2025/3/25: 893 Bitcoins from Mentougou will be used for compensation; as the Binance voting for new listings heats up, who will ultimately prevail in the last 28 hours?
Mt. Gox transferred 893.4 BTC to Kraken today, according to @EmberCN. These bitcoins, valued at over 77 million USD, are likely being moved to the exchange for sale to cover compensation. Currently, there are increasing activities in Mentougou, which seems to be impacting the market. Yesterday, Bitcoin hit 88,000 and then fell back down. In this market, we’re not afraid of a sudden surge in Bitcoin; what we fear is a slow rise. Even if it breaks through 90,000, this pattern would still be a downward continuation. If combined with the actions in Mentougou, there might be some risks involved. But regardless of whether it's a slow rise or a sudden spike, there is still speculative trading in the altcoin market. Yesterday, I recommended $super and $slf. Super is currently up over 10%, and it is quite likely to rise further. SLF is a bit weak, having returned to support; if it drops more than 5%, it's time to run. This coin is a bit disgusting, it's a scam project, while Super belongs to a strong project.
2025/3/24 Trump calls for trades, fear index warms up, is there an opportunity for the market to reverse?
#Trump: I love $TRUMP
I LOVE $TRUMP—SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!
Trump is really a love-hate figure in the crypto world, full of drama. The love is that it's almost like a legendary movie: from Bitcoin rising from 50,000 to 100,000, the myth of Trump's election, mixed with an assassination attempt plot, the strong rise of MAGA, it's simply the 'savior' of the crypto world. Not to mention Musk's support, which pushed the climax of this drama; that period of frenzy made people's hearts race, the wealth effect was maximized, and both altcoins and Bitcoin positions were once fully loaded, thinking they would multiply tenfold before it ended. The hate is that—the 'Trump coin' he issued directly drained the market's liquidity, and the expected Spring Festival market was abruptly ended by this wave of operations, leading the market into a dark period, with retail investors trapped and altcoins retreating, even reaching new lows. This rollercoaster experience really makes people want to worship and complain at the same time.
2025/5/23 Recently reflecting on how to seize the market when it comes
Today I want to write something, mainly for reflection.
Currently, the on-chain market of #bnbchain / $sol is similar to the altcoin explosion market in 2019, both are just sitting and catching hotspots. Sometimes I get woken up in the middle of the night by the fluctuations of trading tools to trade coins. Perhaps over time, I don't really want the feeling of being tense in the midst of gunfire; I prefer comfort and playing trends. But the crypto market hasn't had a trend in a long time; aside from on-chain, the secondary market for altcoins is just one word: 'drop.'
What made me persist the longest was starting in 2019 to write a cryptocurrency public account article every day, regardless of when or where, no matter how busy, I consistently sent it out at 5 PM, rain or shine. At that time, my grasp of the market and information was very advanced, and my response was very quick because I needed to grab hotspots to attract fans.
Prepare 200,000 dollars to buy the dip on $Siren, betting that it will be listed on Binance spot.
Do any of the big influencers have points to share, where to buy the dip, where to add positions, and where is it more suitable to chase the right side?
Bitcoin has actually fallen quite a bit at $BTC , it's time to start picking which altcoins have fallen strongly and prepare to buy the dip when the opportunity arises.
Before #加密市场回调 finishes dropping, you will be caught halfway down the mountain; after the drop and rebound, you may also chase at the halfway point. This wave of adjustment is clearly no longer the type of adjustment that can't trap people, but rather one that will force you to get off the ride.
The early stop losses or liquidations in the short term have cleaned out the weak hands, leaving behind the long-term believers for a shakeout.
Let's take a look again before the Spring Festival; otherwise, you won’t be able to hold through the intermediate process.
The adjustment expected before the Spring Festival when everyone is on holiday and doesn't want to watch the market will usher in a new round of outbreaks, waiting for the end of the adjustment.
Early Stage of a Bull Market: Bitcoin Rallies, Altcoins Get Sucked Dry Bitcoin Retracts, Altcoins Follow with a Plunge.
Some say the bull market has peaked just because altcoins have plummeted. Why didn't they say anything when altcoins were doubling or tripling? This is precisely what the early stage looks like.
$BNB recently received 3 airdrops, mined Vana, Cat, and soon there will be Fat Penguin. Who says BNB is trash, I'm getting angry with them. Going to list for staking with an annualized return of 35 points in coin denomination, the golden shovel is undoubtedly
#加密市场狂欢 Many altcoins have fallen badly, the real carnival was at the end of the bull market, and now it's just the beginning.
You must watch the rebound situation after the spike on the 9th for altcoins. If the rebound is weak, just switch to another asset. If the coins reach new highs, then you must hold firmly.
The longer the high-level earthquake lasts, the more people will be washed away. If there’s another fake fall, basically it will be washed away almost completely. Enjoy the New Year. There will be surprises afterwards #比特币战略储备
The daily MACD of $BTC Bitcoin shows signs of turning green, indicating that the adjustment is nearing its end, at the latest by the end of the month, which is after New Year's Day. A new round of altcoin market will arrive.
Bitcoin has been pushed down by 100,000 USD again, and the reason is quite simple. Every time at an integer level, there is a lot of psychological pressure on many people, and with pressure, there will be selling pressure. Additionally, this round has seen the price double from 55,000, and many people's strategy is to double their principal. The dual pressure from market psychology and trading logic has led to the current situation.
It is expected that there will be continued baiting of short positions around 100,000 to accumulate upward fuel. In a bull market, one must not fear risks, and during corrections, one must take action!
Every time #BTC重返10万 reaches a new high, countless people want to short it, but it is precisely at such times that infinite opportunities are born. Those who short will become the fuel on the road to new highs, and Bitcoin will soon reach 200,000.
A bull market is the rhythm of firmly bottoming out after a sharp decline.
The waterfall from a few days ago was very clearly the deleveraging in the altcoin market. For any contracts opened, the probability is high that people either lose money and leave or face liquidation. I've seen too many people make crazy profits from contracts at the beginning of a bull market, but just one sharp drop can take them back to square one.
So holding spot assets is the way to go.
Currently, many coins have rebounded to new highs, and these strong performers must be prioritized for purchase.
For example, IO, which is related to AI, is a new coin on Binance that hasn't rallied yet, and it's linked to the concept from the AI conference in the past couple of days.