Old Cui says about coins: The exchange rate has improved, but there is currently no bull market for Bitcoin!

CN
6 hours ago

The world is bustling, all for profit; the world is bustling, all for profit! Hello everyone, I am your friend Lao Cui talking about coins, focusing on digital currency market analysis, striving to convey the most valuable market information to the vast number of coin friends. Welcome everyone's attention and likes, and reject any market smokescreens.

Finally, the market has shown signs of improvement. Fortunately, I guessed correctly yesterday, although some platform updates may be slightly delayed. It seems that there have been no article updates for several days, which is basically due to platform restrictions. Continuing from yesterday's article, I want to clarify that this is not hindsight. It was mentioned yesterday that the bottoming process is basically over, and many friends are also replenishing their spot positions, which is a wise choice. The future trend will mainly revolve around interest rate cuts. The data from yesterday indicated that the probability of the latest interest rate cut prediction has risen to 60%, which is consistent with our previous predictions. The usual tricks of the Americans have appeared again. The market prediction for Bitcoin shows almost no difference at the macro trend level, which is quite clear. The upper pressure at the 100,000 mark is indisputable, while the support at 90,000 is also difficult to break. The main funds entering the market are basically maintained at over 80,000, and the increased range also raises the possibility of contract losses. The back-and-forth washing around 100,000 will continue this trend, so for current spot users, the strategy remains to maintain entry; buying the dip at new lows is always a good choice.

Today, let's focus on altcoins. Many friends are eager to invest in altcoins due to limited capital; looking at many newly launched coins that have seen exponential growth, they always wonder if they can take risks. Lao Cui's attitude towards altcoins remains unchanged; I find it hard to understand why people still want to touch altcoins during a bull market. Even though I have mentioned that one can use ten times leverage to enter Bitcoin, everyone remains indifferent. Bitcoin's market fluctuations indeed create growth for smaller coins, which I have discussed with everyone several times before. In my view, small coins are only those within the top ten by market capitalization; I do not recommend buying coins outside the top ten. However, there is one coin I need to remind everyone about: Dogecoin requires special attention. It does not belong to other small coins; its attributes are entirely driven by capital. The issuance rights and how much is issued are determined by the main players, and the technical support behind it has no solid foundation in reality. Therefore, investing in Dogecoin should be approached with a speculative mindset; holding it long-term can be very torturous, and it is difficult to touch past historical highs. If you want to invest in this type of coin, you can only enter and exit quickly, and do not have the mindset of long-term doubling.

For users with capital issues, if you are afraid to hold Bitcoin even with ten times leverage, a fallback option is to use Ethereum or SOL as targets. For those who are still hesitant to hold these two, consider looking at platform tokens; only the top three platforms are worth investing in, and there is no need to consider platforms ranked lower than the top three. The price movements of platform tokens are generally linked to the operating market value of the entire platform, which is why I previously encouraged everyone to invest in a certain platform's token at the beginning of the year. This type of investment is based on stability, and the return rate should not be expected to be too high. Yesterday, I advised everyone to hold Bitcoin in spot; for those who did not enter, there will still be some corrections later. It is somewhat difficult to understand; clearly, in a declining situation, it provides an opportunity for everyone to buy the dip. Many people dare to enter at the 98,000 position waiting for the 100,000 mark to arrive, yet they cannot stick to their ideas around the 91,000-92,000 range. The practice of entering in batches and lowering the average price mostly remains theoretical. Everyone needs to reflect on their issues; indecisiveness stems from a lack of self-confidence.

Let me recharge your faith. Many friends are uncertain about the movements of the main funds. A wave of downward market movement first indicates that Trump's wallet has increased by 1.7 million in assets, with the most held coins being Ethereum and SOL. This information was mentioned yesterday, but many still do not understand its importance. This also includes the information I mentioned about the average entry price of the main funds being between 85,000 and 90,000, which is not difficult to understand. You can consider that the entry of main funds will become a short-term support level; it may break but will not break long-term, at most presenting itself in the form of a spike. I communicated with everyone about yesterday's battle situation and found that many friends, upon hearing this news from me, actually thought about aligning with the main players. Retail investors need to have the awareness of retail investors; how could the main players easily let everyone join their ranks? The main funds are there to enter the market for the chips in your hands. Aligning with the main players is not wrong, but why do retail investors always think about entering at the lowest price? I repeatedly emphasize that during a bull market, what matters is being in the market; the lowest price is not a position that retail investors can hold. I fear that you are hesitant to enter the market; I even gave an example: the long position of Ethereum at 1,200 was sold at 3,000, and I could not hold it above 3,000. How can you think you are definitely entering at the lowest point? Currently, in terms of short-term capital, there is a significant outflow, so everyone needs to pay attention to the risks and not chase after a rise; the washing phase will still be controlled within this range.

The entry points for the main players, Ethereum even has entry points around 800; can you enter lower than that? Always influenced by the anchoring effect, this bull market can only be watched helplessly as it slips away. As long as you can hold onto the funds around Trump's inauguration, what you need to do now is not to look at market trends and wait until a month later to see your returns. If your short-term psychological endurance does not meet the requirements, it is best not to look at the market; watching the market only adds pressure on you. The general direction is to buy the dip at new lows; there are no other options to choose from. Many friends may think this wave can drop to lower positions, but entering in batches, even if the current spot position is stuck at the highest point of 99,660, looking at this position next year will be purely a low point. You need to view this market with a developmental perspective and not believe the short-selling rhetoric in the market. Bitcoin must not allow short positions to be trapped because there is not much time left before the interest rate cut in December for you to resolve your short positions. Finally, I need to remind everyone that my articles are not for reference; many friends have significant issues with understanding language and text, so it is best to communicate with me before entering the market. I have repeatedly stated that it is best not to short; surprisingly, because of a sentence in yesterday's article, some wanted to short with Ethereum, entering short positions in Ethereum is truly hard to understand. Once again, I emphasize that shorting is a last resort; even if you want to short, you should wait for a new high position. After Ethereum hits a new high, the depth of the pullback is indeed greater than that of Bitcoin, but shorting is essentially going against the market. The reality is that some people short during a bull market. The shorting strategy I provide is merely a last resort; you might as well unfollow me, as my abilities are limited. At the end of the article, to avoid risks, my thoughts have become very clear. If you still do not understand, just remember this sentence: "Alas, investing has risks, everyone, try not to enter the market." I originally did not want to respond to this issue, but since the brother raised this question to me, I remind you that today's surge may also have a pullback. As long as the short position in Ethereum is not too low, it can still exit. I truly do not want to respond to this information! If you happen to see it, remember to exit! I do not want to say anything sharp or sarcastic!

Original article created by WeChat Official Account: Lao Cui Talks About Coins. For assistance, please contact directly.

Lao Cui's Message: Investing is like playing chess; a master can see five, seven, or even more than ten moves ahead, while a novice can only see two or three moves. The master considers the overall situation and strategizes for the big picture, not focusing on individual pieces or territories, aiming for the ultimate victory. The novice, however, fights for every inch, frequently switching between long and short positions, only competing for short-term gains, resulting in frequent entrapment.

This material is for learning reference only and does not constitute trading advice. Trading based on this carries risks, and the consequences are at your own risk!

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