are bearish, and the market will definitely rise in the future. It has risen from 49,000 to 65,000. It is normal for it to fall back today. Many people started to scream that the bear market has begun.
Retail investors mean that you can keep rising, but you cannot fall back to test the key position. If you pull back, it means the bull market is over and the bear market has begun again. Every day, the bull market returns quickly and the bull market ends again. They shout about the direction hundreds of times a year.
1. The charm of the cryptocurrency circle is to win big with a small investment. One after another myth of wealth creation makes everyone ignore the risks involved.
2. It is impossible for gamblers to win against the dealer in a fight with casinos. Nine out of ten bets will be lost.
3. As long as it is secondary, there must be risks. As long as it is a gamble, you will definitely lose. Even if you win, it is just luck.
4. There is no right or wrong in long-term investment. It depends on the growth dividend of the entire track for five to ten years. If you don’t have long-term goals and beliefs, you will feel fear or even anger because of a big drop.
5. For large funds, frequent trading itself is a taboo. What we need to do is low-risk arbitrage, low-risk holding, and low-risk trading.
6. Energy is conserved. If you enjoy the growth dividend of the industry, you have to endure the torture of washing the market.
7. The essence of investment is to realize cognition. If you lose money, it only means that you don’t know enough. The money you lose is the tuition paid to the market.
8. There is no best strategy, only the strategy that suits you best, but in general, it is all about exchanging time for space.
9. In this noisy market, what we need to do is to wait and see, enjoy the fruits of our labor, and win without fighting.
10. The truth is simple, and knowing and doing are one.
For new investors, they may not understand the experience I have summarized, and they will not be patient enough to wait for the fruits of their growth. But these are not important, after all, everyone has to pay for their own ignorant cognition.
1. $BTC finally failed to hold up and fell below $60,000 under various market panics;
When I transferred 30,000 BTC in large amounts yesterday, I started to run away, but I didn’t run to the bottom of the mountain;
Nasdaq introduced spot Bitcoin ETF options to the US Securities and Exchange Commission;
2. $ETH follows the market closely, and no matter what good news, it can’t save it;
BlackRock listed Ethereum ETF on the Brazilian Stock Exchange;
Wintermute unpledged 19,000 ETH and recharged it to Coinbase in batches; (No one would think that the big brother opened a long position in the currency standard)
3. The exchange rate between $SOL and ETH continued to rise, and its performance was second only to BTC, although there was nothing to play on Solana;
4. $BNB seemed to have fallen in advance, after all, the decline yesterday was less than BTC;
There are rumors that @binance has frozen the accounts of Palestinian users, @binance also responded;
Binance calls on the United States to intervene in the case of Binance executives detained in Nigeria;
5. Trump confirms to attend the debate with Harris hosted by ABC News on September 10;
6. TON Foundation: Calling on France to release Telegram founder, the number of signatures has exceeded 300,000;
TON Society launches Telegram open letter applet, with the goal of collecting hundreds of millions of signatures to call on French authorities to release Durov;
7. @JupiterExchange announced that the JUP DAO micro-grant program has been voted through;
8. DeFi protocol MakerDAO changed its name to Sky before launching USDS stablecoin in September, and the Twitter account was directly abandoned and registered by @Foresight_News employees;
MakerDao will be able to freeze its new USDS stablecoin remotely;
Completely abandon the decentralization of $DAI;
9. Traders Eugene: The market trend in September is still unclear, and we tend to be bullish in the long run;
September is a garbage market in most periods, so pay attention to the risks;
10.Vitalik Buterin: Ethereum only took 5 months to bring low-cost L2
What is the essential difference between people who make money and people who lose money in the cryptocurrency circle? ?
People who lose money in the cryptocurrency circle always have a linear thinking, always thinking about making money every day and every month, so their plans are very short-term. As long as they can't make money for a period of time, their rhythm will start to mess up, and they will start to toss and turn until they collapse!
People who can make a lot of money know that without good trend opportunities, it is difficult to make money even if you work hard, so they spend most of their time waiting until the moment when the opportunity comes, they will immediately take action and seize the opportunity fiercely. This time, it is something that many people can't achieve in their lifetime.
In the cryptocurrency circle, the less the principal, the more they like to toss and turn, the easier it is to ignore various risks. As a result, they often lose money, and they still complain about the environment. And the more principal, the more stable the investment. Although the profit multiple is small, it can continue to make profits and make amazing wealth in a snowball-like manner.
There is another essential difference! Some people listen to advice! Some people are stubborn
Ethereum market is full of mystery? In-depth analysis on August 26, why does Ethereum no longer simply follow Bitcoin? What are the mysteries behind the stabilization of volatility? Can it break through the 3,000 mark? The Ethereum market is quietly transforming and is no longer the shadow of Bitcoin. Its market volatility has stabilized. Although it hit a high of 2,820 last week, it has obviously followed the decline but not the rise. The daily K-line showed tenacious resilience. After the sideways repair, it tried to jump to 2,750 at the second level, but the road to the third level jump to 3,000 this week seemed to be full of thorns. Technically, the EMA trend has changed subtly, the KDJ has been blocked, and the Bollinger Bands have shrunk, indicating that a U-turn is not easy. However, MACD has increased its volume and raised funds, and the bullish power still exists. It may be a good strategy to arrange long orders when stepping back. In the short term, the 4-hour K-line has a semi-breakthrough of the top of the rising flag type. Risks and opportunities coexist. It is necessary to take a stop loss and be cautious. All indicators have shrunk to the extreme, and the market is facing the test of the closing of the monthly line. Low-multiple ideas dominate the operation. Ethereum's market is confusing, but there is still hope for bulls to finish their unfinished business. What do you think?
