Basically, it can be 99% certain that after the drop, we have the three elements for a bottom (large drop, significant rebound candlestick, prolonged sideways consolidation).
After being hammered for over four months, there hasn't been a single rebound. Don't tell me that bear markets don't have rebounds; it's absolutely impossible that there hasn't been a rebound. Also, don't tell me that this time is different because it's a financial crisis; there's nothing different about it. After a significant drop, there must be a rebound.
Here, when selecting altcoins, choose those that are on OKEx and Binance for spot purchases (they cannot be flagged as observations), with a market cap of under 100 million USD (total market cap, not circulating market cap), with a minimum of 1-2 times increase over a maximum of 45 days.
I am very confident.
Buying spot altcoins now is absolutely impossible to be trapped; even if trapped, it would only last a day or two. If there isn't a 1-2 times return after 45 days, blacklist me and delete me directly.
After four months of no rebound, not even at the four-hour level, even if the Earth were to be destroyed, there would still be a rebound here, a significant rebound at the daily level!
Now, basically 99% of retail investors are too afraid to buy. The more afraid they are to buy, the greater the opportunity!
Missed the big bottom on April 7th, the recent pullback is the last opportunity to get on board! "What risk is there? The biggest risk is thinking there is risk."
This is the last wave of the altcoin season, if you don't grasp this wave well, it won't just drop 2-3 times after it ends. #BTC再创新高
1. You don't need that much, 100 ETH is enough. In the future, your monthly living expenses will just be a part of the interest generated by ETH. You will find that in this lifetime, you really don't need that much money.
2. ETH itself has no risk. The biggest risk with ETH is that you think there is a risk, and as a result, you can't hold on to it.
3. There's no need to analyze the reasons for ETH's rise. The sun rises not because the rooster crows.
4. Looking back at the ETH K-line in a few years, the whole of 2022 will just be a straight line.
5. One realization: there are no manipulators in ETH. Some people think they can manipulate the market, push it up to sell off, only to find they can't get back in.
6. Taking out a Porsche car key is not as good as opening your phone and seeing that 100 ETH is still lying in your wallet.
7. Seeing 10,000 when ETH was at 4,800, what kind of skill is that? Seeing 100,000 when it was at 2,000 is the real big picture.
8. You are all ETH hundred coin holders; in the future, holding 100 ETH will feel as good as holding 100 BTC does now. The shock it gives people in a few years will be no less than telling someone today that you have 100 BTC.
9. I don't think gold will become ETH's competitor. A goal of surpassing gold seems too small for ETH. The goal of ETH must be to at least replace the dollar's position as a currency.
10. In the future, you will find that you don't care about the quality of life; holding ETH in hand is the highest quality of life. #BTC再创新高
The 6 coins mentioned a few days ago, the mask coin has already reached the target position ahead of time. The price mentioned was 1.4, and the expected target price is 1.8-2. You can sell a portion, and those with a larger vision can hold on for accelerated volume increase. The other 5 coins will also gradually reach their target prices. The current market situation is such that individual coins are being pulled one by one; a general market rise usually happens in the mid to late stages. #山寨季何时到来?
The Blood and Tears of a Cryptocurrency Trader in Xi'an: 50,000 turned into 1,000,000, a 6-year contract career ended in a liquidation, still trying to fill the hole... From 'getting rich overnight' to going back to zero overnight, I shattered my dream of wealth with my own hands.
At 3 AM, the office building on South Second Ring is lit only at my workstation. The K-line on the screen hurts my eyes, Bitcoin suddenly spikes, and my margin account is down by another 20,000. This is my 6th year of trading cryptocurrency, and the 3rd year since the liquidation — once a 'contract myth' rolling from 50,000 to 1,130,000, now only a mountain of Lihua cigarette butts in the ashtray.
In 2018, the Great Tang All Day Mall was brightly lit, and I was at Starbucks using my phone to open a 20x leverage position. At that time, ETH was only 200 dollars, putting all my money in felt like playing a game, watching my account jump from five figures to six figures. At my craziest, I was woken up at 4 AM by a profit-taking notification, and the screenshots of profits shared in WeChat Moments were more frequent than influencers checking in.
During the crash on March 12, 2020, I doubled down to 50x leverage and made enough for a BMW X5 in three days. Eating Japanese food by Qujiang Pool while discussing 'financial philosophy', I thought Buffett's annualized 20% return was simply weak. Until the night LUNA went to zero two years ago, my name was prominently on the list of 20 billion in liquidations across the network — the liquidation price was only 0.3% away from the forced liquidation line, and my phone was smashed directly under the cherry blossom tree at Qinglong Temple.
Now, every day I ride a shared bicycle past SKP, I always look up at the luxury stores I once squandered my money in. I’ve quit leverage but can’t quit my addiction; when my salary arrives, I first plug the hole in the contract.
"To friends who see this: If you’re thinking of using Huabei or Jiebai to try to get back into the game, stop while you can! I’ve seen too many brothers laughing and talking by Qujiang Pool, and now they can’t even afford rent in Sanqiao..."#我的EOS交易
"This is the bottom where the imitation season begins, or there will never be an imitation season" Just like the military is as certain as I am on April 7th that this is the bottom!
