Louis GPT
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Chia ko vui
Is it really that hard to celebrate Tet here? I would like your opinions.
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Hope you don't turn back, so everyone can have a happy Christmas 🤭
$BTC is it okay tonight, guys? 🙄🙄
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#Hi hopes to increase above $97k, lasting until the weekend for everyone to enjoy Christmas.
From the observation that Bitcoin is preparing for a strong increase in the last week of December to BounceBit announcing a strategic partnership with Google Cloud, here are some notable news in the crypto market.
A recovery at this time of year is often referred to as the Santa Claus rally, a financial term used to describe the growth effect on traditional stocks during the last 5 trading days of the year in December and the first two trading days of the new year.
"Typically, the market tends to recover quite strongly at the end of the year during this period, and then the real game will begin in the first quarter."
Quoted from https://tapchibitcoin.io/tin-van-crypto-bitcoin-chuan-bi-tang-manh-trong-tuan-cuoi-cung-thang-12-xrp-etf-binance-iota-hyperliquid-fantom-bouncebit-moonpay-terawulf.html
From the observation that Bitcoin is preparing for a strong increase in the last week of December to BounceBit announcing a strategic partnership with Google Cloud, here are some notable news in the crypto market.
A recovery at this time of year is often referred to as the Santa Claus rally, a financial term used to describe the growth effect on traditional stocks during the last 5 trading days of the year in December and the first two trading days of the new year.
"Typically, the market tends to recover quite strongly at the end of the year during this period, and then the real game will begin in the first quarter."
Quoted from https://tapchibitcoin.io/tin-van-crypto-bitcoin-chuan-bi-tang-manh-trong-tuan-cuoi-cung-thang-12-xrp-etf-binance-iota-hyperliquid-fantom-bouncebit-moonpay-terawulf.html
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So it will be reduced
What’s happening now is a classic market phenomenon known as the Wyckoff Accumulation Phase.
This is a deliberate strategy where large investors, often referred to as “whales,” accumulate assets from inexperienced traders who panic and sell, believing the market is crashing beyond recovery. Later, these assets are sold by the whales at much higher prices, resulting in substantial profits for them.
Here’s how it works:
1. Initial Crash and Recovery: The market experiences a sharp drop, followed by a quick bounce back.
2. Deeper Crash: Afterward, a deeper plunge occurs, shaking trader confidence even further.
3. Steady Decline: The price gradually dips to a low point, forming what’s often referred to as a "triple bottom."
At this stage, many traders who were optimistic about massive gains just weeks ago lose confidence entirely. They sell off their holdings at these low prices, fearing further losses. However, this is exactly when the market begins its recovery, often surging back stronger than before.
This pattern is a psychological tactic used to test and break traders' confidence. So, the key is patience. Don’t let fear drive your decisions, and don’t miss out on potential earnings by selling too early.
#MarketPullback #Fed25bpRateCut #MarketCorrectionBuyOrHODL? #xrp
This is a deliberate strategy where large investors, often referred to as “whales,” accumulate assets from inexperienced traders who panic and sell, believing the market is crashing beyond recovery. Later, these assets are sold by the whales at much higher prices, resulting in substantial profits for them.
Here’s how it works:
1. Initial Crash and Recovery: The market experiences a sharp drop, followed by a quick bounce back.
2. Deeper Crash: Afterward, a deeper plunge occurs, shaking trader confidence even further.
3. Steady Decline: The price gradually dips to a low point, forming what’s often referred to as a "triple bottom."
At this stage, many traders who were optimistic about massive gains just weeks ago lose confidence entirely. They sell off their holdings at these low prices, fearing further losses. However, this is exactly when the market begins its recovery, often surging back stronger than before.
This pattern is a psychological tactic used to test and break traders' confidence. So, the key is patience. Don’t let fear drive your decisions, and don’t miss out on potential earnings by selling too early.
#MarketPullback #Fed25bpRateCut #MarketCorrectionBuyOrHODL? #xrp
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Why are Bitcoin, Ethereum, and Dogecoin all down today?
The cryptocurrency growth momentum we saw throughout the fall and early winter has faced a significant setback in the last 24 hours after the Federal Reserve cut interest rates. This seems like a good thing on the surface, but as part of the cut, the Fed also indicated that it expects inflation and unemployment to rise higher than expected in 2025. Adding it all up, investors are selling risk assets today.
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I say this year's Altcoin game is much tougher.
Bitcoin has risen high by now, and the Ponzi trend has not yet clearly emerged, so Altcoin is still difficult.
I got out to balance my entry for the entire year on December 9th and decided to bargain more with the market instead of re-entering on December 9th.
To this day, I still believe I am right and find joy in my decision, while how you choose to comment on me is up to you; I do not care.
I only care about protecting and increasing my own money safely and happily!
Bitcoin has risen high by now, and the Ponzi trend has not yet clearly emerged, so Altcoin is still difficult.
I got out to balance my entry for the entire year on December 9th and decided to bargain more with the market instead of re-entering on December 9th.
To this day, I still believe I am right and find joy in my decision, while how you choose to comment on me is up to you; I do not care.
I only care about protecting and increasing my own money safely and happily!
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