Commemorating the Alpaca that is about to be removed
What is the reason behind the phenomenal rise and fall of the Alpaca?
1. There is nothing left to speculate in the market Especially in the spot market, there is basically no liquidity. The real battlefield is no longer in the spot market, and the trapped positions are severe, leading the main players to give up directly.
2. Contracts have become the main battlefield At this stage, contracts are more likely to attract speculative traders. As long as someone is strongly shorting, there are several times the counterpart orders to counter.
The market is no longer speculating on any trend expectations but is a naked game of existing market stock and harvesting.
Describing it as a cryptocurrency version of the Auschwitz concentration camp is not an exaggeration.
The only financial power comes from shorts, which have all been completely harvested.
3. Review
It is important to see the current market situation clearly: 1. There is no liquidity in the spot market 2. The market has no main themes 3. Old altcoins are struggling to survive and face delisting risks.
4. Low market cap pumps are easily shorted, and shorting will attract larger counterpart orders to counter.
Summary: Where the funds are, the sickle is.
For the retail investors to survive, hold onto mainstream spot assets, avoid hot altcoins, and definitely stay away from contracts.
The last one said to short, and instantly got blown up
A group below mocks
This indicates that the market sentiment is indeed filled with too much hatred for bears
Leading to the more shorts there are, the more the main force pulls up
And not the more it rises, the more people chase
This is very different from when the altcoin craze was frequent before
It shows that the types of market investors have only left contract veterans and there is still a fear of heights, a hatred for junk coins, and a sentiment of skyrocketing delisted coins
However, the underlying trading logic has changed; in fact, the true bulls in the market have died
This round of gold will rob 80% of the wealth of the ordinary public.
Some investors are always slow to react.
By the time they see the opportunity,
they are just one step away from the trap.
The continuous rise of gold only brings more negative feedback for businesses.
More essential gold jewelry cannot be sold, and the cost of wedding essentials suddenly increases, instead attracting more investment demand for gold purchases.
Where is the top of gold? No one knows.
But once it drops, countless people will rush to bottom fish.
The inertia of thinking formed by 2-3 years of rising trends is very hard to change; those who manage to escape the peak of gold will not exceed 5%.
Ultimately, it traps them forever in a historical cycle with no possibility of escape.
Ordinary people should not touch gold.
If it rises, you won't make a fortune; if it falls, you'll be completely ruined.
You can't earn money outside of your understanding.
If you cannot judge where the market's sentiment is heading, you can look at the Bitcoin Fear Index or observe the liquidity situation of most altcoins.
A market with no liquidity is a market worth paying attention to; it often indicates that the enthusiasm has significantly waned. You can either wait and see or start dollar-cost averaging early. Due to frequent surges and drops, swing trading is also worth considering. There is no rise without reason, nor is there a fall without reason; behind it all is the game of expectations for the future.
Investing is about enduring a period of being broke until you reach a period of being wealthy, from a market full of bearish sentiment to one where the bearish news has been fully absorbed and good news is continuously released, a market filled with crazy liquidity.
Bitcoin recently experienced a significant rebound, which brings to mind a very important topic: liquidity. Let's start by discussing the real estate market. We know that most houses have dropped significantly over the past two years. If you have a house in such a market, it is very difficult to sell. Many people list their properties and wait from the beginning of the year to mid-year, without any inquiries. If a neighborhood has 300 listings, it is very difficult for him to break through the competition among these same-type 300 listings. There’s no other way. If most homeowners are anxious to sell, they might directly drive the prices down. The more they list, the lower they go, and eventually, they are forced into a psychological lowest price. In fact, the real transaction price is still far from the listing price, but everyone is unwilling to roll in the open and pretends to continue waiting aimlessly in the most miserable market.
Currently, the bottom support for the elder brother is raised to 90,000, and it is expected to fluctuate around this position. Only after the fluctuation will it surge again. The second target remains at 100,000, and a 20% increase from there will set a new historical high. We'll see when this can be achieved. E is now accelerating, with the lower support raised to 1,600~1,700; as long as it doesn't break, everything is fine. It is expected that there will be further speculation on positive expectations.
The characteristics of altcoins now are that the main player remains still while it moves significantly; it moves significantly along with it, taking the opportunity to rise. If the project party doesn't rise, where will the profit opportunities come from? There is still time for you to layout your altcoin strategy, so act quickly. Many people still haven't reacted; by the time they do, it will be at a high position. Operation advice: remember that during this surge, altcoins that rise 50-100% in one day should be taken for profit at any time, and those that rise continuously for several days should learn to take profit in segments.
In line with the prediction, the overall rebound of the counterfeits is quite good, the sector rotation from Korea, games to now multiple sectors have exploded, today mainly the new coin sector, a comprehensive short squeeze market, it has really dropped a lot, with some dropping several times to dozens of times, it is relatively difficult to make money going down, better to make money going up, some have surged over 100% in a day, with the chips being so cheap, spot just happens to be collected, contracts are also profitable, double profits
Currently, this stage is a phase of lack of liquidity
In this stage, being trapped at 30-50% is very easy to resolve
Once liquidity is restored, this pit will be filled immediately, and then it will enter a tug-of-war between bulls and bears, considering whether to make a follow-up rise or to buy low
If we really have to say which stage is the easiest to make money trading coins
It is this stage
For short-term trading, as long as it rises, you sell