Main Player: I'm about to pump it! Retail Investor: I don't believe you! You're trying to trick me into getting on board again. Main Player: This time I'm really going to pump it, are you getting on board? Retail Investor: No! Main Player: If I pump it to 30%, are you getting on board? Retail Investor: No, it’s definitely a trap! What are you going to use to pump it with no liquidity? Main Player: Then I'll pump it to 50%, are you getting on board? Retail Investor: Are you serious? Let me see some more! Main Player: I'll pump it to 100%, you mean you won't be tempted? Retail Investor: Wow, are you really going to pump it? But there’s no reason for it! Main Player: I'll continue to pump it to 200%! Retail Investor: I don't care anymore, I’ll just join a bit, missing out will feel awful! Main Player: Continue pumping to 300% Retail Investor: I'm such an idiot, if I had joined earlier I would have made back my investment! Main Player: Not enough yet, continue pumping to 400% Retail Investor: Wow, this is too intense, I can't take it anymore, I'm all in! Main Player: Let’s go down!!!
So don’t just keep staring at that heat map looking at the long-short ratio, it has some reference value but don’t take it too seriously. In cases of severe long-short imbalance, there is definitely an expectation of a pullback, but when the pullback happens you need to understand market expectations! Otherwise, your “perspective” is too small! If you really need a reason, it’s: the market's FOMO sentiment is still not enough! $ETH
The Bitcoin market has now reached a point where the fundamentals for a market reversal have basically been met. Friends who have been paying attention to me for a while know that since I publicly called for a short on February 5th, I have been an indisputable bear. So why do I say that BTC has formed a preliminary basis for a market reversal? Focus on the following points: Bitcoin has gradually decoupled from the trajectory of US stocks since the day before yesterday, beginning to follow an independent trend. With the Federal Reserve not lowering interest rates, in a market without liquidity, Bitcoin can follow an independent trend either by the main force forcibly controlling the market or by new liquidity injections.
I haven't posted much these past few days, nor have I provided many strategies..
Brothers should know what I'm waiting for, right?
I already mentioned during last week's live broadcast that it's highly likely to drop these days, so I'm in cash waiting!
It actually did drop, but what I didn't expect was that it dropped earlier...
From the drop in Bitcoin and Ethereum, it hasn't really dropped too much, but the altcoins have dropped significantly, indicating that the market's sentiment towards altcoins has become quite saturated...
Regarding this interest rate, the market's reaction has been quite clear; everyone thinks there won't be a rate cut, so ultimately, if there is no rate cut, it won't have much impact. Instead, Powell's statements regarding September's stance seem more important...
Whether the equal tariffs on the 1st will take effect as scheduled is also a ticking time bomb.
Anyway, I've already waited so many days; I don't mind waiting a few more. Let's let the bullets fly a bit before Bitcoin and Ethereum show any signs of bottoming out! #美联储何时降息? #美联储利率决议即将公布
A profit chart shocked me, and upon closer inspection, those who made 10U were below me criticizing my low return rate... Hehe
Now you know how these scammers come about, right! 😎
You might think that the master’s teacher, if not careful, is just a 10U war god, posting daily returns of 1000% while teaching people with 100,000U how to operate. What do you say, isn’t it ironic? 😁😁
Never shoot the messenger, all recommended targets and points have traces to follow! In the past month, the main targets I recommended are ETH, WIF, BONK, CETUS, PENGU, Hippo, DOGE, ETHFI
And in the past three days, the increase from the bottom: CETUS increased by 29% ETHFI increased by 19% PENGU increased by 25%
Although the others haven't made big profits yet, they are all in floating profit! Many people think choosing coins is simple, but those who have actually experienced it know how simple it really is!
Some people recommend one or two tokens to you and then ask you to hold for months before checking~~ If this also requires skill, then the threshold for being a KOL is really too low!
As more altcoins emerge, the difficulty of selecting good targets will increase. In the past bull market, the market arrived, there were few targets, and even pigs could take off! This was a fast bull. Now in the bull market, the market has arrived, there are many targets, and the difficulty of a general rise is high! This is a slow bull.
Many people have been waiting for the altcoin season, and I just want to say one thing: is there really a general rise altcoin season, or is it just the wishful thinking of retail investors? Instead of holding onto targets and waiting foolishly, it's better to learn how to find hot targets. The times have changed, and the mindset must change too!
