July is the most important bullish opportunity in the second half of the bull market in the cryptocurrency space.
First, let's review the market conditions I updated in June,
At the end of May, I believed that the Ethereum sector would experience a surge,
As a result, Ethereum almost reached 3000, initiating a brief meme week.
Then, the doomsday machine was activated, causing Ethereum to lead the crash,
Resulting in a significant correction in the entire cryptocurrency market on 6/22.
At that time, I couldn't predict the Iraq War, but the correction point I identified was 98k.
After testing around 98k, the buying pressure the next day was very strong,
So I would now shift to a bullish mindset, as the correction has ended.
Currently, Bitcoin is only 5k away from a new high, but:
1. The greed index is stuck around 50.
2. On-chain whales are still accumulating, while retail investors are reducing their positions.
3. The funding rate is very low.
4. The Ethereum Foundation has been continuously offloading, leading to a bearish market sentiment.
5. Bitcoin ETFs have been experiencing net inflows in recent days.
Now, Bitcoin has been trading sideways at 107K for over a week,
At this point, I would reverse my view and believe that a bullish market is about to emerge.
I think this month will initiate a brief meme week, and I called for re-entry in the group at 106K, with various secondary meme coins already starting to position.
The upcoming market will be very similar to the rally from mid-April to May,
This July has a great chance to rally above 118K,
Once it exceeds this price, I will start to reduce my positions in various altcoins and will also partially reduce my positions in cryptocurrency-based contracts.
Investors in the US stock market have really been played badly; stocks and the crypto world can never be mixed together.
Recently, Ethereum has been rising,
with the so-called SBET claiming to be the MicroStrategy of Ethereum, revived through speculation on Ethereum.
On 7/16, SBET's stock price once reached 36 yuan, with Ethereum at 3000.
Now
On 7/30, SBET's stock price dropped to 18 yuan, with Ethereum at 3760 yuan.
Ethereum continues to rise, but stocks have been cut in half.
The core concept of MicroStrategy is something that various companies cannot imitate,
as these people will cash out ruthlessly as soon as their stocks rise a little, taking advantage of the narrative in the crypto world to harvest ruthlessly in the US stock market.
This is also why I suggest that beginners who want to participate in the crypto world in the US stock market,
must buy the most authentic Bitcoin ETF, and they shouldn't hesitate to try buying Bitcoin themselves.
The process of buying coins is super simple; even elementary school students can do it. Don’t overthink it.
Even if there are companies that really have reserves of Ethereum, if the price is right, it will still be a harsh cut.
Not to mention that there are stocks related to the crypto world and Bitcoin stocks in the Taiwan stock market.
They are all just for laughs or to scam the elderly, completely unrelated to the crypto world.
Today, the high-dividend ETFs in the Taiwan stock market are finally going to collapse,
with a bunch of garbage pieced together, resulting in ultra-low total returns after management fees,
those are truly scams,
once you buy Bitcoin, you can always have control,
stocks are stocks, and coins are coins; there's no such thing as stock-like categories. $ETH $BTC $ETHFI
Bitcoin and altcoins suddenly plummeted, what should we do now?
Recently, the market has fluctuated greatly,
a few days ago, I was worried about missing out on the rise, and now I'm afraid of a drop.
Yesterday, altcoins skyrocketed, with Ethereum nearing 4000, a complete celebration.
Today, there's a significant plunge that plays with your mindset.
Due to a severe cold these past two days, I did not take profit at the peak.
When I woke up, I had already missed the best profit-taking opportunity, so I just left it as is.
Because I have maintained a low leverage and conservative strategy,
yesterday my account briefly reached a high of 1.82 million, now it's back to square one.
This correction has only returned to a few days ago's 1.67 million, which isn't too significant.
The bull market is notoriously difficult, especially since many veterans missed out on the gains this month and ended up chasing highs and stopping losses.
Since the upward momentum has been interrupted, the following days should be similar.
Based on previous experience, this kind of plunge typically lasts at least a week.
But overall, the outlook remains bullish; the bull market will have various spikes that will take high-leverage players down.