"Smart money that built $SUN positions three years ago" may be an address associated with Justin Sun or the TRON Foundation
Thanks to @LeterTW for reminding me. When I looked through the transactions three years ago, I found that more than 20 addresses that had financial transactions with him were marked as Sun Ge's associated addresses by Arkham
After selling $1.18 million worth of SUN on the chain yesterday afternoon, the address sold $1.68 million worth of tokens in the past four hours
Bao is going to cut interest rates, and the market trend for next week is expected to be predicted. It is expected that next week, the big cake will fluctuate upward, and the cottage will continue to rise. The rising sideways will most likely continue to rise.
1. $BTC closed beautifully on the weekly chart, and the rebound momentum can continue
2. $ETH walked out of the small adjustment range and continued to move up into a new adjustment range! Relatively stable
3. $SOL broke through the key pressure level and moved in a good direction in the case of the recovery of #memecoin;
4. $BNB is quite strong, occupying the third place in market value, and it will pull up at the slightest disturbance; it may be driven by meme!
5. After @durov was arrested, a group of celebrities bought $TON to support him;
@ton_blockchain added the Resistance Dog logo to the X account avatar;
Caused @redotoken $REDO to rise;
6. The suspected @aevoxyz team transferred about $3.18 million of $AEVO to Bybit;
7. Orbiter co-founder: The full-chain approach is crucial to the future of Ethereum;
8. MicroStrategy founder: In the four years since the purchase of BTC, the company's stock performance has outperformed other companies in the S&P 500 index;
9. @BananaGunBot: The robot is still safe to use, and Banana Gun will not be just a Telegram robot;
10. A large number of "conspiracy" coins appeared on the @trondao network, and the market value of $BULL exceeded 300 million in a few hours, with less than 300 holders;
11. The FOMC voting committee spoke this week, and the extent of the Fed's September rate cut still depends on the data;
12. Aave founder: Aave's thinking model can become the backbone of any real-world credit;
Start to follow the mkr route and move forward steadily
13. WazirX co-founder: A complete token solution will be proposed next week;
14. @jup_dao: The number of votes for the "Small Grant System" proposal exceeded 173 million and will end in three days; Remember to vote, the number of votes is related to the airdrop;
15. @Huobi Global Station is always online @sunpumpmeme On #memecoin, no matter what the result is, at least the process is comfortable.#trxhas the highest certainty!
Note: The next more certain airdrop series
$DOGS (August 26)
$Grass (September)
$Blum (September)
Magic Eden (September)
Finally, the market summary: The weekly closing of the market is very stable, the momentum has not been exhausted, and it will continue to rise in the short term. There is still a chance for the copycat! At the same time, it also enters a large fluctuation range. Pay attention to risk control
Can decentralization continue? Telegram founder and CEO Durov was detained at a French airport! This incident caused an uproar! Especially this Ton directly inserted a very big needle! The arrest of PD this time not only put the West under great pressure, but also attracted global attention. Even Musk stood up to support him, because the founder of Telegram has always been regarded as a symbol of freedom and privacy. But now he was arrested in France, which shows that the Internet is becoming more and more rigorous. I don’t know if anyone will doubt whether the concept of decentralization is still feasible.
1. $BTC weekend market, let's see how it performs today;
2. $ETH is affected by the sale of the Ethereum Foundation and continues to follow $BTC;
3. $SOL is moving in a good direction with the recovery of #memecoin;
4. $BNB is quite strong, occupying the third place in market value, and it will pull up the market at the slightest disturbance;
5. After @durov was arrested, a group of celebrities bought $TON to support him;
@ton_blockchain added the Resistance Dog logo to the X account avatar;
Caused @redotoken $REDO to rise;
6. It is suspected that the @aevoxyz team transferred about 3.18 million US dollars of $AEVO to Bybit;
Do you still want to keep smashing the market after it has come to this?
7. Orbiter co-founder: The full-chain approach is crucial to the future of Ethereum;
8. MicroStrategy founder: In the four years since the purchase of BTC, the company's stock performance has exceeded that of other S&P 500 indices;
9. @BananaGunBot: Bots are still safe to use, and Banana Gun will be more than just a Telegram Bot;
10. A large number of "conspiracy groups" have issued coins on @trondao, $BULL's market value exceeded 300m in a few hours, and the number of holders was less than 300;
11. This week, the FOMC voting committee spoke, and the extent of the Fed's interest rate cut in September still depends on the data;
12. Aave founder: Aave's thinking model can become the backbone of any real-world credit;
13. WazirX co-founder: A complete plan for token solutions will be proposed next week;
14. @jup_dao: The number of votes for the "Small Grant System" proposal exceeded 1.73 100 million, closing in three days;
Remember to vote, the number of votes is related to the airdrop;
15. @HuobiGlobal has been online @sunpumpmeme on #memecoin, not to mention the results, at least the process is very comfortable, although I didn't play, $SUN began to pull back, some big players started to ship on the chain, $TRX continued to rise;