In the current market, if it falls below 62,000, it will drop to the price range of 59,000 to 60,000. This bottom is an iron bottom and it is difficult to break.
But Thirteen hopes that it can fall below, because if it falls below, it will directly reach 52,000.
At this position, Thirteen thinks it is a chance for God to give me a chance to go all in. Close your eyes and all IN, and then we will gather together for warmth.
In the long run, entering the market at this position will maximize our gains in the bull market.

Ethereum is indeed underestimated by the market. The lower it is suppressed, the more violent it will explode in the future. Thirteen always believes that we should cherish Ethereum below 3300. 9000 is a foregone conclusion in this bull market.
Many people think that public chains such as Sol. Base can replace Ethereum, and think that Ethereum will decline.
Don't think so. Ethereum will still be the father of all public chains even after another ten years.
Everyone must hold on to the Ethereum in their hands and don't throw it away. Generally speaking, the price of Ethereum is 1/10 of Ethereum.
That is to say, the current price of Ethereum should be 6000U, but now it is only half, which shows how much it is underestimated.

Hello everyone, I am Thirteen.
I spent a day at the beach today and had almost no time to look at the market. After the PCE data came out yesterday, I informed the group of risks. Today, the market has reached a low of 62,400. Due to the strong wind at the beach, I basically had no time to look at my phone, otherwise I would have asked everyone to buy some of the bottom at this position.
This position has reached our bottom-hunting range, and the selling range is around 66,000.
Many people are worried that the market will continue to pull back. At present, this possibility is not high.
First, 60,000 has become the bottom recognized by the market. At this position, funds are very determined to intervene.
Second, the market funding rate has turned negative. It can be seen from the liquidation map that a small amount of long-side chips are concentrated at 61,000, while the short side has accumulated a huge amount of short orders above 68,000.
There is no reason for the dealer not to go up and convert these short orders into fuel for rising.
Third, have you found that Ethereum is more resistant to declines than Bitcoin today? It is not that Ethereum has reached the bottom, but because Sun Yuchen and other bigwigs are frantically buying Ethereum.
Why are they so crazy to enter the market? It is definitely not for charity. May is coming, and the market may start to hype Ethereum ETF.
Everyone must hold on to the chips in their hands and never lose them. No matter how the market falls, it is a trap for short sellers in Thirteen's opinion.
If it is a long-term position around 62,000, enter with your eyes closed, no need to worry.
Short-term positions need to enter the market in batches.

Recently, I found that the friends in Thirteen Circle have become more Buddhist.

Thirteen hopes that seeing Thirteen's calm and relaxed attitude every day, everyone's investment mentality will change.
​Mentality is the most important thing for cryptocurrency investment.

If you have a bad mentality, your operations will be distorted when facing market fluctuations. If you hold mainstream coins for a long time, you will definitely make money by the end of the year.

But you just can't stand the short-term market correction. When you see that you are trapped, the first thing you think of is whether you should cut your losses?
When the leeks really want to cut their losses, they are often not far from the bottom.

If you feel that your mentality is exploding, in addition to reading more of Thirteen's articles, you can also look at the historical data of Bitcoin.

You will find that the most profitable people in this market are long-term investors.
People who are often relatively embarrassed in reality are prone to losing control of their mentality when facing the rise and fall of the cryptocurrency circle.

Thirteen will recharge everyone's faith in the article almost every day. I hope that you who follow Thirteen every day will learn to grow. ​
Face the cryptocurrency circle with a stable emotion and implement the investment strategy of Thirteen Circle for a long time. You must be one of the few people who make money in this bull market.

The more anxious you are to make money, the more you can't stand the current lonely market, and the easier it is to lose money.

Thirteen has never seen a frequent trader survive in the cryptocurrency circle.

Come on, people in the cryptocurrency circle,
Welcome to follow: Minus Thirteen Degrees
Let's go through the bull and bear markets together and see through the cryptocurrency world.

Today I saw the appeal letter from CZ's relatives and friends to the US SEC.

It's too humble.

Lao Mi is a wolf. The more humble you are, the more you will be bullied. After all, this world has always been a law of power, and the essence of this world is the power of the strong.
The old lady came to China to borrow money. At this time when she was short of money, she finally had a big fat sheep delivered to her mouth. There is no reason not to eat it all.
However, there are also those who choose to confront the SEC head-on.

Generally speaking, as long as the SEC sends a wells notice to a cryptocurrency company, the company will usually choose to give money to eliminate the disaster, just like the villagers send away the bandits and get short-term protection.

The SEC usually uses the wells notice to explore the way, and generally does not intend to go to court. If you are willing to pay money to eliminate the disaster, you can get the SEC's protection in a short time.