So I, as the editor, have also chosen to leave it untouched,
no matter what, it’s essential to be conservative, maintaining a rational and safe approach. $BTC $ETH $BNB
How much could Ethereum's price rise? Is it still a good time to get in? —— "It is definitely still a good time" A few days ago, when Sun was dumping ETH, the market panicked again. Because every time, Sun seems to sell at the peak. But this time, large institutions from the U.S. stock market have fully entered the game, and the selling pressure on ETH was quickly absorbed. Let’s summarize the recent positive factors: 1. Stablecoin Bill: After this bill is passed, institutions will enter the crypto space in large numbers, and they certainly do not want to be the ones buying at the peak like MicroStrategy, so they will consider buying those that haven't risen as much. 2. U.S. stocks fully entering the market: Among the major cryptocurrencies, which ones will they prioritize? It must be "ETH" (Ethereum). SOL has had issues with outages in the past, the Sui chain is not mature enough, BNB is too centralized, and Dogecoin investors may end up worrying again. Considering all these factors, ETH is definitely the best choice. This is also the reason why Cathie Wood from ARKK is fully entering the market. 3. Other institutions preparing to enter: Ether Machine (Ethereum Digital Asset Management Company) is merging with other companies and is about to go public on Nasdaq under the ticker ETHM. Plus, as mentioned earlier, BMNR is also heavily invested in Ethereum. 4. Surging transaction volume on the Ethereum chain: The activity in the crypto space has exploded, and everything is on the way. I previously predicted that funds from the stock market would fully move into the crypto space. Now the second wave is about to set off, and we will wait and see. $BTC $ETH $BNB
The ARK ETF in the US stock market is back in glory, and Cathy Wood has finally made a move.
Recently, Cathy has reduced her holdings in stocks related to the cryptocurrency sector in her ETF.
You might think she has started to turn bearish on the crypto market,
but in fact, she has reinvested that money into a company called 'Bitmine'.
Bitmine focuses on Ethereum reserves,
and this company’s main sources of income are:
1. Ethereum ETH reserves:
Earnings from staking + income from price appreciation.
2. Mining income:
Operating its own mining facility, continuously mining Bitcoin.
3. Mining machine hosting and sales.
This company is entirely engaged in the cryptocurrency-related business.
It is somewhat different from SBET, which primarily focuses on gaming,
recently just accumulating Ethereum, hoping to rely on Ethereum to help the company transform.
Cathy hopes to replicate the experience of soaring with Tesla through this move.
I mentioned in my previous article that
money from the US stock market will continuously flow into the crypto market; Cathy has fired the first shot,
and soon there will be more funds and companies getting on board,
these companies buying Ethereum will continuously drive up the price, and then stake it on-chain, increasing liquidity in the crypto market, leading to more ways to participate.
With more people entering the crypto market, it indirectly pushes up the price of Ethereum, which in turn drives stock prices up, making investors more willing to trust and invest.
Creating a spiral upward.
I will write a more detailed article about Ethereum later.
For my own public chain allocation, I have also allocated part of my SOL and Sui to Ethereum.
Should ordinary people play altcoins or stock up on Bitcoin?
If ordinary people want to turn their fortunes around, should they play altcoins or obediently stock up on Bitcoin? This question is actually a false proposition, because in the end it still relates to — 'Body + psychological quality + age are related.' All the crypto experts I have seen, Whether they are very strong traders or top players in the blockchain, both physical and psychological qualities are maxed out. For example: A while ago, 'Eagle Capital' turned 5000 RMB into 4 million USD, often sleeping only a little each day, jumping up to trade when the market moves. The 'CryptoD' brother who plays Trump coins and becomes rich overnight spends more than 10 hours a day sitting in front of the computer scanning chains.
The closer we get to the later stages of a bull market, the harder it becomes, and the emotions will be more taxing.
Yesterday, when Bitcoin was at 119,400, we reduced all our leverage positions.
At that time, we observed that mainstream coins were rising continuously, while altcoins were continuously falling,
so we decisively withdrew everything at the high point.
However, later I looked at the computer and saw my eye pressure was too high, and I had a bit of a cold, so I took a break and really didn't post, sorry for the interruption yesterday.
When it rose to 120,000 at noon today, I isolated my phone and social media, trying to keep my emotions in check.
Stay objective and calm, and when we find an opportunity to buy during a dip, we will go all in again.
Tonight, when there was a significant pullback, I bought back in at 117K,
with Bitcoin-based contract grids, SOL-based contract grids, and meme coins all fully onboard.
