Hello everyone, every time the market drops I will post to tell you what is about to happen. As you all see, the price of gold has cooled down, but along with that, many other assets have also begun to decline. According to my prediction, there will be a slight adjustment throughout the economy in the near future. It will not be as bad as the economic crisis, but it will be a storm that will cause many assets to return to their true value. This is completely under the control of the FED. So you guys don't need to worry too much. Prepare lots of cash to go offshore. The FED will lower interest rates in the European winter and before that the entire market will continue to have a bloody moon night. Don't be in a hurry at the present moment. You can DCA some BTC if you have a lot of cash on hand. But not to throw a large batch.
The answer is independent thinking. Having an independent and different thinking system from the majority will cause you to think and act like a minority. The market has a lot of money. But the winners are only a few. If you are not a minority, you will easily be the one losing money.
When BTC increased more than 10%. You rush to buy in, then when it adjusts 10%, you're worried about selling the cutloss. That cycle will keep repeating for you indefinitely if you follow the crowd. Investing is more of a psychological game than a technical one. Many times the only thing you need to overcome is the greed demon inside yourself.
Be alert, BTC has recovered near its old peak. I also don't consider adding more at this time. Stand outside and wait for special events, BTC's big sale will come soon. Please wait more.
BTC is in the price zone that determines the short-term trend. BTC was rejected at the 61.5k price range. Next, there will likely be another liquidity sweep at the 61.5k and 62/63k thresholds.
I'm afraid that the FED will keep interest rates high for quite a long time. The expectation that the FED may cut interest rates this year mostly comes from forecasters saying that the crisis will happen at the end of this year. .
Like previous crises, the FED has moved to maintain high interest rates until the economy shows signs of crisis, then it will begin to reduce interest rates again.
This time, the FED is more playful, they announced that they will reduce interest rates this year so that central banks of other countries will consider lowering interest rates first. Especially developing countries need the advantage of cheap exchange rates to export goods. But in reality, after central banks of other countries cooled interest rates, the FED continued to maintain its high interest rate position to help strengthen the USD.
The end of this year, I predict, will be the peak of this interest rate battle. As more war was happening, the European winter was also approaching. That will cause energy prices to explode. Causing a shock to the supply of goods across the world market. Prices will increase greatly on all items. Now is the time to open the FED's bottleneck
This uptrend season is no longer like previous seasons. The money flow into altcoins is not really strong. As we can notice, Bitcoin almost has the largest trading volume and strongest cash flow. Even when Bitcoin is in a sideway state, it is still a wide amplitude sideway, constantly pulling and releasing, but altcoins hardly move much.
The possible reason for this is because Bitcoin has more ETF cash flow, previously we could only buy Bitcoin with other virtual currencies - stable coins. Now that ETF spot is present, it is a playground for real money.
If you just follow Bitcoin spot, buy when it drops greater than 10% and sell when it recovers 10%, you will almost win in the past 3 months. Currently, altcoins are considered quite high risk. When the price amplitude of Bitcoin fluctuates widely.
$REZ is a liquid token, it is the product of the staking/restaking process on the Renzo platform. This is similar to previous Defi and GameFi seasons. For example, the game Axie Infinity is the same, it also requires input of 1 token and output will be another token - I call it liquidity token. In theory, input tokens are always purchased by gamers. If there is no trader's fomo but only gamers, it will definitely increase over time. But it has another liquidity token, SLP. This token is paid when the player completes tasks in the game. In other words, SLP is always issued to all gamers. No one wants to buy and hold them. They will take profits soon.
Similarly, many other gamefi projects like TON, Aliens world, ... or Defi like Pancake swap, Renzo, Etherfi,... All of them have in common that they have liquid tokens. And you should never hold it. Usually they will increase in price at first, then gradually decrease.
It's the same with REZ, but I just don't think their founders are willing to let go immediately after listing Binance right from the beginning.
You should also be careful, I also lost some money after this token continuously decreased. Follow me to receive information about BTC as well as avoid buying liquid tokens when you want to invest for the long term.
The price range of 64.5k has been tested twice. There are no signs of a break yet. Volume is also weakening. It proves that the majority of transactions here are juvenile fish. Consider capital preservation. Bull trap is still waiting for more fry. There may be a slight correction to the 61k area in the short term.
This is an opportunity to take small profits or cut losses. You are unlikely to see these prices in the next few weeks.
Easy to understand, if you sold BTC at 64k before. So when the market drops deeply and you accumulate a little BTC, what will you do when the price returns to 64k??? That's right, you will find a way to sell it.
Be careful, big boy wants to pull prices to continue taking profits. You just need to wait, the opportunity will come.
Surely you are a little panicked because you are worried that BTC will decrease in price. The question is whether the trend has gone down yet?!
It's difficult to answer. But what I can help you with now is to advise you to buy gradually. Follow the strategy "Double to death". The main idea of this strategy is DCA. Every time BTC price drops 10%, buy it. But the amount will need to double with each purchase. This helps reduce your price position further with each purchase.