If you choose to confront head-on, the SEC will also choose to be tough, and their winning rate is quite high, which is why most cryptocurrency companies are willing to spend money to eliminate the disaster.
However, this time, SEC chose to confront Consensys, the parent company of Little Fox Wallet. SEC notified Wells that Metamask is an unlicensed securities broker.
Consensys is not a soft persimmon. It chose to confront head-on and counter-sued SEC for overstepping its authority. In the indictment, it stated: Its brother regulator CFTC has recognized that Ethereum is a commodity, while SEC has always insisted that it is a security, which is suspected of rent-seeking.
One said it was illegal, and the other said it was overstepping its authority.
If this lawsuit is opened, it will be a long process.
We can just be a bystander. No matter how the tense evolves, it cannot change the fact that the bull market is coming.
We just need to sit tight and wait for the bull market to take off.

The external environment facing cryptocurrencies is indeed quite bad.

The PCE data came out tonight, which was higher than expected, indicating that economic inflation is still there and the expectation of interest rate cuts will be postponed again.
This is undoubtedly a further blow to the current troubled currency circle.
Even Wall Street is currently on hold, and risk aversion is serious. Is the market really brewing a plunge?
In the short term, the risk is indeed relatively large, so we should focus on risk aversion at present, or follow our previous strategy to maintain a long-term 70% position and leave 30% of cash positions for backup.

During this period, at least before the end of the 51 holiday, it is difficult for the market to have a big breakthrough. The only catfish is the Hong Kong spot ETF. Let's see if it can surprise us.

But don't go short. This ghost market is almost unpredictable and fluctuates violently up and down. Especially some contract investors must keep their tails between their legs recently and try with small positions. Don't take it too seriously.

The bearish sentiment of the entire market is far greater than the bullish sentiment. At this critical time, we should remain rational.
Now there are a huge amount of short orders accumulated above Bitcoin, and there are only a few long orders around 60,000, which are small fish and shrimps. There are nearly 10 billion short orders above. Will the dealer go up and eat up these fuels?

The possibility is very high.
Everyone should try to invest mainly in spot and avoid frequent operations.

The market has been very weak recently, and many friends have started to short at this position.
I personally think the risk is still relatively large.

ETFs have had net outflows for two consecutive days, causing Bitcoin to fall from 67,000 to 63,000.

All major ETFs have stopped, and Grayscale is like a tiger out of the cage in the Bitcoin market.

However, the support range of 6,000 to 63,000 is very strong, and it is very difficult to break it directly.
Although we are all leeks, in everyone's mind, this position is the bottom recognized by everyone, and everyone is very determined to buy the bottom.
You can pay attention to a Bitcoin prediction tool: Rainbow Chart.
It almost accurately predicts all the trends of Bitcoin, and this round, it predicts that the price of Bitcoin will be in the range of 16 to 20.

You can refer to and compare, where are we now?
So Thirteen believes that from the perspective of long-term investment, it is a good choice to enter the market and hold Bitcoin for a long time at this position.

Of course, there are definitely risks in the short term, and the market may fall below the bottom of 60,000 again. If such an extreme situation really happens and Bitcoin falls back to around 55,000, Thirteen will definitely go all-in.
Then every day in the Thirteen Circle, we comfort each other and get through the harsh winter together.

How to complete 70% of the position? Of course, it is through multiple fixed investments + bottom-fishing when the price drops. Thirteen recommends 1~2% per day for this cycle, so that the position construction can be completed in about 50 days. This can minimize the cost of holding positions and avoid losses caused by large corrections. The remaining 30% of the position can be followed by Thirteen in the Thirteen Circle to do short-term trading, new stocks, and small waves in the volatile market, bottom-fishing at low levels within the range and selling at high levels. For example, when Bitcoin fluctuated in the range of 60,000 to 65,000 before, we could bottom-fish at 60,000 and sell at 65,000. Now that Bitcoin is fluctuating in the range of 63,000 to 68,000, bottom-fishing around 63,000 and selling around 68,000 is a good choice. Of course, the development of the market is changeable, and we may face a breakthrough or a break. Then continue to move up or down the range. But you must be decisive in bottom-fishing and selling operations, and don’t be greedy for the prosperity of the world. Bottom-fishing needs to be done in batches multiple times, and 10% to 20% of the position is enough.

What should I do in extreme situations? For example, Bitcoin suddenly fell below and went directly to 55,000. Thirteen's suggestion is to enter the market directly, then delete the app and get the big bull market.
As for the rise and break, there is no need to worry. We have 70% of the spot position, which is not empty at all.
After the trend is established, we can enter the market on the right side.

In this way, we can control risks in this round of bull market while maximizing profits.
6,

Of course, Thirteen will give specific investment strategies and methods to members one-on-one. The requirement is to describe the problem clearly in words at one time, instead of taking screenshots for me. Screenshots are meaningless.