This wave was very smooth,
although there is again a strong bearish sentiment and atmosphere,
I will maintain my bullish outlook moving forward.
The editor's account has also reached 1.69 million during this wave,
and operations in the late stages of a bull market will become more frequent, so it’s hard to post every time in real-time.
How do the market makers and top capitalists legally harvest retail investors like leeks?
The answer is: "Create a bull market."
All stocks rise, all cryptocurrencies rise, all real estate markets rise; it's all just a scam.
During a bear market, retail investors are afraid to invest, while market makers lay out their positions at the bottom.
Then, they create a false image of prosperity in various ways,
making people who earned money during the bear market chase in when they see the bull market rising across the board.
Then, at the height of everyone's greed, they sell off all at once, causing the money that people earned to be trapped again for harvesting.
When the market enters a bear phase, retail investors, having no money and feeling desperate, are then willing to go work.
Market makers then use retail investors' money to spend during the bear market, allowing money to circulate in the market.
The sickle must harvest the leeks,
so that the labor force in the economic market can continue to thrive, and the Earth will not stop functioning.
"It is necessary to make all retail investors lose money as much as possible"—this is the mission of the market makers.
This is why you see during a bear market, everyone is working and not caring about investments, only the top-tier people are concerned.
It turns into:
1. If you don't invest, you suffer from inflation, and your purchasing power is diminished.
2. If you invest, they exploit your greed and then harvest you.
Leeks absorb nutrients from the soil → all things grow → the harvester appears → when the leeks are desperate, they start watering → the leeks continue to absorb nutrients from the soil.
This forms a food chain.
This kind of food chain with a sickle will appear everywhere related to capitalism.
Including gender relationships, social culture, academic competition, etc.
Will Bitcoin have an eternal bullish market (supercycle)?
To start with the conclusion, I believe "it is impossible".
After the listing of Bitcoin ETFs in the US stock market last year, many people thought that Bitcoin's bull-bear cycle would be disrupted.
Next, there would only be a long-term bull market with continuous rises, and there would be no more selling pressure.
But the biggest player behind Bitcoin is not the exchanges, nor the institutions, but the "miners".
Miners extract coins in every cycle, often selling during the market's most greedy and liquid moments.
They realize the profits from the costs accumulated over the years in the mining fields, and as long as they sell to a certain extent, the market will start to panic, leading to a downward spiral.
Once miners believe the price is reasonable, they will restart their machines to mine again.
Then, they will start hoarding coins until the next bull market arrives, repeating the process of selling at the peak.
Miners do not dump all their coins at once; instead, they sell gradually,
selling slowly when everyone is chasing high prices and liquidity is at its best, trying not to alert the market. Selling too much at once can cause panic.
Therefore, when selling, there will definitely be positive news to accompany it, creating a huge feast, trying to make retail investors the ones to take over the positions.
Currently, there are no signs that miners are selling,
which is also the reason I believe there will still be a great bullish market ahead.
I expect Bitcoin to reach an extremely exaggerated price before September,
and then miners will slowly sell off until they all exit with a flourish before the end of the year.
This preaching man has 3,000 followers on Twitter and 20,000 followers on Threads~
Thanks for following me.
Recently, there have been many people leaving messages and sending private messages on IG. I originally wanted to maintain the habit of replying to every message, but now the speed has slowed down.
I stayed up late at night during the meme coin battle a few days ago, so my belly has grown directly.
I am afraid that my belly is too big and I can't see my penis when I pee.
I also want to be handsome, brothers, fuck, fuck, fuck😭
I spend a lot of time studying every day,
so that I can better post the information, my experience and opinions,
the pace will be faster and faster recently, so I may not reply to messages immediately, but I will read every message.
Because I am almost always spot, even if I am very optimistic, I am always in awe of the market and always suspect that I may be wrong, so I have to make my own decisions with high leverage.
So in order to maintain a certain quality of replies, if you ask me if I can go long or short, I will give you a like, but I may not reply to you.
My strategy has always been the same as my IG posts. I always have to be defensive and conservative.
In addition, the big group is almost 3,500 people, and it is expected to stop accepting after 5,000 people.
Family members can find the DC group and LINE group by clicking the link below my profile.
You can also search for "Bitcoin Savior" to find our group.
Family members in Hong Kong and Malaysia, please wait for me for a few more days. I don't have a TG group yet.
