The night turns to autumn overnight—one autumn rain after another brings the cold. In the Web3 industry, it doesn’t seem to have a “golden nine, silver ten” saying, so the market is still choppy. The resistance from the 365-day moving average is still very strong, and it doesn’t look like we’ll be able to break through anytime soon.
So, according to the pattern, we should do another round of squats, then continue the higher-jump trend for a healthier setup. I prefer this kind of script. Right now, volatility is very low because the 4-hour timeframe’s long/short boundary is still holding things up.
If the 80,000 level is breached, things will plunge quickly. So I’m still closely watching and haven’t rushed into any trades. In the short-term, momentum money is taking profits and cashing out—watch out for the broader market’s pullback risk!
So, in the next bull market, will retail investors still have a chance? I can’t say there will be coins that can do 100x—how about 10x? When I was doing投研 research today, I found that another big shot has a heavy near position.
So, I had the AI help me go through the full background of this near coin—from beginning to end, from past to present—quickly. Right now its market cap ranking is around the top 30. In theory, there is room to rise. It’s not one of those overly shoddy tokens that hardly anyone plays.
Seems to belong to the AI sector concept. Currently it’s about $2.3 per coin, relatively near historical lows. On the technical side, I saw a golden cross start on August 18. So this spot token can be held long-term. Riding the favorable wind of the next bull run, the cost-performance ratio feels pretty good.
At present, it’s comparing with the HYPE platform token being too large in market cap, and that’s the other option. To save you from asking me all day: besides BTC, are there any other good spot assets you can allocate to? Hopefully time will give the answer—does near have a future? By the end of 2029, you’ll see whether the return rate of long-termism is truly positive or negative.
Hope this is my newly discovered wealth code! But remember: when BTC goes up, follow the trend and hold. When the overall market is weak, it’s hard for anyone to stand out against the current.
Right now the whole blockchain market is in a box range of 71,500 to 83,200, mainly characterized by consolidation. Because the actions of speculators and institutions haven’t fully synchronized or resonated together. Speculators use leverage and trade contracts more; institutions mainly hoard BTC assets.
So, it’s important that you define yourself as trading short-term, medium-term, or long-term—because the signal cycles you look at are completely different. This article today is purely a professional knowledge-share from the group leader—hope you all gain something.
I’ve almost met all the top big shots in the B-side circle—Zhao Changpeng, He Yi, Bao Erye, Sun Yuchen. But I didn’t get group photos with them, except with Bao Erye. (Includes those details.)
There aren’t many people who truly understand technology and trading. As for the exchange owners, besides having big data advantages, I can only say that their real level—well, I’ll just say “haha.” So I’ve completely demystified these big shots! Because real高手 are out there among ordinary people.
Asset allocation is a craft. If Zhou Wenqiang had entered the direct-selling circle earlier, or if he’d managed to connect with B-side contacts, maybe he wouldn’t have ended up with this disaster today. Look at Sun Ge—has he not done evil to the fullest extent and still remains at large? Even if he sparks public anger, he doesn’t care and continues doing things his own way. What should be arrested isn’t; what shouldn’t be arrested is. It’s truly something that leaves one deeply感慨。。。。。。
Right now, the biggest headache for Sun Yuchen is that Li Lin—the former Huobi boss—is coming back again, setting up a metals category exchange called UMX in Hong Kong. The platform name may imply “Unified Market Exchange” (Unified Market Exchange). It looks like Li Lin’s ambitions are enormous.
I think retail investors will vote on the trend with real money. Sun Ge’s Huobi users will surely gradually shift over to playing this UMX instead, since everyone still believes in Li Lin’s character. Sun Ge has absolutely no bottom line at all.
When the winds of the jianghu rise and the tides surge, a great hero will eventually meet his end. At the peak of the 2029 bull market—will you still be at the gaming table?