I have also sorted out the specific currency recommendations, and everyone is welcome to take them.

Thirteen Circles only embraces value and investment in certainty products.

How to control risk?
Recently, many friends have left messages in the background, asking Thirteen, how do you control your position? How to keep your position at 70% forever by shorting? And unlimited bullets to buy at the bottom?
In fact, position control is not complicated.
The specific position to hold depends on the market pattern. In the bull market, such as now, Thirteen recommends holding 70%.
Although the market has experienced a correction, from a large cycle point of view, it is a bull market now. The bull market is not afraid of corrections, but it is afraid that you are not on the bus.
The longer the bull market is suppressed, the higher the future outbreak will be. Don't believe those remarks that the bull market is over.
They are all real leeks.
In the bear market, Thirteen recommends a position of less than 20%, or even 10%, and then the position is different at different stages of the bear market.
At the beginning of the bear market, the position should be controlled at about 10%.
At the bottom of the bear market, you should start to invest slowly. How to judge the bottom of the bear market? Generally speaking, the highest price of the bull market * 75%, the most likely is the bottom of the bear market.
This cycle often lasts for several months, and we have enough time to build a position.

However, there is also some not-so-good news on April 30th, that is, CZ will accept the verdict.
Although he paid countless fines and had a good attitude of confession, it aroused Lao Mi's ferocity and he planned to eat CZ dry.
As outsiders, we all know that CZ's incident is essentially a regulatory violation. In order to preserve Binance, CZ had to sacrifice himself.
One person took it all. In the era of the wild development of cryptocurrency, some illegal acts carried out by some people through Binance could not be eliminated.
The early regulatory system and technology were not mature, and every early exchange was the same.
Now it has become CZ's evidence of guilt. If CZ does not bear it, Binance will bear it, and the loss will be greater.
Even after so much, Binance is already the absolute overlord in the exchange.
This incident also warned us that we must never give the initiative to others, and always keep it in our own hands.
As ordinary investors, the same is true. Don't leave your funds to others to handle, and don't leave whether you make money to luck, but reasonably control the risks and positions, so that you will always be invincible.
cz thought the Americans would be reasonable, but facing an unprecedented fat sheep, it is unreasonable not to kill it.

Especially since this fat sheep has no backers.
Even if it is beaten, there is no parent to support it.

There is also a great good news.

Today, Hong Kong approved the Bitcoin and Ethereum spot ETFs of China Asset Management, Harvest Fund, and Bosera Fund at one time.

It will be officially listed on the 30th of this month.

This is a great benefit for the currency circle, especially for Ethereum. Hong Kong is all in web3.

Hong Kong is part of us. What it can do is indirectly equivalent to recognizing its legitimacy.

Not only should there be one country, two systems in the system, but also in the matter of web3.

There are considerations above, and opening this loophole in Hong Kong is enough.

Of course, mainland investors cannot participate directly, and it is expected that people in the web2 world will not go to Hong Kong to invest in Bitcoin and Ethereum ETFs.

Because as an investor in the circle, buying Bitcoin and Ethereum directly is not more direct, and it will not take off your pants to fart.

The short-term market depends on how big Hong Kong can open the plate and how much funds it can attract on April 30.
So today in the thirteen circles, I tell you that you can ambush some Bitcoin and Ethereum in advance. The current price is good.

In the past few days, the inflow of funds of BlackRock ETF is zero, which is one of the main reasons for the current weakness of the market.
Today, Thirteen placed a long order at 62800. I thought it would not reach it in a short time, but I couldn't understand why it reached it today.

Since I caught it, I got the big bull market directly.
Even if the king of heaven comes, I will not let go.
In the short term, the market is indeed facing huge risks, but Thirteen has repeated countless times in the article before, investing in Bitcoin must be a long-term behavior, and short-term gambling can be played. Don't take it seriously. If you take it seriously, you can only become a leek.
Next is May, which is very important because whether Ethereum can pass the ETF is a big event in the currency circle.

It's just that the ending has already taken the initiative, and the market is likely to not pass it.
Ethereum has been quite weak this round, and has been digesting various negative factors. Although it is highly likely that it will not pass the ETF, it does not mean that Ethereum will not rise.
Sun Yuchen and other big guys bought a huge amount of Ethereum at the current position, and the market was frantically absorbing funds. The panic chips of retail investors were taken away by this guy.
Later, Ethereum skyrocketed, and a bunch of people came out to say that Sun cut the leeks.

If you have Bitcoin or Ethereum in your hands now, please hold it firmly and don’t lose it.

In the recent decline, in fact, no one in the entire market can be spared.

However, many people do not control their positions during the investment process. As long as the currency appears in Thirteen's articles, they will buy heavily.