At that time, I judged that there would be a big bull market after April.
Later in May, I specifically explained Trump's plan in the cryptocurrency circle, and now they have all been verified one by one.
From the passage of the stablecoin bill,
to various American companies that are about to be delisted, they can be revived by buying coins crazily.
Next, you will see various companies buying coins, and then Defi on the chain,
They get more interest, and the entire cryptocurrency circle will take off.
Stock prices soared, and the money from US stocks was invested in the cryptocurrency circle, and the cryptocurrency circle rose more, and then stockholders continued to invest, rolling like a snowball.
Although there is no new narrative for Ethereum, creating a new round of Defi is the beginning of a narrative.
I didn't sell the Ethereum and Ethereum series in my hands at all, and even added positions yesterday.
It was originally expected that Ethereum would return to 3,000 to 4,000 in August and September,
Now it has reached 3,800 in advance on July 21, and a new public chain war is about to be triggered.
The purpose of Trump's tariff war is to create a low point.
Trump has created a perfect bubble for us in the cryptocurrency circle. Brothers just need to make a good layout and wait for the assets to expand.
Then a few months later, when everyone's emotions reach the peak,
We must wake up from the script quickly when everyone is singing and dancing.
The next bubble will be blown bigger and bigger.
The bigger the bubble, the more tragic the bear market will be next year.
But before the bear market,
First enjoy the huge opportunity that Trump has created for us.
The third wave of Bitcoin is about to start, and I announced in the group last night that I was bottom-fishing.
I was originally planning to wait until 114K, but I didn't wait and fully jumped in yesterday.
BTC bought at 117700 ETH 3550 SOL 178 SUI 3.82 WIF 1.07 Bonk 32nd floor Pepe 13.6th floor
In the next two weeks, public chains and meme coins will be the version answers:
1. Public chains:
I have been holding 10% of Ethereum without moving, and when it hit 3550 yesterday, I let everyone jump in again. I will write another article with my latest views on Ethereum.
Next, prioritize SOL and Sui, and also add a bit of platform coins BNB + BGB.
2. Meme coins:
In the last wave, I mentioned that Bonk would be the version answer for the previous week. After the recent fluctuations, I observed for a long time last night.
The next wave departure will be Wif, and Doge will be the King of secondary memes in the next two weeks, while Bonk will be placed second.
Next is Pepe, which will also rise due to the Ethereum series taking off.
Finally, Floki will be placed last because there were too many retail investors chasing it in the past few days, and the big players couldn't shake them off. The big players might prioritize pulling up other coins and will only pull it up once the retail investors have switched coins.
This is a psychological battle, conclusion:
"Wif > Bonk > Pepe > Floki"
Wif even has the chance to rise to 2u, and Bitcoin could reach above 130,000.
Brothers will see the truth in early August! $BTC $XRP $BNB
BTC 117700 Eth around 3600 Sol 177 Sui 3.82 Wif 1.07 Bonk 32nd floor Floki 13.6th floor Pepe 13.2nd floor Ethfi 1.28 Everyone got on the bus, no time to explain $BTC $ETH $XRP
What will happen to Bitcoin next, can we still increase our holdings?
First, the conclusion: these days are your —— last best opportunity to increase Bitcoin holdings.
I have mentioned the best opportunities three times:
1. When there was a major drop on April 7 this year.
2. At the end of June last month.
3. Right now, Right Now.
The day before yesterday, I posted about fully withdrawing from meme coins and also anticipated that Bitcoin's rise would take a break for a few days.
Now Bitcoin has indeed fallen back to 117k,
this few days of buffer period is to allow you to prepare quickly, the crazy bull market is about to arrive, otherwise, you will have to wait another four years.
The next wave of battles will restart next week,
I wrote in my pinned July market analysis that this month has been a continuous rise.
It has been rising and rising and rising, only these few days are meant for you to take a breather.
Next, there is a chance to pull back to around 114K,
and then aggressively attack to above 130k, continuing to rise until early August.
In these few days, I will observe several meme coins and then re-enter.
I have endured humiliation and have been hoarding Bitcoin, waiting for this crazy bull market to kick off the altcoin season for four years.
In these few days, I will gradually find my version of Meta coins,
and will share them first in the group after proper allocation. $BTC $ETH $XRP