Well, although this third wave I painted is not as long as the fifth wave, in terms of percentage increase, it is larger than the fifth wave. I believe that given the large fluctuations in cryptocurrency, the length should be calculated based on the increase.
K线之王-子墨
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$BTC Thousands of people, thousands of waves Finding strength from the book
The recent bull market of Bitcoin since 2023 has completed a full five-wave structure In my opinion, the bull market has ended The decline since 120,000 is the beginning of the bear market The current rebound is merely a flashback of the initial stage of the bear market Based on the experience of the bull market in 2020 The initial stage of the bear market may welcome a wave of altcoin season Then it will be a complete mess, fully transitioning into a bear market Where the future lies, I do not know
$MYX Position returning to the starting point There are two situations 1. It occurs naturally, myx has not been manipulated by the price, the retail sellers in the futures market have completed their selling, and now it is completely under spot control, the price can no longer be suppressed from now on
2. The main player controls the market, the contracts have been liquidated, and thus the price falls freely
Whether it is a main currency will depend on the price trend later
No one should scold me for calling out now, right?
bit小草
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Shorting $MYX is still a bad idea You don't have to go long But definitely don't short
As shown in the picture Such a drastic rise It is unrealistic to rely on the potential M-head reversal in the yellow box The cause and effect are not equal Generally, to reverse a trend like this It requires a massive surge, pushing to a high enough price So that everyone has no reason to not sell their chips Only then can it be stopped
Shorting $MYX is still a bad idea You don't have to go long But definitely don't short
As shown in the picture Such a drastic rise It is unrealistic to rely on the potential M-head reversal in the yellow box The cause and effect are not equal Generally, to reverse a trend like this It requires a massive surge, pushing to a high enough price So that everyone has no reason to not sell their chips Only then can it be stopped
To be honest I don't think anyone is manipulating $MYX From the perspective of waves The K-line pattern of $MYX is very perfect It can't be drawn by just one or two big players It can only be said that many large and retail investors are resonating together
This shows that there are plenty of people and money in the market now The upcoming counterfeit bull market is worth looking forward to
$ACT has made me feel frustrated I expected it to rise But I didn't expect it to drop so deep Then it shot up directly The manipulation is really dirty
This round of bull market so far The feature is that old coins have been given a new look Coins that were basically unchanged in the last bull market Have all seen significant gains in this round Meme Tugou is not going to stand aside now At least the glory is not so dazzling
$XLM with a market value of 17 billion has only 400 million holdings But it did not prevent it from rising 4 times in two weeks
Background: Jed McCaleb, the founder of XLM, was one of the co-founders of Ripple. He played an important role in the Ripple project, but due to differences in ideas (such as the understanding of decentralization), Jed left Ripple and founded the Stellar project. The technical architecture was similar in the early stage: Stellar was originally developed based on Ripple's code, and later gradually evolved to form an independent code base.
When Bitcoin $BTC was 66,000, I predicted that it would return to 110,000 by the end of the year. It will be realized soon. If it reaches 330,000 by the end of next year, can I brag about this chart for the rest of my life?
Playing chips The most important thing is cheap chips Cheap cheap and even cheaper Otherwise, who can hold on in such turbulence The $TROY that I once had high hopes for After deceiving me to get off the train, it started to rise