#BTC is showing a super V-reversal. Can it break $74,000 this time?#
As the U.S. stock market rebounds, interest rate cuts loom, and Japan’s rate hike may be delayed, BTC has experienced a super V-reversal, and crypto assets are seeing a widespread increase.
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TingHu♪
Personal record review and future plans: At the beginning of this decline, the price was still relatively high. At that time, Mr. Yi's liquidation price was around 1800. Initially, the view was that the probability of Mr. Yi being liquidated was very low; he would add margin and could also stop loss. Therefore, the plan was to take advantage of his broken resolve and market panic selling to profit from the price drop. Later, things did indeed unfold according to the script. He added margin and continuously reduced his position through stop-loss orders, leading to a panic sell-off… Unfortunately, I mainly held spot positions and didn't short, so I missed out on this huge profit. Also, I had originally planned to buy Bitcoin at 60,000, and Yi also lowered the liquidation price, but because the drop was too rapid (exceeding expectations), there were very clear signs that it was heading towards liquidating Yi. Once liquidated, the entire market would be dragged down. So, I thought I'd just wait for the liquidation and make a big profit, because this kind of continuous decline followed by liquidation has a high probability of a V-shaped reversal, with substantial gains! But in the end, he stopped just before he could slit Yi's throat; the knife stopped right there, and the "man in black" walked away smiling. Unfortunately, the rapid rebound after the sell-off wasn't the time to monitor the market (without the expectation of a major liquidation, one tends to place orders on the left side; this habit of chasing the sell-off on the right side is more prudent in a bear market), and I regretfully missed the lowest point for short-term buy the dips. By the time it recovered, it had already rebounded by more than ten points, right in a consolidation range. The plan remains the same: to trade within this range for a period of time, and then, once many people have relaxed or there is a certain probability of a bull market pullback (when people don't believe in the bear market), to leave again and wait for the bottom or the next opportunity to make some money. twitter.com/TingHu888/status/2...
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2.34%
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Suji Yan - Mask is BUIDLing
Even if we were to deny Marx's historical materialism and consider the notion that productive forces necessarily determine relations of production to be nonsense, we should not forget, in the discussion of the relationship between AI and Crypto, the anti-Marxist master Karl Popper's observation: "Historical determinists have recently pointed out that such influences may be related to the social sciences, potentially increasing the difficulty of making accurate predictions and thus compromising their objectivity. They say that if the social sciences were so developed that they could make accurate scientific predictions of any social fact and event; however, such an assumption would lead to absurd conclusions, and therefore such an assumption could be refuted by pure logical reasoning. Because, if such a newly formulated..." A scientific social calendar, and one that is known to all (since it can be rediscovered by anyone in principle, it cannot remain secret for long), will inevitably induce actions that disrupt predictions. For example, suppose people predict that the stock market will rise for three days and then fall. Obviously, everyone connected to the market will sell stocks on the third day, causing the stock market to fall that day, thus disproving the prediction. In short, the idea of a precise and detailed social event calendar is self-contradictory: therefore, precise and detailed scientific social prediction is impossible. Isn't Crypto the field that best embodies the 'Oedipus effect' proposed by Popper himself, where AI and humans coexist? Naturally, in such a society, the consensus on Bitcoin versus gold is self-evident.
Suji Yan
@suji_yan
是这样的： 生产力先进步，生产关系（Produktionsverhältnisse）才有打破重组的必要性。 x.com/0xJamesXXX/sta…
BTC
2.34%
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gm365
👹 The Last Cry of Ethereum Bulls Yi Lihua, one of the most steadfast Ethereum bulls in the market, has surrendered. A collective sigh of disappointment ripples through the market, like a martial arts master about to take the helm announcing his retirement. Then, just now, another long article appeared, attempting to rekindle the confidence of Ethereum bulls. A quick glance reveals that the author, whose Twitter bio jokingly refers to himself as a "poor Ethereum holder" (or perhaps more accurately, a pitiful Ethereum holder?), has given his assessment and ETH target price: ⚡️ Assessment: ETH is about to enter its "gold/silver" surge phase. 📈 Target Price: (If I'm not mistaken) $15,000 The author's basis for this assessment: Gold and silver also experienced similar periods of sideways consolidation before experiencing epic, violent rallies. ETH's current situation is strikingly similar. This moment is exactly like that moment before. ETH's price has been consolidating between $2000 and $4000 for five years. Once ETH breaks through the $4000 price range, it's expected to mirror the trajectory of gold and silver. To use a phrase familiar to Chinese stock market investors: "The wider the consolidation, the longer the subsequent rise." Regarding this "judgment," I urge all ETH holders to remain calm. ETH, this "money-devouring beast," this "crypto killer that kills silently," always preys on those who refuse to give up. The more resilient they are, the more ruthless the cuts will be. If you intend to hold a crypto asset long-term, then: 🪙 Holding Bitcoin will give you true peace of mind. Even with significant price fluctuations, deep down you believe the future is bright. In a world where fiat currencies are constantly depreciating, Bitcoin, as the ultimate store of value, is ultimately unavoidable. 🔹 Holding ETH means forever oscillating between hope and despair, lamenting its misfortune and angering its lack of resilience. The process of holding the coin becomes an endless torment. Naval says the three most important decisions a person makes in their life are: 1. Which city to live in 2. Who to be with 3. What job to do. In the crypto world, one of the most important decisions (affecting your mental state and quality of life) is: Which asset to hold long-term. Make wise decisions. twitter.com/gm365/status/20203...
ETH
4.03%
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