Comments from Various Roles in Binance Square Looking up at the square, one can roughly understand who is playing in the crypto world. It can only be said that there is a mix of good and bad. Most people basically rush into a particular coin after seeing some news or posts, making money when the market is good and losing when the market is bad; this is the first type. The second type of person comes and goes in the crypto world, has been liquidated in contracts but has also doubled their investment, yet after a year, they still end up losing money. They have a certain trading foundation and have studied various technical analyses, but in the end, they still rely on luck. The third type has their own stable trading system and hopes to improve their win rate and market understanding. The fourth type consists of bloggers promoting various new token launches, airdrops, and on-chain knowledge. However, those who can actually trade short-term with market understanding are very few, seemingly having a lower understanding than participants in other markets.
This position is actually quite good for uxlink. The logic is that it is the leader in this wave of new buying, having increased from the lowest point of 0.48 to more than three times now. In terms of sustainability, it has the best continuity, and even when it dropped, it didn't see a significant volume, so it should be expected to reach new highs #uxlink
I browsed through some defi coins, and they all seem to follow a trend of main rises. When to sell, sell; when to buy, buy. Eighty percent are controlled. I took a look at the positions of various coins, and uni looks pretty good. The current price is a buy at $UNI trend main rise, which is quite exhausting.
Market trends always emerge from despair, heading towards destruction in frenzy and extreme greed. During this wave of sell-off, look at Binance Square, all the talk about Neiro is negative, but the more it is criticized, the better the opportunity for a rebound. Moreover, Neiro is currently standing on the trend line, feeling that it should perform quite well.
The coin $1MBABYDOGE is indeed as I said yesterday, it is beyond expectations, but the pepe is not so good, it may be affected by the market. The defi concept has also moved recently. The one that is doing well here is $UNI , which can be deployed in the short term.
$XRP As the strongest capacity coin after doge, the current daily structure is still good. The main force has been washing the market for several days. It should be able to continue to move up soon, but it may not be a surge, but an upward trend. $PEPE If you are a veteran, you can actually find that the market focus is gradually shifting to defi and meme coins. If you want to layout meme coins, the most suitable one is the leading pepe, and the current strongest 1mbabydoge. There should be a big move on Sunday night.
The rise of people can only mean one thing, the Shanzhai market has not collapsed, and the beginning of this wave of market is people. If people cannot be avoided, what else can this wave of market avoid that is Shanzhai? $NOT
I feel that this amplitude is a pin. If you have set a stop loss, it's fine. If you don't have a stop loss, use the lowest point as the stop loss level.
I feel that not here has been adjusted in place. If it breaks down further, it will be rubbish. This position is a game point. I personally stop loss at three points and look up for a new high space of $NOT
In fact, each market is an independent cycle, each cycle has different characteristics, and the operation mode it brings is also different. For example, last week was a typical altcoin cycle. When BTC and ETH were trading sideways and slightly adjusted, a large amount of short-term funds, that is, hot money, turned from large-cap coins with low profit effects to small-cap and altcoins that were at a low level at the time. The most representative of them were BB and NOT. For last week, the experience of holding altcoins was far greater than that of the mainstream. So for this week, the main task is the new highs of BTC and BNB. BNB has achieved this, but BTC has not, so yesterday and in the morning, all the funds chose the strong BNB. As for ETH, which pulled a few points and then retreated, it was naturally eliminated by hot money and further strengthened BNB. In summary, this week is mainly about the new high of BTC, plus the relatively low-level rebound of PEPE and ETH.
If Bitcoin is going to rise tonight, then focus on large-cap coins and pepe. Pepe has relatively built a bottom at a low level, and if Bitcoin rises, pepe will definitely rise, and the volatility will be relatively large. You can also take a look at bnb and btc, which have the best gains now. If it doesn't work tonight, it's estimated that it will really fall.
The newly-raised coins today have no sustainability. On the one hand, Bitcoin failed to break through the downward trend yesterday and pulled back. On the other hand, leading coins such as not are in a pullback. In this case, Bitcoin is fluctuating downward, so we are mainly doing copycats and memes. Considering that not is not dead and remains strong, the focus is on whether not and its game sector can ferment. bnb is considered strong here, but I personally feel that it is just a compensatory rise for the previous weakness, and it is not very meaningful to participate $NOT $BNB
Today should be a new node. The coins that skyrocketed last week may be cashed out or the dealer may open a short order, and then a new batch of copycat coins will skyrocket to continue the money-making effect. There is no need to look at big coins, as there is no dividend now.
This place feels like the cottage industry has reached its climax. The market is all ending in madness. Just look at the gain list to know how crazy it is. The leader is not strong. The previous post also said that a dozen or twenty points are enough. You can withdraw. If the wind is high, you can use the profit to gamble, but protecting the principal is always the first priority. You can't make enough money. There are always opportunities. If you lose all your capital, you will lose it all.
Among the four coins I talked about yesterday, only pepe is relatively rubbish. But a popular leader like pepe cannot be replaced by anyone. The leader fluctuates and the rebound is flying. Pepe has also adjusted nearly 20 points from its high point. The lowest position this time should be around the previous low of 0.0013. It should be quite comfortable to build a long position now according to this stop loss. As for $BB $PEOPLE $NOT , don't chase it for now. It is estimated that there will be a divergence in another ten or twenty points.
Seeing the air force on the Internet makes me feel more relieved. There are not so many people who are shorting. Where do the counterparties come from? If the air force is not pulled up, how can it rise beyond expectations and diverge from the leader. The more coins that are shorted at special points, the more you should buy more at the air force's stop-profit or stop-loss position. The air force's money is temporary. If you want to make a lot of money by shorting, what is the bull market for? The air force gathered on the Internet is $NOT $PEOPLE $PEPE and there is also a BB that exceeded expectations before (there is no room here). These coins are all strong at the daily level. You can put them in the self-selection first. Then what coins can be shorted? Generally speaking, those air coins with obvious small market, small trading volume, and explosive pull, who will take over if they pull dozens of points? Shorting with a negative line after a new high like luna and stg, or shorting with a double top are all logical practices.
For coins like People that exceed expectations, you can definitely go for it. Don't think about shorting this kind of leading coin. The popularity has been hit, and the probability of rising to a new high is much greater than the probability of falling. Find a low position to go in and roll the position. This wave is enough for you. Think about pepe and trb. But as I said before, the timing of entering the market for this kind of coin is the most important. If you chase high and get trapped, it is your own problem. The best way to get it is to split the position and buy low at a low level. $PEOPLE
Now the money-making effect is all from shorting. If a coin is awesome, just short it when it goes up, and leave after five points. This is the way to play. The money-making effect brought by BB a week ago has been destroyed. In my opinion, the path that Bitcoin is taking now is similar to that in 2021. If a neckline does not break through the high point, it will be a rebound. The definite opportunity is at the point of real breakthrough. #Alice