海绵讲币

Investment does not require precision at every step, nor does it need to frequently look back and blame.

The path taken, the people met, and the regrets left behind are all part of a necessary journey.

The people encountered, the endings are destined, not mere coincidences; they must have imparted certain insights to you during the journey.

Everything experienced is unique, and no matter when it happens, it is always the right time.

The past is all about causes and conditions, the present is all about results, and this moment is the best arrangement.

EGL1 in the United States and the Trump USD1 concept sector is currently performing well, and trading activity is high. It can be bought. The last recommended on-chain coin increased several times, and this one is also quite good. Go for it!
0xf4B385849f2e817E92bffBfB9AEb48F950Ff4444
#Metaplanet增持比特币 #以色列伊朗冲突

Once you heavily enter the market, your actions will become distorted. At the slightest hint of change, you will sway back and forth, and your uncontrollable hands will close positions or stop-loss and exit. The fact is that the current market context has not changed; it is your own mind that is indecisive. Your position bounces up and down, enticing you to make random moves. Even fluctuations within 1 point feel like significant changes in your mind; even a 1-hour cycle feels like a daily level in your heart, incredibly difficult to endure, right?

Those who want to make money in the cryptocurrency world need to hurry, as opportunities are becoming fewer and fluctuations are decreasing. Now, even Hong Kong stocks are not as good. At some point in the future, policies may tighten, making withdrawals and deposits increasingly strict, or even prohibiting them.

From 2016 until now, each cycle has less volatility than the last.

In the past, each cycle had its stories to tell, but now the stories can no longer be fabricated.
😂

Every four years, the number of people trading cryptocurrency and the capital involved is halved.

The ETH small level still has a need for a pullback, with support to pay attention to around 2470, which is also the position I plan to buy long. It is a better price-performance ratio for the second bottom testing low point. As long as it reaches, I will consider buying long.

Recently, I saw several friends playing recklessly and losing a lot of money. It feels like the principle is long-lasting, but very few can truly adhere to it; otherwise, everyone would be able to make consistent profits, which goes against human nature and rules.
Many common sense notions in the cryptocurrency world are also obviously evident, but many people think they "definitely can succeed."

1. Very few can continuously make profits from trading contracts, so most people should not engage in it. It's best not to play at all.
If you think you are part of that small group, you should first test with a small investment. You should also see if you can withstand the amplified human nature of high leverage?

2. During poor market conditions, trade less, and if you do trade, lower your position. There are very few assets worth heavily investing in.

3. If a strategy has clearly failed over a period of time, you should stop immediately, instead of continuing to play recklessly.
Strategies have a time sensitivity; different strategies suit different market conditions. The methods for different chains also vary.

4. Do not put all your money in one place, even if it is a top exchange. The occurrence of a black swan event is always something you cannot predict; do not create a story where you make yourself rich again. While the ups and downs of the plot are certainly exciting, many people do not have the fate to be the protagonist.

Let me share my personal views:

1. According to the fact that Mike Saylor is continually increasing his holdings at this position, I believe the price of Bitcoin is still far from its peak. If we are to predict around the time of interest rate cuts, let's conservatively guess it will reach 140,000;

2. After large-scale institutional entry, the behavior of Bitcoin has changed. There are small pullbacks followed by large surges, and it is currently in a long-term bullish trend. However, we can observe that as the price of Bitcoin rises, the magnitude of each surge after a pullback is gradually weakening. There's no specific reason for this; it's simply because the price is higher, requiring more capital for the surge, hence the magnitude is becoming smaller;

3. I believe when the pullback exceeds 30%, it will signal the end of the overall Bitcoin bull market;

4. As for altcoins, over 90% will go to zero, as 99.99% of altcoins in the crypto space are scams. As the market matures and players become more sophisticated, these scams will no longer deceive people, resulting in their decline to zero. The rest will either be genuinely meaningful new altcoins or existing ones that have become meaningful. For example, UNI would be meaningful if it activates its dividend switch; if it doesn’t, it’s just a worthless coin;

5. However, before altcoins go to zero, it won't hinder the possibility of a collective surge when liquidity is abundant, leading to a wave of soaring coins. I can’t imagine the extent, but it might resemble the surge from October 2023 to March 2024.

The main BTC movements in this round of market:
The first entry and exit was a normal trend, while the second entry and exit seemed like a manipulation tactic by the main players to create a false spike. All the main players' chips were completely sold off by June 7th.

If the main players want to create another top to trigger short positions, they will continue to forcefully push up to create a secondary top. Then, from the afternoon of June 12th to June 13th, they sold off all their goods, as referenced in the main players' maximum accumulated capital data in the table.

Analyze Sol, the short-term accelerated decline has caused the price to reach the vicinity of the recent low point, which is also the low point of the last crash. Both times breaking down indicates that there is a strong support line here, and it won't break easily.

When the price touches here again, we can go long again. From this decline, the rebound in the past few days has basically been smashed back by several candlesticks. After an accelerated decline, there must be a rebound. Currently, this is just the first wave of rebound after the decline, and the strength won't be very strong. It is expected that there will be another pullback to induce a short squeeze.

The pullback is expected to be near 142-141, which is also the position where I plan to go long. If it pulls back to this position, I will consider going long. This is relatively stable, and the upcoming trend will be clearer. After a significant drop, there will surely be a rebound. The current position will either pull back once and then start to accelerate the upward rebound, or directly begin the rebound. I prefer a pullback followed by a rebound, which is also the position where I plan to go long.

This dry chain market only requires some attention cost; keep an eye on hot narratives. If you want to act, you need to be stricter with the valuation of each narrative, for example, ambiguous information should be viewed directly as negative news.

Otherwise, you can buy hot coins quickly like a cash cow, maintaining a cost advantage. This kind of play can make money as long as there is liquidity.

I thought ETH was going to rebound, as the price had already broken through a range it had been fluctuating in for a long time. However, the small-level support didn't hold, and coupled with news factors, it unexpectedly dropped by 10%.

Next, I'll be watching the support around 2400. If it reaches this level, I will consider starting to buy in batches, as this is a strong support line that has existed at the lower edge of the recent fluctuations. After rising for several days, it only takes a needle to drop down.

Friends, I am worried that Bitcoin's history might repeat the trend from January this year!\nThe flow of institutional funds into BTC's ETF in the last month is very similar to that in January!\n\nHopefully, Bitcoin is just consolidating around 100,000-110,000 before making a new high and challenging the 150,000 mark, which is one of the medium to long-term expectations!\n\nIf the final result of the consolidation around 100,000-110,000 is a downward break to 83,000-86,000, don't be surprised.

ETH has not yet broken below the support level of this signal
The 2730-2760 range is a very good buying position for long positions
We should just buy on dips