The Scythe is back! Justin Sun’s Douyin shot to No. 1, the currency circle is in danger this time!

Cyber ​​and Aptos are about to face huge selling pressure, and I am ready to go short!

Bitcoin rebounds again, can it break new highs this time? Have the giant whales bought the dip? Let’s follow Shu Qin to find out.

Before talking about the market situation, let’s talk about some gossip.

First of all, Sun Yuchen, the biggest scythe in the currency circle, started his first live broadcast on a certain channel yesterday. The popularity reached the first place on the entire network, and Brother Sun also announced that he would broadcast frequently in the future, saying that he would lead us to lose. Shu Qin was really scared.

Moreover, he not only broadcasts live on a certain music channel, but even announced that he would join Xiaohongshu last month. Now he shows us country bumpkins his billion-dollar business in Singapore every day. He can decide the fate of countless leeks with just two clicks on his mobile phone at home.

Some people always think that Sun Gao is careless and out of place, and that it is just luck that makes him so much. In fact, everyone really doesn’t understand his background. Just because he was admitted to Peking University as an undergraduate, he has already surpassed 99.9% of people, not to mention that he graduated with first place.

Later, Justin Sun even obtained a master's degree in law from UPenn (University of Pennsylvania) and had lunch with Buffett, so if you think he is a fool when you see him being funny, then you have really been successfully fooled by him.

Why do you say that? Because he and Mr. Bao both played a trick back then, and of course Mr. Bao is still playing it now, which is pretending to be cowardly on the surface, but in reality one is smarter than the other, and then they sell you and you are still counting the money for them.

I believe many people have often heard Mr. Bao say: "He doesn't know anything. He is just a beef seller. At his level, he can earn 10 billion in the currency circle. Then the smart people here will definitely earn more than He is more.

When the audience thinks about it, huh? That's right, he can make so much money selling beef in high school, so if I am so good, I will definitely be even more awesome in the cryptocurrency industry. As a result, you know, a bunch of newbies believed in his evil deeds in 2021, and 90% of them became his successors.

But don't worry, because the leeks will grow again. Just wait and see when the bull market comes next year. These people who have returned to zero will come back and feel that they can do it again. And the remaining 10% who are still persisting, that is, everyone watching the show, we have become old leeks, buying low prices in the bear market, and now we are waiting for the newcomers to enter next year, ah, you know , I can hardly hold my 18-meter scythe anymore.

Ah, to get back to the subject, Sun Yuchen now posts updates every day and does live broadcasts, and has not disappeared, so it can be seen that domestic policies are really turning and he has begun to actively develop Web3.

Hong Kong has already been listed on several exchanges, so this bull market will definitely not see the super bad news of May 19, 2021, which caused Bitcoin to halve on the same day, and the bull market process was forcibly interrupted. On the contrary, this bull market will have policy support from the East, so the prospects are brighter this time.

Let’s talk about the current market situation. It is obviously in the transition from wave B to wave C. I think it will consolidate or fluctuate for a while, because wave A has gone for more than a month, so wave B should still be active for a while, so if it dares to go up to 28,000, especially the previous high Here at 28500, it is a very good opportunity to go short again. It depends on whether the bulls give it a chance.

After all, as I said in the last episode of the program, it was shrinking and rising, and it was difficult to even stand firm, let alone the bull market started, so I directly led the group of friends to go down from more than 28,000, and gained a lot.

After all, if the market really reverses, it should be an increase in price and volume, and a surge in turnover. We have not seen this situation yet, so I am still shorting on rallies. If the volume increases in the future, then I may consider other strategies. So don’t just look at the K-line all day long, look at other data.

For example, Aptos will unlock 2% of the tokens in 7 days, worth 25 million US dollars. This is definitely negative, but because the unlocked amount is only 2%, it is much less than the 8% of the circulating market value that Sui just unlocked, so it may not be profitable. It's not that big. If it has a better rebound in the past few days, then I will go short.

However, compared to Aptos’ small trouble, Cyber’s disadvantages are much greater. It will unlock nearly 12% of the current circulating tokens in 11 days, that is, on October 15th. 12%, this is very A big amount.

And if you look at its token model, it will be unlocked basically every month. I think this is comparable to Ape. The only difference is that this project has just come out and is still a bit popular, so it is not as stable as the previous empty Ape, but when its popularity subsides later, it should be able to be empty at will.

The current market fluctuations are very large. Ether jumped from 1600 to 1700 on Monday, and then fell back to 1600 on Tuesday. There are various draws, so these operations are in the general direction. The specific entry points will be determined by Shu Qin based on multi-party data. It is updated in real time in the group, everyone can take a look.

For example, our recent operations have been very perfect. For example, the OP who bought the bottom at a low price before, my video on Monday made everyone escape from the top, and you all saw it. Then we also ate a lot of money when we shorted Bitcoin on Tuesday.

Finally, Shu Qin wants to share the on-chain data with everyone.

The picture shows the daily net increase and decrease trend of Bitcoin on the exchange. For example, when the price surged a few days ago, major investors were suspending purchases or even clearing and selling. You can see that it was all green at that time. Now that the price has corrected, you have also seen that the giant whales have returned to the accumulation mode, but the amount is not large now, so we will continue to pay attention. In fact, their playing method is very simple, which is the most primitive selling high and buying low, but there are very few retail investors who can actually execute it.

For example, when the price surged on Monday, a bunch of people were crazy. Some people said they would go to 30,000, and some said they would go to 40,000. In the end, they all missed the opportunity to escape from the top. If they took a look at the data posted by Ben Qin in the group, they would not They will chase the rise, and even short-sell with me to escape the top, so there are definitely two worlds with and without data. Shu Qin will update these every day.

Okay, that’s it for today’s program. Please click to subscribe, and let’s achieve wealth and freedom together in this bull market!

Bye~