I declare that the bottom of the bear market meteor has already left—it's gone, $ETH 1505, $BTC 57800; this is the lowest point of this bear cycle, and it won’t go below this price. The lowest price is often reached almost unnoticed. The logic is simple: why would the price, which was lifted by American capital spending money, be smashed back down? Let me explain specifically: in the 2021 bull market, Chinese people—including me—sold pancakes around 15,000. Then by the end of 2022, when we entered the bear-market bottom, pancakes were still 15,000+. This level is exactly where it denies those who missed the previous round of gains the chance to buy back. Similarly, today’s 60,000 has the same logic as the 15,000+ around Christmas 2022—it won’t go lower. Don’t believe it? Let’s wait and see. Why would you give Chinese retail investors a low-price “reverse pickup” to take it back? No way. At/above 60,000, slowly shake out positions and slowly pull it up—this is reasonable. Tell me: don’t you guys lack spot pancake holdings? And aren’t you holding things like USDT and waiting, or holding Ethereum below 1,000? That would be exactly it—you don’t have the spot. Slowly collect more positions, slowly pull it up—that isn’t that the best arrangement? From my personal standpoint, this is just a fantasy about how US dog-traders would manage the market. Feel free to comment and discuss~…
The more it rises, the more violently it falls, just like Newton's second law. The higher it is thrown, the greater the speed when it falls. (Ignoring air resistance) empty death$ARB
There have been quite a few trades in the past few days, but I haven’t made much money. Is there anyone with free time who can do the math for me? 🤣 Instead, I ended up contributing more fees to Binance. I wonder what gift Binance will give me for Mid-Autumn Festival. The good thing is that I repurchased and returned the borrowed arb yesterday because I was getting annoyed watching it and it seemed unable to keep falling, so I narrowly avoided a disaster. But the cake ETH I bought has somehow gone up again to some extent, and I really don’t want to do the math on this account anymore. Exhausted 😢
Pancakeswap does have a cake-eth trading pair, which may be because the price has risen too much. The liquidity pool has too many positions moved out of range, and the slippage is not ideal. The pool has a 0.05% fee, but the actual fee is currently higher than Binance Exchange's 0.1% fee. After liquidity becomes balanced later, it will still be very suitable for trading on pcs. In this round, because Binance Wallet's traffic diversion and long-term support for U.S. stocks, along with the explosive volume of U.S. stock trading on the Robinhood chain, $UNI $CAKE are all very good investment targets later on. However, they have already had one round of rallying, and the bull market still has at least 1-2x room to grow. Except for $BTC , iun cake are all worth looking forward to.
Everyone can short as well as sell out. You can buy $ARB or $BTC , or $ETH . There’s no arbitrage? Then go to Binance and borrow to do it. If these scam “air coins” dare to pump, sell them to death. The dog-shit dealers running the pump-and-dump are just pure suckers—retail investors get sliced up 🈹🤭😂😀
My friend asked me to help ask Binance why $CAKE deposit interest rates are so low, so low they are almost zero, while borrowing interest rates are 10%. You take all the profit in the middle without any cost, and he said, isn't that vile and hateful? Is this profiteering?
Pity, Brother Wolf. It’s not that you’re not good. It’s that you don’t know that when dog-bets get going, they’re even more dog-like than a rabid dog 🐶
We play with coins—don’t let information in the square sway or mislead you. A few days ago, there was a KOL with a huge trading volume who said he was waiting for a big drop. The result? We got a big rally instead. So don’t overestimate your own ability. Because control isn’t in your hands or mine. My current thinking is: the BTC won’t move—I’ll hold until the 2029 bull-market top. During this recent ETH rally, I’ll switch some into BNB, then set up a relatively wide range to earn liquidity returns. Right now, the arena is already set. Just wait for the bull to come. Even if the bull hasn’t arrived yet, it won’t be long. Preparation is still necessary. I don’t do short-term trades; I can only ride a big long-term trend.
It’s hard and firm at night, big pancake—go for it! $ETH go for it, $BNB go for it, $CAKE go for it. That’s enough; I only need these—these are enough. Projects that truly make profits should be taken seriously. Value returning is eternal and unchanging. Happy Valentine’s Day, baby! @K线教主宝宝
Bitcoin has almost no trading volume anymore—what can we do about this? In the past, Bitcoin would suck liquidity from copycat coins; now it’s the U.S. stock market that’s sucking liquidity from Bitcoin. That’s not a good sign. I’m not bearish on Bitcoin. It’s just that most retail investors in the U.S. stock market probably aren’t going to play crypto, but those crypto traders’ little pools of money have gone to play the U.S. stock market.
So, let’s wait and see. I’ve already prepared for the bull market—I’ve even doubled down on going long.
小卫哥爱BITCOIN
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I've always felt it’s unlikely that there would be a large pie/offer below 50,000 that would make people who “don’t buy even when prices are up by 60,000” slap their thighs and regret it. In reality, that’s just a greedy mindset—wanting to buy at a cheap price and sell in a bull market at the highest price. It’s the same group of people.
$BTC The big pie has already seriously lost trading volume, so clench your teeth—this bear tail is for sure. All the copycats also have absolutely no trading volume. Just hold on a bit longer—it's almost time to see the turn.