As for the market, it has failed to break through 25200 several times, and it has also fallen below the support level of 23300. I have also failed several times to break through 25200. But personally, I am optimistic about the market situation next month. There is a high probability that it will still go to the 26,000-28,000 range, but it will take a step further to go higher. The only difficulty now is whether this callback will be a daily level callback or just a four-hour level callback. If it is only a four-hour correction, the adjustment time period will only be about a week. For a daily level correction, the time period will be much longer, which is basically three times the four-hour correction time. #BTC #crypto2023 #ETH
The stupid but effective investment trajectory of the pie circle is: 1. Large positions only make profits through big pie or concubine, exchanging certain risks for certain returns. Although the returns are small, the risks are low. 2. Use small positions in the profit part to play with various emerging projects on the chain or copycat cakes or native dog cakes, and use small positions to strive for high returns. Even if you lose money, it doesn't matter because the amount of funds is small and you have the support of the first step of profit in exchange for possible high returns. But most people have done it wrong, done the opposite, and have been fooled by various myths about getting rich. If you just want to use your large position to play with new copycats or new cakes, and then try to play with big cakes when you get rich, you will fall into an endless cycle.
Regardless of whether this wave is down or up in the short term, I will look at Ether 1780, which is around 26000. I will ship there, and then change positions and buy some copycats. I personally think that where I will ship is the decision I made a month ago. The strategy is to insist on taking profits, and then why buy copycats? Because that resistance level has the opportunity to form a momentum-building structure. If a momentum-building structure is formed, then the copycats will have a high probability of being swarmed with demons. If it is a large retracement, then small The copycat position is only part of the profit, and the small gain makes the big gain. #ETH #crypto2023 #Binance
On January 31, Bitmain donated 100 E9Pro units to the decentralized non-profit organization ETC Grants DAO to promote the prosperity and development of the ETC ecosystem. On the same day, the first round of ETOGrants DAO million-dollar funding program opened for applications and will end on April 30. Winning applicants can choose to receive funding in the form of ETC or equivalent mining machines. #ETH
According to news on January 31, Filecoin stated that it will officially launch the EVM-compatible FVM Virtual Machine (Filecoin Virtual Machine) within a few weeks. Currently, more than 100 teams are building on FVM. It is reported that Filecoin has previously stated that it will launch in March 2023 Online FVM. FVM combines smart contracts with provable storage In combination, it can be used to deploy programmable storage primitive language, cross-chain interaction Operational bridges, data-centric decentralized autonomous organizations (DAOs), Layer2 solutions, and more.
In the end, the bulls in the market were not killed by the bears, but the bulls killed the bulls. The bulls changed direction, and the long and short forces tilted, resulting in a one-way market. However, it is not very practical for altcoins, and the chips are too concentrated. It is more suitable for currencies such as Ether, which have large capital accumulation and a large number of institutions. #ETH #BTC
Assuming that the pie reaches around 26,000, I think there is a high probability that it will pull back. As for how much it can pull back later, it depends on the strength of the pullback. If the pullback is strong, it will still rise in the future, but the height will be average. If it can hold half of the More than a month, I think the follow-up height will be good, and I may even touch 33000 Then probably two weeks ago, when the price reached 1650, I was reminded that if there was a correction, that would be the time. Looking back now, I still proceed as I said at the time. Now I still continue to be bold and bullish, hoping that the market will continue. Proceeds as expected now. When it reaches 26,000, I will definitely sell a lot of goods, and I may chase the highs or be short in the future. My operation level is not particularly big. I take it one step at a time. Unlike other people who look at the weekly and monthly levels, they Perhaps the first batch of goods will not be released until 33,000.
Sideways or slight corrections can be understood as building momentum. The main funds are changing hands, but the big funds are still in a bottom-up state. If the correction is large, it can be understood as the main force closing long positions or shipping. A large correction is definitely caused by the main funds. , retail investors do not have the power to ship in large quantities at the same time.