When the market is rising, Thirteen is a god. When the market plummets this time, he does not stop the loss in time and is trapped, and he instantly becomes a black fan.

In the long run, as long as the currency appears in Thirteen's articles, it is carefully considered and has a high probability of performing well in the future bull market.

No one can predict the short-term market.

Thirteen can also understand that most people are trapped in this wave of callback.

When you are trapped, you always have to find a vent.

In life, people do it, and God sees it.
When encountering black fans, Thirteen will immediately block them. It is a waste of time to argue. It is better not to meet them.

Come on, people in the currency circle,
Welcome to follow: Minus Thirteen Degrees
Let's go through the bull and bear markets together and see through the world of the currency circle.

Don't worry about not having a chance to enter the market after the market rises.

As long as Bitcoin stands firm at the pressure point and an upward trend is formed, we can enter the market on the right side, which is also a good choice.
Low-level bottom-fishing is all left-side entry, that is, when the market falls sharply and the future market is unclear, betting on bottom-fishing.
Many institutional short-term investors play the opposite way. They will enter the market after the upward or downward trend of the market is formed.

However, having said that, Bitcoin around 64,000 is a good entry position, provided that you can hold it for a long time.

If you are impetuous, then you have to be cautious, but it is still recommended that you follow the investment method of Thirteen to operate, so that you don't have to pay too much attention to the market.
Only leeks will stare at the market every day.
If you stare at it, he will not favor you, pity you, or flatter you, but will only mess up your mentality, shake your will, and completely become the leeks of the banker.

Recent data from exchanges show that the outflow of Bitcoin continues to increase, and investors are hoarding the coins on the exchange into cold wallets.
They see the huge value of Bitcoin in the future, so they choose to hold it for a long time and ignore the short-term price.

But most people in this market can't do it.

You say they are ignorant, but they are very smart when they speak.
They like to watch the market every day to see how much their funds have increased or decreased, like to chase every hot spot, and like to buy some altcoins that others say are very good...

But the result is that these people will become martyrs in the bull market.

I see the positions of many friends, and even take 5 screenshots to put them down. There are dozens of currencies, many of which I have never heard of, and I have to check the information of these projects one by one.

But there is no Bitcoin and Ethereum.
I know that these projects must be bought by someone or myself because they think there will be a hundredfold increase in the future.

Because I don’t have my own investment system and the ability to think independently, I am always dragged by others, making my positions extremely complicated.

Any amount of capital holdings cannot be without Bitcoin and Ethereum. Some people say that I have little capital, can I bet on the contract completely?

Of course not, there are ways to play with less capital. In the early stage, learn more about airdrops. There are many bloggers who specialize in free zero-cost airdrops in the square. The current period is the golden period for airdrops.
Participate in every project, don't be afraid of hard work.

As long as you come across one, your original capital accumulation will have a huge increase. If you expect a few hundred U to sweep the world in the currency circle, it is impossible.

In this turbulent market, it can disappear without a trace in a few seconds.

When Bitcoin is stuck above 66,000 for a long time and cannot break through, or even cannot stand steadily, the risk of the market going down is very high.

I have already said in the article before that Bitcoin may be in a recent trend if it keeps going up again and again.

The continuous high-level fluctuations in the past few days have made many people seem to see the dawn of victory. Many people left messages asking me: "Can I catch up?"

I have already vacated 30% of my positions at around 65,000. If this wave of callbacks is formed, it will be a new round of bottom-fishing cycle.
I hope that the volatile market will last as long as possible, so that we can sell high and buy low many times and magnify the principal.
However, everyone must maintain 70% of the long-term positions. It is very normal for Bitcoin to encounter such pressure after the halving.

Breaking through is not an easy thing.

The callback tonight seems to be a bit thunderous but little rain.

It is highly likely that the market will still fluctuate sideways. Our bottom-fishing range has not yet arrived. The reasonable bottom-fishing range should be between 61,000 and 63,000.
It is unlikely to encounter the 59,000 market again.

Unless the Fed suddenly announces an interest rate hike, the core PCE price index released on Friday will show huge negative news.

If this is true, Thirteen may set off firecrackers to celebrate, because cheap chips are everywhere. ,
Thirteen still has many Us that have not entered the market, and have been waiting for an opportunity to enter the market.

If there is a huge correction like 312, everyone's assets may fall by 60%, please be calm.

All losses are temporary.

The cryptocurrency world is the same as the real world.

What we see may be what the dealer wants us to see. When we are afraid, it is what the dealer wants. When we are inflated, it is also what the dealer intends to do.

To survive in this circle, the first task is to stay away from leeks.

Take a long-term view and invest with long-term thinking, and no one can cut you off.

Come on, people in the cryptocurrency world,
Welcome to follow: Minus Thirteen Degrees
Let's go through the bull and bear markets together and see through the world of cryptocurrency.