Remember when we talked about $牛来 with everyone on October 12?
Our strategy was clear at the time: build a spot position in batches, starting at 0.07, adding more at 0.06, and gradually buying more as the price went lower. The plan was to accumulate in three rounds and expect a 2–3 month consolidation—first a sell-off to shake out weak hands, then a move up.
We’ve all seen how the market played out. The price dropped to around 0.0498 and stayed there for a long time. Quite a few people couldn’t hold on and sold. We patiently left our limit orders in place as planned, and all three planned entries have now filled.
The price is now back around 0.069, firmly above our average entry price!
Chinese-sector altcoins are all about narratives and token holdings. The earlier shakeout was just meant to flush out weak hands. From here, we just need to be patient and hold. More importantly, on-chain token distribution shows that market-maker addresses have been steadily accumulating in the lower price range, and most of the tokens held by retail traders have already been absorbed. Some addresses have even continued accumulating gradually as the price fell.
The accumulation thesis hasn’t changed. We’ll wait for sentiment in the sector to pick up before looking for a rally. Keep the spot position steady; basically, there’s no need to do anything—just wait for a catalyst to get the market moving. Is there a good entry point for futures? There is. I’ll wait for the short-term trend to become clearer, then coordinate with Krabby Patty to enter and accumulate at lower levels! Sound good?
#币安已处理46.5亿美元提款 #比特币现货ETF周净流出2.03亿美元
Our strategy was clear at the time: build a spot position in batches, starting at 0.07, adding more at 0.06, and gradually buying more as the price went lower. The plan was to accumulate in three rounds and expect a 2–3 month consolidation—first a sell-off to shake out weak hands, then a move up.
We’ve all seen how the market played out. The price dropped to around 0.0498 and stayed there for a long time. Quite a few people couldn’t hold on and sold. We patiently left our limit orders in place as planned, and all three planned entries have now filled.
The price is now back around 0.069, firmly above our average entry price!
Chinese-sector altcoins are all about narratives and token holdings. The earlier shakeout was just meant to flush out weak hands. From here, we just need to be patient and hold. More importantly, on-chain token distribution shows that market-maker addresses have been steadily accumulating in the lower price range, and most of the tokens held by retail traders have already been absorbed. Some addresses have even continued accumulating gradually as the price fell.
The accumulation thesis hasn’t changed. We’ll wait for sentiment in the sector to pick up before looking for a rally. Keep the spot position steady; basically, there’s no need to do anything—just wait for a catalyst to get the market moving. Is there a good entry point for futures? There is. I’ll wait for the short-term trend to become clearer, then coordinate with Krabby Patty to enter and accumulate at lower levels! Sound good?
#币安已处理46.5亿美元提款 #比特币现货ETF周净流出2.03亿美元