The only difference is: one has additional damage!
Strategic points are not valuable; what is valuable is the experience cost, energy cost, and time cost of finding those points!
You are just using your time cost to learn to avoid the pitfalls where I once lost money, so tell me, is learning the method more important or is finding the points more important?
It's been two days since I've been out of the market, and I'm sleeping well and eating well! Mom no longer has to worry about me staying up late watching the market; waiting in cash can actually be very comfortable when the market behaves as expected!
The main reason for the violent spike in the market this time is the concentrated selling by major players. Essentially, this little bit of the market won't put too much pressure on it, but the problem lies in: rapid selling in a short period leads to a lack of market absorption, and retail investors often panic when they don't know the truth!
So once the selling stops, the market will experience a violent rebound! At this moment, many retail investors will mistakenly think that it’s going to rise and will re-enter the market. If selling starts again, it will trap those retail investors who rushed in at the peak! This explains the logic behind why there was a violent rebound yesterday followed by another round of aggressive selling.
Likewise, this is why I advised my friends to stay in cash from the moment the market first broke through the key support level. If you don't have enough sensitivity to the market, or if you don't have the ability to foresee news, then when you encounter a market you can't understand, staying in cash is often the best strategy!
As of now, institutions still hold about 10,000 units, and with the ETF inflow weakening tomorrow for the weekend, the absorption capacity on Saturday will be even weaker. I will continue to hold cash until Sunday!
If we can get a violent drop, we will gradually enter the market in batches.
To be honest, I don’t even know how I became like this. At first, I just wanted to give it a try, thinking I would win a little money and then stop. Who knew that once I stepped in, I could never jump back out. When I lose, I want to make up for it; when I win, I want to raise the stakes. I tell myself again and again, 'this is the last game,' but there's never a last game.
I have regretted this, and I know that continuing like this will ruin me. Watching my bank account get emptier, seeing my parents' messages on WeChat and friends' calls for debt collection, sometimes I really feel like a complete failure. But I can't control it; I really can't control it, like falling into a bottomless pit, the more I struggle, the deeper I go.
The hardest part is that no one can understand the pain of wanting to quit but not being able to let go. When others advise you, it can be annoying, but deep down, you know they are right. I am not a bad person; I am just too tired and too lonely, which is why I gamble for a bit of hope, a bit of excitement, betting on a chance of turning my life around that may never come. ---- This is my past experience, dedicated to you who are going through it!
If you are also experiencing this, you are not alone; 90% of the people here understand this feeling. Many are struggling just like you; they just don’t say it.
Bunny 🐰 wishes all my fans and friends to break through the fog, turn adversity into good fortune, and have great luck ahead!
Looking through the phenomenon to see the essence:
If this round is a major player's wash and explode behavior, it indicates that the decline has not ended. From the several touches near 4000 after 2024, once the daily line enters a three consecutive bearish candle pattern, if we cannot hold 3475 tonight, then there is a high probability that it will continue to drop further! ---- If it continues downwards, pay close attention to the gap at 3280 and the trend support at 3115!
Currently, although the market has entered a daily level pullback, from the perspective of volume, the buying volume is still sufficient, and the rebound strength is also very strong! This indicates that there is no concentrated selling behavior by the major players; looking long-term, the outlook remains bullish, especially with the expectation of interest rate cuts! Those looking to buy the dip still need to wait for a confirmed signal that the major trend resistance line has been broken! ----- Pay attention to whether 3670 can be broken intraday?
What do you say, brothers? Is it time to pull back?
All my friends who are in cash, please wait calmly for the bottom signal to appear, and then re-enter! No need to regret for those who missed the short position!
My trading principle is to never engage in both-sided markets; I only trade in the direction of the trend. If the big trend is upward, I buy on dips; conversely, I sell on rallies! If you want to profit from both long and short, you must bear the risks of both! Once a loss occurs, it's a minor issue; the real chaos is in the mindset.
Currently, the market is in a daily level pullback, and the 10-day moving average is very critical. If it breaks today, then we can expect to see the 20-day moving average nearby! The trend support is also near the 20-day moving average! For specific points, please pay attention to my next technical post! $ETH
Old Man Bao's speech has concluded. This speech is profound, and overall there are three key points: 1: Good morning, everyone! 2: I am still alive! 3: I have finished speaking!