For example: Buy 100$ at 63k = 0.001587 BTC Buy 200$ at 56.7k = 0.003527 BTC Buy 400$ at 51k = 0.007843 BTC So the average price after 3 purchases will be: 700 ÷ 0.012957 (BTC) = 54k.
Be alert and start buying now. This is a strategy to increase capital exponentially. So if you don't have enough buying power for about 5 consecutive times, divide equally or in larger proportions at support price areas.
Regardless, I advise everyone to start buying when the market is FUD and be greedy when others are fearful. Remember, wealth is not for the majority. Most of the money you receive with this strategy comes from people buying high and selling low. If you already understand this, then do the opposite of how other people lose money. You will win. I will share with you what a DCA person's chart will look like.
Recently I received news that Tether printed another 3 billion USDT. This may indicate that the market is about to have big fluctuations. This USDT has been divided among many CEX exchanges including Binance. But in the long term, it will be beneficial for price increases. The total supply of USDT has increased by 30% since Bitcoin's old ATH. This will give BTC more growth momentum in the near future. BTC's price of 100k is not unfeasible.
I'm not sure if BTC price will go up or down in the near future. But either way, it will be a big upheaval. To be safe, I divided my money and started DCA for the leading token in the Restaking trend - ETHFI.
Later, many similar tokens in the restaking trend will be born. But I think ETHFI has enough motivation to grow strongly because it has the advantage of being top 1 in the market in the staking segment.
Start DCA gradually and spread your capital. Good luck.
As requested by my followers from last time. Today, I will analyze token $MANTA . From the technological aspect, to the financial investment aspect.
First of all, MANTA is a project under the Layer2 category. The main purpose of Layer2 is to create a new chain in parallel with the current chain to help speed up transactions as well as reduce costs when performing consensus. The problem with Layer 2 is that it will need to bring transactions on its chain into consensus with the original chain, this is called "Rollup".
Rollups are divided into 2 types: - Optimistic Rollup: projects such as Arbitrum $ARB or Optimis $OP , Blast... - ZeroKnowledge Rollup (Zk-roll up): projects like zkSync, Manta, StarkNet,...
As you all have seen, the layer2 trend is coming to the other side of the slope with outstanding growth from ARB or OP. But those are just Optimistic Rollup projects. If you join the Layer 2 trend later, you should consider Zk rollup projects. But don't expect too much. Because I think this trend has been weakening.
As soon as my article was published, the TVL on MANTA's dex was reduced by half. Perhaps it was influenced by MANTA's roadmap when switching from using zkEVM to Polygon zkEVM-based. This makes it no longer attractive. Although transaction fees are much reduced. I will add a photo below of the amount of money in/out on Manta's dex as well as Manta's current TVL.
In conclusion, for me personally, I will not invest too much in this coin because it has many risks and the level of attractiveness of new technology is not too much.
Hope you are still healthy. So the first shot of the Restaking trend has been fired. Crazy price increases are happening. Today, there was a time when investment $ETHFI was close to X2.
Can you guess who will be the next candidate after this token? Let me know the token you are interested in, I will summarize its potential.
In my opinion, it seems that Bitcoin is starting to enter a sideway state. Alt coin season is about to begin. Signals that both Binance and Etherum are preparing for a very busy alt coin season on Defi platforms. Why do I say so?
If you don't know, recently Binance is investing a lot in a new field called "Restaking" or "Liquid Restaking". Most projects in this field do not have their own tokens but are only in the capital raising stage and these projects all run on Etherum's main net, in particular there is a project named Renzo that runs multi-chain. but still only supports Stake/Restake ETH.
With the new trend called "Restaking", what can happen:
- ETH price will increase sharply because restaking requires ETH or staked ETH respectively (for example $stETH, $wETH, $wBETH, ...) - With restaking, ETH capital for new projects will be doubled. That means alt coins will have a lot of room to develop. - The nature of this trend will be similar to the previous Defi trend. The only difference is that you can stake the same asset multiple times. Instead of 1 property at a time like before. But right now the only supported asset is ETH. So ETH will be the token with the strongest price increase.
In this trend, I advise people to pay attention to the following projects: - Ether.fi ( $ETHFI ): Liquid staking on Etherum (stake ) - Renzo (null): Restaking multi-chain (stake ETH) - Babylonchain (null): project in the Cosmos ecosystem that helps $BTC have smart contracts that support staking $BTC with the PoS (proof of stake) mechanism. - Cosmos ( $ATOM ): Cosmos will play a big role in this game working with multi-chain when staking $BTC - Puffer Finance (null): Liquid staking - Kelp DAO (null): Liquid restaking - AltLayer ($ALT ): Rollup as Service project makes Layer2 much easier to deploy with restaking.
Priority order of tokens when you buy - the lower the order, the more you invest: 1. ETH 2. Tokens from staking projects 3. Tokens from trading pairs on the defi staking platform.
This is my opinion about the Token, but I will mention the technical aspects in the next post!