Some people are still waiting for the 1500 second pie. Are you foolish or is the main force foolish? When it dropped to this price level some time ago, everyone was scared to death, and there were very few who didn't curse online. For now, the Federal Reserve won't lower interest rates and it won't drop to 1500 again, but it might in the future. Those who cut losses at this price level were thinking of buying back when it dropped to a lower price, but as a result, they missed out. These people can just wait slowly. If you're afraid while holding the second pie, it's probably difficult to make money in the crypto circle.
If a large amount of money drops a few thousand, it’s considered a big drop. For coins at this price level, a drop of seven or eight thousand is very normal; you could say it's just normal fluctuation. It's similar to a ten-dollar altcoin dropping two or three dollars, which is quite normal. What is considered a big drop? If the large coin suddenly drops to 70,000 or 80,000, that would be a big drop. There are too many long positions in contracts, so it has to drop; it needs to liquidate those long positions. If it doesn’t drop, how will the main players make money? If you now flood the market with one billion in short positions, the main players will immediately push the price up, and at that point, it won’t drop. Besides these factors, all other news is secondary.
The fierce kick of 125, altcoins have hardened for 3 times, but have softened again. As long as there are no interest rate cuts, altcoins shouldn't expect a big rise, and the same goes for Ethereum.
Analyzing this way and that way, the most direct reason is that there are too many short sellers. Once the selling price is lower than the short selling price, the main force will not hesitate to drive the price up to force the short positions to liquidate. So, gambling with the main trader, who will win.
How high Bitcoin rises is of no use to altcoins, and 95% of retail investors do not hold Bitcoin. Only when Ethereum rises can it bring up the prices of altcoins.
You can do whatever you want with shorting the contract, let's see if the main force has more money or if you have more money. If you can't get liquidated, you won't know how strong the main force is.
Don't think that the market has no money; there is plenty of money in the market. The market cap in the crypto space is still less than that of a single stock in the US stock market. To institutional investors, this amount of money is hardly significant. Some say that there are many coins in the crypto space now, and the sectors can rotate and rise. The main players have their ways; the key is whether you have coins in hand when the prices rise. That's the crucial point. Some people are holding onto USDT, waiting for the bottom, but they don't even know why they entered the market. Wasn't the recent bottom low enough? Do you really think the main players will let prices drop lower than before? I find that hard to believe. If the main players gradually start a price surge, it will cause most people to chase the highs. If the US lowers interest rates in June, those who are on the sidelines will just be waiting to chase all coins, just watch if you don't believe it. It will test your stubbornness. It will make you think you are clever.
The stubborn old Bao Yu has been honest this time. You won't lower interest rates when asked, so China will lower them for you. If you have the ability, don't lower them at all; big China has plenty of ways to deal with you.
At the current price level of the pancake, most people are afraid to go long on contracts, while the number of short sellers is increasing. Once the funds for shorting exceed the funds for the sell orders above, the main force will immediately push it up, liquidating all short positions. The main force can see the backend; what can retail investors see? They can only bet on the direction.
Those who are not afraid of death in contracts should short aggressively. Most people are thinking that the Federal Reserve won’t cut interest rates on the 8th, and that old Powell will speak hawkishly, as if you all know everything. If you really knew everything, how come so many of you are losing money? If someone follows your comments to make trades, they would lose as much as they invest. Will the Federal Reserve inform you in advance whether they will cut interest rates or not? If no one sells when there are no negative factors, who would? For the coins you are optimistic about, set your positions in advance at low prices, and do not be swayed by any distractions. When the good news comes out, your gains will be greater. You must have your own opinions.
Many people say that this time the production cut does not have a bull market for altcoins, as there are more altcoins and the main players can't pull it up. Now, I simply want to ask you one question: Is the price of Bitcoin high or not? Is there a lot of pressure? From over 10,000 to a high point of over 100,000, it may not even be the peak of this bull market. So, what does a small altcoin worth 80 cents or a few dimes and nickels, like 180, mean to the main players? It all depends on whether they want to pull it up or not. As for how many coins there are, that is not something you should worry about. For instance, they can pull coins with a market cap around 100. How many coins is that? They have their ways. If interest rates are lowered in the second half of the year, the market will come alive. As a small retail investor, what you need to think about is whether you still have coins in hand when the market explodes. Many people don't take action when there is a big rise, and now that it has dropped so low, they want to sell. These people must have their heads kicked by a donkey. After pulling for 2 months, they still have to chase high prices to enter.
Many people in the comments section say this coin will go to zero, and that coin will go to zero. Most of these people entered the market during the high price period of new altcoins issued from March to April 2024, and now their principal is probably almost gone. Who can they blame? Blame the market? Just blame yourself. This is the downside of chasing highs with a hot head. At the end of 2023, the prices were so low, but people were afraid to enter the market, just like the current situation. Many people are still afraid to buy even when they have empty positions. When the day comes with a sudden surge, and prices rise for several days, these people will still chase highs just like before. Many in the crypto space only make their moves after a big rise, and the more it falls, the less they dare to enter.
Seeing these heroes in the square, each one is incredibly impressive. How much will Bitcoin drop to? You are even better than the main players. Since you are so good at judging, how many of you went all in when Bitcoin was at 10,056? And how many sold when it reached 100,000? Aren't you able to judge? If you have the ability, send out your screenshots to take a look. Last year, before April 14, how many of you sold at the peak of the altcoins? Seeing you all bragging makes me angry; almost 99 out of 100 people are armchair critics who think the main players are just fools.
Looking at how much each of you has earned from contracts, this one earned this much, that one earned that much, lost a watermelon, picked up a sesame seed, feeling so proud of yourselves, not realizing how much you've actually lost. This one posts a profit chart, that one posts a profit chart, but none of you show the charts of your losses. Every day there are so many liquidations in contracts; where is the money coming from? Did it blow in with the wind? The truth is, you have no real skills at all. You're just betting against the market maker, and occasionally you get the direction right. There's really no need to be so arrogant.
When the market drops, all the experts come out, predicting this and that. When it rises, the experts also appear, saying this is good and that is good. I have to say, you are all just making blind guesses; no one can predict the future market.
I looked at the comments section, and everyone seemed to be a great god, saying that there would be a bottom in May. If you can see and understand the market clearly, the market would not be called a market, and you would all become multimillionaires. At the end of 2022, when the big coin was around 156,000 and the second coin was around 1,000, how many of you dared to go all in? At that time, most people saw the big coin at 8,000 or 5,000, and the second coin at a few hundred. You all missed out. How can the current drop not be called a low drop? If it drops any lower, the chips will be picked up by you small retail investors. What does the banker do? Does the banker serve everyone for free?