What kind of person would have the mindset to report this! Focus on studying technology. Resend it! #山寨季何时到来?
The market has developed to this point, and I believe 99% of people are very desperate. Altcoins seem to be dead, and currently, there are only two paths ahead: one of despair and one of hope. Despair is that everyone has no hope because altcoins have been performing poorly. Hope is that there is still a glimmer of luck that we might welcome an altcoin season. Right now, altcoins are either at the bottom, having all hit the bull market support level, the second wave of support. The strength of waves 1-3-5 is the greatest. If the second wave retracement holds, altcoins will start a third wave upward, and the strength will be significant. Currently, most of the weakness in altcoins is normal since there has been a continuous four-month decline, which needs to deliver the final blow to retail investors at this moment, and that is despair!
A very realistic question at the moment is: either this is the starting point of the altcoin bull market, or altcoins are going to drop further and break through the current position downwards, in which case there will never be an altcoin season.
What is the conclusion? If this is the starting point of the bull market, this is the last round of the bull market, and after it ends, there will be endless darkness.
It is also the last multiple-choice question for all those who are striving in the blockchain! Analyzing this here or listening to anyone's analysis is meaningless; make your own choice.
"If there is an altcoin season, now is the bottom; if this is not the bottom, there will never be an altcoin season."
I believe this is the last opportunity to get on board.
Celebrate, there won't be another chance. Next time this kind of opportunity comes, it will take a lot of people dying for it to appear [旺柴]. This time you didn't dare to go all in, but next time you might not make it to this point. #山寨币交易
Everyone here is waiting for the big pancake to choose a direction, including altcoins, so if contracts are opened here, prioritize Ethereum. If it rises, Ethereum will definitely rise first; if it drops, Ethereum will drop less than altcoins. --- Trading is a business #SEC推迟多个现货ETF审批
The contract rolling techniques discussed in the live broadcast are very suitable for the current situation where there is generally no pump, as the next moment could mark the beginning of a four-hour level main upward wave. After the rise, it is generally not applicable because the risks are high and the profits are small. The risk-reward ratio is not high. #美股财报周来袭
Making money through trading doesn't require many times; one time is enough. Place a heavy bet on that one right time.
[Making money through trading doesn't require many times; one time is enough. Place a heavy bet on that one right time.]
I believe 99% of people have heard this saying, and I have always believed it; ordinary people want to get rich in this industry not through stable compound interest, that's just a lie for children. Ordinary people are always stuck in the strange cycle of 'one coin having a big rise and multiplying several times, earning 20% and can't resist selling, while holding onto losses when it drops several times, always making small profits and big losses.' A friend online said that he made 700,000 with 400U in two days, and I even asked him to send me a screenshot (see image below). Although he eventually got liquidated, at least he achieved that!
The contract has been maximized for a few days, and it will basically come to an end today or tomorrow, and the opportunity to make money in gold will also come to a close.
It has lasted for half a month!
There won't be much fun next week. It's not that it has peaked, but it is no longer suitable for rolling over contracts.
Neo current price 5.74【First target 8-9U】 Ldo current price 0.76【First target 1.1-1.3U】 SSV current price 5.9【First target 8.5-9.5U】 Since the last time it was mentioned that the altcoins must double, it hasn't been long, about two weeks or so, and the target prices for these three are also roughly aiming for double. Expected to be completed in about 15 days.
Market Viewpoint: After four months of declines, the likelihood of breaking new lows in the short term is almost impossible; it will mainly be dominated by fluctuations. Such a significant drop, even if it reaches the bottom, requires a long period of oscillation to establish a base, just like reaching a peak also requires time.
Ethereum is expected to fluctuate between 1400-1700 for about 15-20 days. Even if there is significant positive news to push it up, it will come down and continue to oscillate. Conversely, if there is negative news causing a drop, it will also quickly recover on the same day. During this fluctuation period, it's normal for the price to trick buyers and sellers. Currently, I personally have not invested more money and am waiting for a bait-and-switch, which means breaking below the horizontal range during this consolidation phase; such breaks will quickly recover.
For altcoins, except for those with negative news, it is unlikely for others to break new lows.
For the past four months, there has not been a substantial rebound, so it is worth looking forward to a rebound market. If we enter a bear market, Ethereum would also need to drop to between 1950-2150, which is the worst-case scenario. The best-case scenario is that the bull market has not yet arrived; the end of last year was merely a bear market rebound. Following Trump's signing of favorable documents, the real bull market began. Currently, we are still viewing this as a bear market. According to the previous viewpoints: altcoins have at least about double the space for rebound.
This round is estimated to focus on established coins; new coins generally just raise money upon listing, and established ones have also been in a bear market for many years. This round, established coins remain quite resilient, with minimal declines.
The ETH, AXL, and ICP yields are pretty good, and I am still continuously increasing my positions and rolling over. It has been four months of decline, so please return what I lost all at once.