Following the strongest prediction of the entire network last year, I will make another prediction this year. Because the recent market panic is too serious, I have not analyzed the market for a long time. Today, I will talk about my judgment on the secondary market of altcoins. At present, the total market value of Bitcoin is in the vicinity of the monthly line ma120. It was mentioned a long time ago that the probability of a successful breakthrough is not high. It is also the position where the altcoin market bull market begins. Therefore, the current market value share of Bitcoin is extremely unfavorable for Bitcoin. Generally speaking, whoever's market value share decreases will be poor. Refer to the market value share trend of Ethereum in Figure 3 and the price performance of Ethereum in the past two years to get a glimpse of it. In addition, the monthly line is in a serious overbought and needs to be adjusted. Therefore, it is expected that Bitcoin will definitely be poor throughout this year, and the altcoin market will usher in the last wave of dividends for retail investors. There will be no more in the future, or it will be difficult, because from the Bitcoin market value share chart (Figure 2), we can see that after the end of this round of altcoin bull market, it will enter the end of the triangle structure, and the shock range will be greatly reduced, which means that there will be no particularly large profit space, and it also means the complete end of the bonus period of the currency circle. $BTC $ETH
Last year, the main long positions were established from April to September, with Bitcoin rising from 60,000 to 110,000 USD. This year, the main long positions were established from January to March, and the current positions have already matched last year's positions. I personally believe that once the next market starts to surge, the 110,000 USD level will not hold. Therefore, this bull market is a multi-segment complex structure that will diminish the bull-bear cycle, or in other words, the endpoint target of this bull market is much further than imagined, leading many to believe that the bull market has ended. In reality, it's just that the structure is too large; any significant adjustment can last a long time and result in a substantial drop. $BTC
Liang Xi does not need position management; he has unlimited borrowing bullets. Hitting a big market once can turn things around, but ordinary people do not have unlimited bullets to borrow because they have to consider their wives, children, and family at home.
It has been falling for a while, in a state of extreme panic in the market, Bitcoin is at a limit near 71000, Solana is at a limit near 98, the abandoned version Ethereum follows the market, when others are in position, he is in position. $BTC $SOL $ETH
The future market trend still depends on Sol. Ethereum is currently unclear on its purpose; apart from staking, who knows what else it can be used for?
#siren took third place in the weekly rankings, the positive news and development speed are still good, looking forward to more performance, don't just release good news without driving the market, let's see next week.
The first vote of JUP this year has been opened. There is one thing I need to say. JUP issues rewards every quarter. The current reward is about 10 points of coin-based profit every three months. It is almost March, which means that if you vote now, you can get the staking rewards for the entire quarter from January to March by the end of March, so this is an extremely good time to stake. $JUP
The market situation hasn't been very good these days; recently I bought a #siren, which has performed relatively well. It looks like it can still rise, so I'll hold on for a few more days.
I've been feeling uncomfortable after a cold all day. Today I'll continue to support #SIREN. After the adjustments, it will strive to reach a market value of 100 million.