The top Chinese narrative on the R-chain, “富贵,” is a solid pick. With its current market cap around 700K, it could be worth accumulating now. Hold it for a while and you could make several times your investment—or even dozens of times.
BTC is currently around 79.8k, where you could enter a long position. Start with a small initial position and see if support holds—if it does, the price could take off. The profit potential on the long will be very good as long as support holds. If it breaks below support, exit decisively. The risk-reward looks attractive.
The top Chinese narrative on the R-chain, “富贵,” is a solid pick. With its current market cap around 700K, it could be worth accumulating now. Hold it for a while and you could make several times your investment—or even dozens of times.
Marscoin is looking like great value at its current price. After a short-term false breakout, it got pushed back down, and now the price is back near the lows. A descending wedge has also formed on the lower time frame, which is a bullish signal, so I decisively entered a long position near 0.106. Once it breaks above the wedge’s upper trendline, it could shoot straight up. If not now, when?
$PONS This position has been oscillating for a long time too. If the r-chain hadn’t temporarily gone quiet, this bidding target likely would have broken to new highs again. However, when pons’s transmission site market has not been doing well, it has still consistently generated several hundred thousand in revenue to buy back and burn pons. Currently, over 30% has been burned, yet the actual market cap has not reached 630 million.
So regardless of the contract or the on-chain trend, the current situation is a consolidation-uptrend continuation pattern. Once the on-chain environment improves a bit, pons is likely to push toward breaking the 1 billion market cap. The current price around 0.63 is the best opportunity to set up a trap—its cost-performance ratio is quite high.
The Marscoin bottom washout is almost done; the position is good. You can go long around the current price of 0.104. Place a stop-loss at the new low. Add to your position as it drops—so long as it doesn’t reach the stop-loss level, hold for a while and you should at least catch a big wave. The target is a potential 2x!
I haven’t placed a stop-loss order for a long time. This time I did hit the stop-loss. I remember that last time as well—I was trying to top-tick and short with a stop-loss, but this time I only got stopped out on the main position (head position) using a very small position size, because there was no prompt to add more. Mainly, I also wanted to verify my judgment.
Yesterday there was a surge of accelerated upside. At that time, the high was near a weekly-level resistance line. Last time, the high also touched the resistance line and then got pushed back down. So yesterday, below 85k, I tried opening a short for the head position. Although price only went above 87k, normally the stop-loss level for the head position wouldn’t be very large, but Brother Gua’s stop-loss points have always been around two thousand points. Once it hits, he decisively exits.
There are many opportunities. If I hadn’t taken the stop-loss this time, maybe I would have gotten lucky and held through the move. But what about next time? Or the time after that? So once it reaches the expected level, you must strictly follow through. Also, this up-move has already been close to ten thousand points. Losing a bit on the head position is nothing serious.
After sleeping and waking up, the price is still the same as before, but the position is gone. Yes, I cut my loss. I tried to short, but it failed. Although the price has come down again now, the high point back then already reached my stop-loss level, so I decisively cut the loss and exited!
Simple and straightforward—do it again. Enter a leading short position near BTC’s current price of 8.47w, and enter a leading short position near ETH around 2720. Got the reply—over!
Many friends ask me when I’m going to short again, so I’ll mention it in advance: this recent accelerated surge has not ended yet. It’s also been suppressed for such a long time. A few days ago, the bad-news catalyst didn’t play out, and many funds are still waiting. Obviously, once the bad news lands and turns into good news, funds will come in again.
At the very least, we need to push out a new high. I expect BTC’s short-term top to touch around 85k, specifically around 84.5k, which is also the spot I plan to short. For ETH, my short plan is roughly in the 2780–2800 range. These next two days over the weekend are critical.
If price continues to range high over the weekend, then the sell pressure will have to be digested through sideways movement rather than a drop. Next week, we’ll directly target the previous highs. If it just drops straight down, we’ll look for opportunities to add to positions or enter long trades at that time. For now, my long position still has a little “ant-position” reserved; I’m holding that strategy for the moment.
The ETH trend is also quite clear. After such a long period of daily-level consolidation, and since the price hasn’t dropped despite bearish news, the pattern here is an uptrend continuation rectangle. After briefly touching support in the short term, you decisively entered a long position; the entry cost is around 2425.
The current price has once again moved to the vicinity of the recent highs. The longs taken in the 2645 area have captured roughly 200 points, which is also a solid swing-trading profit. Also here, we’re watching for a new high: yesterday closed with a bullish candle on rising volume, and it’s still in an uptrend continuation formation. There’s a high likelihood it will continue breaking out. The next target is around 2780; you can take partial profits on the long positions and keep a bit of the position with a bigger-picture mindset.
BTC’s fundamentals and forecasts are the same as before. Of course, it also signaled a long entry near 76.3k. Over the past two days, I’ve been watching it near new highs. Eventually, the price accelerated in one push and moved up to the area near the new high. Here, you could say this is the pressure line position from the recent period.
If the price keeps chopping sideways and consolidating at the high level, it might play out as a “sideways before a drop” pattern—using the sideways movement to build energy, and then breaking through the previous high in one go. So the next target would be 85k. That means the long position is already held for about 5,000 points. Keep scaling out and taking profit in batches. If you want to hold with a bigger mindset, just keep a small portion of the position. In the short term, I won’t consider shorting. It’s pretty clear: if negative news doesn’t push the price down, then it will go up.
And it’s also been said that the next two months will be a “vacuum period.” With no negative news and price still trending upward, you have to give up on the idea of shorting.
Btc is about to reach the pressure line. If it breaks through and holds above 79,000, then it should move toward the previous high area. If it can’t break through, it will likely be pushed back down again. So for long positions, there are currently about 2,000 units worth of profit. You can take some profit in batches and keep a little position with a long-term mindset.