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As long as the market fluctuates, there will be opportunities. How should we operate now?

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This month is coming to an end. Looking at the monthly line, some indicators have doubled, such as IMX, ETHW, SEI, BLUR, etc., and some have even doubled, such as USTC, ORDI, etc. It is even more unbelievable to have an increase of more than 50 points. There are few, such as SSV, ROSE, etc. If you have not caught any of the above at present, then don’t chase the increase. Market funds are limited, and the current environment is not suitable for a general increase, but a rotational increase. Therefore, Instead of chasing those projects that have risen a lot, it is better to lurk in some valuable varieties that have not risen much in the current monthly line!

Obviously, it is not yet a big bull market, and it is certainly not a big bear market. After all, there is still a money-making effect, and the fluctuations are much greater than in a deep bear market. As long as there are fluctuations in the market, there are opportunities to make money, no matter you are long. Whether you are short or short, you all have the opportunity to make the profits you want. As a spot player, many varieties are actually following an overall upward trend, because the highest increase at the monthly level is basically more than 20 percentage points. , but some are currently back-tested, and it is only a matter of time before it breaks out! Therefore, for the current mid- and long-term positions, don’t care about short-term fluctuations. You can take out part of the position and play with the swings. This can not only satisfy your desire to trade, but also obtain some profits in the swings. Invisibly, in fact, This reduces the holding cost of your medium and long-term positions!

Pay attention to market hot spots:

1. The bankrupt series of ustc, luna, and lunc plummeted. Terra Labs stated that it would not participate in Mint Cash, and the U-pair transaction volume of ustc once exceeded eth.

2. The DeFi auction is rising, and the pledge auction is participating in the new bounce finance. A Bitcoin-based one is considered stable.

3. The public chain ong has soared, Koreans are speculating, and bn has opened a new contract.

4. Meme’s grok and myro have surged. Grok’s market value reaches a new high of US$200 million, and Musk’s traffic is still top-notch.

5. Sol’s jito airdrop. Jito is a liquid staking protocol on sol. There will be more than 10 airdrops on the sol chain in the future. Python, the sol project that was airdropped previously, once saw a sharp rise.

Mainstream currency analysis:

ETH: Ethereum is still in range oscillation, and the overall short-term trend is weak. The daily trend has strengthened slightly today, but the weekly trend has not changed much. It is still in an upward trend, and the linkage trend is mainly BTC.

BNB: BNB is linked to the market, and the daily trend has strengthened.

XRP: Ripple is currently linked to the market, and the trend is relatively weak. It has fallen to the bottom in the short term, and there is not much room to explore.

SOL: SOL has strong linkage, and the market trend has strengthened.

DOGE: The current linked market of Dogecoin continues to fluctuate. The current price is at the bottom, just keep holding on, and the medium and long term will continue to rise.

DOT: Polkadot currently continues to be mainly linked, and the intraday trend has strengthened. Don’t worry about the small short-term retracement, because the current price is still at the bottom in the medium and long term, just hold on.

BSV: It has reached the bottom now, and there is not much room to go down. Just hold on tight.

AR: In the short term, AR is still at a high level. It has also been volatile for a few days, and I feel that the current price is about the same in the short term.

UNI: The daily strength of UNI is still good, and the weekly line continues to be in an upward trend. If the market stabilizes, it will continue to be bullish and link up with the market.

OP: OP is linked to the market, the trend has strengthened, and prices have begun to pick up.

Existing copycat categories

1. The land of the Red Sea. It appears earliest, has the oldest topic, has the most limited expansion, and has no escape. Most of these are mining coins. It is expected that it will be difficult for the next bull market to surpass the highest point. This category includes FIL, FLOW, BSV, LTC, ICP, etc.

2. Mediocre. It appeared earlier and was mainly born in the last bull market, that is, 2020-2021. Occupy a certain market. The project has not been completely given up, and we are still working hard to tell the story, but it is definitely low-frequency and limited. This kind of trend is mostly in line with the market. These include DOT, XRP, NEAR, ATOM, MATIC, CRV, etc.

3. Advanced representatives. Appearing after 2021, it represents advanced productivity and future development direction. And the market value is relatively high, ranking high. This category will still shine in the bull market. These include OP, ARB, SUI, APT, IMX, AR, etc.

4. Rising star. It's just a matter of the past two years. The stories told by the project are either useful or touching, and are relatively practical and highly feasible. There is plenty of room for development. Of course, it cannot be ruled out that some may die young. In this category, there are ORDI, KAS, ARKM, SATS, TIA, RDNT, etc.

What should be done now?

Just choose some projects whose monthly line is still not rising or even falling. For example, the monthly line of RDNT is still falling. For this kind of project, there will definitely be a supplementary increase, so you need to be patient! Secondly, there are high-quality copycat projects whose growth rate is far less than the market’s basic expectations, with an increase of less than 10 points. You can go and stock up on some of the projects you care about that you think are valuable. As long as the monthly line has not risen in place, , are all targets that can be ambushed! I believe that even if we don’t get what you want this month, we will make up for the increase in December!

Finally, there are still many things that have not been written in, such as specific opportunities and specific decisions. These things often cannot be summarized in one article.

If you want to know more about wealth passwords or have questions, follow the official account: CryptoConan

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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