From the daily level, Bitcoin failed to break through the short-term impact of 90,000 and fell back. However, the energy did not increase during the decline, which was a decline in volume. Therefore, the room for correction is limited. At most, it will fall back to the short-term moving average, which is around 84,000. After adjusting and accumulating momentum, it will continue to impact the 90,000 mark and will definitely break through 90,000 to set a new historical high.
Now is the most fertile stage of the bull market. History will not repeat itself, but emotions can be used as a reference.
If you think like me that we are in a bull market now, then you should cherish every panic drop in the early and middle stages of the bull market. There may be new sectors and new local hot spots that will give the market new vitality. But remember, don't change positions frequently. Small coins will never last long. Just play with them and sell them when you need to. The new funds brought by the election and interest rate cuts will eventually be concentrated on core targets, such as your mainstream coins and the leaders of various hot sectors. That is the flesh and blood on which you rely for survival in this round!
Today, pnut was called out by Musk, who said that squirrel and meme coin saved America. Squirrel's surge has caused Ethereum/copycats to fall. Today, the comparison between MEME and copycats has become the last straw that broke the camel's back for copycats, and the meme of cutting meat and exchanging cars is full of curses.
The market share of Bitcoin has also reached a new high. The copycats are really miserable. It would be fine if the market plummeted and they all had to eat dirt, but the meme next door is eating meat and driving a Land Rover.
In a bull market, you must remember that every pullback is the best opportunity to get on board, but remember not to blindly increase leverage or open contracts. First, ensure the safety of the principal, and then make money. pnut is the hot meme of the past two days. Musk has completely opened the ceiling for peanuts. Squirrels and meme coins have saved the United States. Such a strong narrative ability will continue to fomo.
When Squirrel reached 5m, because the Dogecoin official Twitter account tweeted, it was believed that it would reach 50m, so it was possible to buy;
When Squirrel was at 20m, Musk tweeted and called for an order, so I thought it would be OK to reach 100m, so I bought it.
When Squirrel was at 200m-300m, because Binance listed spot, I thought it would be OK to see 500m, so I bought it;
When Squirrel was at 500m, because Musk called for orders again and gave Squirrel the meaning of saving America, I thought it was okay to look at 3B, so I could buy it.
Each paragraph has its own logic. Different people and different sizes can make money on it, and it is right to make money.
There is no need to force yourself to read it from beginning to end. As I said before: only if you believe in this narrative can you first convince yourself and then convince others, then you can reach a consensus and profit from it.
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