I am not optimistic about most altcoins. The rapid rise of $ETH has significantly drained the liquidity from altcoins (while BTC has been continuously withdrawing liquidity). There is only so much meat in the pot, and adding various kinds of food continuously means that out of a plate that is already small, only a few can hold on. We can see that SOL, XRP, ADA, TRX, and other major altcoins have diluted the market cap of altcoins to the point of exhaustion (excluding the blood-sucking degree of BTC here). So if you are waiting for an altcoin season, I advise you to let it go early, after all, you have to be responsible for your own pocket. If the capital is large enough, buy ETH (over 1 million), medium capital buy SOL (around 500,000), small capital buy DOGE, ADA, TRX (hundreds of thousands). Relatively, there is still a good potential for growth #以太坊创历史新高倒计时
Indeed, if retail investors follow the method of seeking a sword by carving a boat, they are likely to fail. This also includes $INJ
价值投资者-赚哥
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The market environment has changed for a long time, and it's time to adapt. Just because Bitcoin and Ethereum are rising doesn't mean all altcoins will skyrocket. There are too many coins now. Even with the crazy speculation like in 2021, it's impossible for all coins to rise. Good coins like HYPE, ENA, and ZORA are rising because they are worth it. If your coin hasn't rebounded since the low in April, ask yourself why. It's not that all coins that haven't risen are dead; of course, stories can change, and some coins can be revived. But if there are no reasons for your coin to rise other than hoping for an altcoin season, maybe it's time to let go.
$CFX $AR try not to touch these two coins. One is a purely domestic project, and one has a community full of Chinese people. Especially AR, without mentioning other places, just in the Binance Square area, if you see analyses that seem very professional and are filled with seemingly favorable words about AR, but in the end, the people praising it are likely part of their AR community.
$ETH has risen too quickly. This greatly increases the likelihood of missing out on the altcoin market, meaning that the long-term waterfall of altcoins will arrive earlier. However, many people are waiting for new heights in altcoins, and if that's the case, it may disappoint 99% of people.
$INJ 1. The price increase (fluctuation) was already completed when the positive news was released. Start selling in conjunction with the news. 2. The price starts to fall when the positive news is released, directly selling in conjunction with the news (it is important to know that a washout is paired with bad news, not good news).
The reality is that we are currently in the second situation.
$INJ When positive news is released, the increase (fluctuation) has already been completed. Begin to sell with the news.
When positive news is released, it starts to decline, directly selling with the news (it's important to know that a shakeout is associated with negative news, not positive).
$INJ Most people's IQs are crushed. Money isn't mine anyway; I can desperately add to my positions for the things I've seen a lot of/in spot market. But I'm sorry, I still remain bearish👌 #美国初请失业金人数
The buy orders for $INJ are significantly greater than the sell orders, yet the price is sharply declining. This indicates that it is a sell-off rather than a so-called shakeout. (Buy orders are gradually being withdrawn, while sell orders are gradually being added; this is an indicator and not the standard for watching the market.)
#以太坊交易量反超比特币 The reason why altcoins have short bullish cycles is fundamentally due to liquidity. Insufficient liquidity cannot support high prices, and coupled with the fact that most people want to get rich overnight, retail investors prefer to buy the dip on some altcoins. Some even prefer to go to the primary market, even if it means betting on 99% risk, just to capture that 1% chance. Whether it's Bitcoin, Ethereum, or SOL, or even lower-quality altcoins, some large institutions and capital prefer to take on these three, and the reason still boils down to liquidity issues. We can see that SOL's initial price basically rose in a straight line, which reflects the initial level of control. After reaching a high point, institutions and market makers will maintain a certain price to distribute, take over, wash, and perform a series of operations. Of course, SOL's situation was somewhat affected by the FTX collapse, but as long as liquidity remains relatively high, rising is not an issue. Why is it difficult for most altcoins to rise again after a drop? There are two core reasons: liquidity and the retail investors' tendency to buy the dip.
#山寨币热点 Whether or not to buy altcoins does not mainly depend on what project it is, because while you are looking, others are looking too. The real time to release positive news is when it's time to harvest and sell. Fundamentals and project budgets do not need to be a concern. What really matters is the attention and popularity of a particular coin → both of these points should not be too high or too low. Therefore, the project itself is just a small aspect; the larger aspects are other reasons → starting market value, total supply, circulation, unlocking, staking, retail investor holding levels, etc.
$INJ Maintains the same view. The increase in volume and decline is just the beginning. It seems to have been rising for a few weeks, but this is very small in magnitude for altcoins. So I conclude that the long-term outlook is bearish. It is still that fundamental reason → Liquidity
#山寨季來了? The trend of altcoins in this round is really strange; Bitcoin keeps breaking its previous highs, while altcoins are constantly hovering on the edge of new lows. BTC is about to break $150,000, so at this moment, do you still have confidence in altcoins? 🐶
$INJ A longer period of slight increase, almost every breakthrough is exceptionally difficult. First, you need to understand that if this trend is applied to BTC, it is bullish, but if applied to altcoins, it is likely bearish. I am not judging because of the current decline, nor will I make decisions based on the slow increase from a while ago. The fatal problem with altcoins is that there are too many altcoins that need to be reached. Here, let's take INJ as an example. The fatal problem with altcoins is liquidity, in other words, the ability to maintain a certain price. This issue becomes obvious when the coin price is at a high level (and also during a longer period of decline). Taking BTC as an example, this is considered the second increase, and it has already broken a new high, which means that a higher price also indicates stronger financial support. Therefore, I conclude that the price of altcoins will not be ideal. Already financially free, leading you out of the gloom #山寨季來了?
#山寨季來了? The liquidity of altcoins is weak, combined with the greed-driven rhythm brought by BTC, so I am bearish on altcoins. A higher BTC price also means that more capital support is needed, which will result in even worse liquidity for altcoins than before.
The second round of the rise of $INJ BTC, 99% of altcoins will not break through their previous highs. This is not carving a boat to seek a sword, but rather that most altcoins have already experienced early volume increases and early rising transaction amounts. The relationship between volume and price remains unchanged.
🔥 Cryptocurrency is going crazy! Total market cap surpasses 4 trillion dollars
Bitcoin has surged to a historic high of 123,000 dollars, and Ethereum has broken through 3,760 dollars (the first time since last December), with altcoins like SOL also rising.
The U.S. 'Genius Act' is in effect: the president has signed it, allowing Wall Street giants to issue stablecoins! JPMorgan, Bank of America, and Citibank have announced plans to launch their own stablecoins, accelerating institutional investment entry.
If $INJ rises, it’s called ‘dad’, if it falls, it’s ‘mother’s curse’. If you assess the growth logic, you will clearly understand that this round of increase is accompanied by difficulty, and institutions have hardly participated. The continuous draining of BTC will break through your psychological defenses, and it is certain that it will not reach your psychological expectations; it may even be worse. The decline will come earlier, this round of market involves BTC, ETH, and SOL. If the majority of people are willing to let it rise, then you need to be cautious, because only at this time can the large holders who want to offload their stocks make profits and exit earlier. So you must understand that stocks are counterintuitive.