Today is the 553rd day since I started posting updates, and I haven't missed a single day. Each post is not done half-heartedly, but is prepared with care. [微笑] If you think I am a serious person, you can follow me, and I hope the content I share every day can help you. The world is large, and I am small, so please follow me to avoid getting lost. [微笑]
The current "altcoin residual value ratio" has fallen to an all-time low. Stablecoins are taking up space, while BTC and ETH have siphoned off almost all liquidity, sealing off the top 30 pools, leaving the remaining altcoins scraping the bottom for residual value. However, there is a law in the crypto world that has never changed. The spring is not still; it is being compressed. The longer it is compressed and the harder it is pressed, the more outrageous the release will be. Every cycle is like this: extreme concentration, extreme quietness, extreme pessimism, and then suddenly a comprehensive rebound. When you start to feel that "altcoins are meaningless," it is often when they begin to have meaning. The market never rewards emotions; it only liquidates positions. When everyone has given up and the residual value has been pressed to an all-time low, a reversal only needs one excuse.
The cryptocurrency market is a highly volatile environment with fluctuations ranging from 0 to 100, sometimes even by dozens or hundreds of times. No one can buy at 1 and sell at 100. What we need to do is buy at 0-5 and sell at 70-100. The essence of trading is simplicity, not betting on lower prices at the bottom or speculating on the main upward wave, which ultimately leads to losing everything. Focus your time on macro trends, be patient, and research quality cryptocurrencies in the market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Today is the 553rd day since I started posting updates, and I haven't missed a single day. Each post is not done half-heartedly, but is prepared with care. [微笑] If you think I am a serious person, you can follow me, and I hope the content I share every day can help you. The world is large, and I am small, so please follow me to avoid getting lost. [微笑]
The current "altcoin residual value ratio" has fallen to an all-time low. Stablecoins are taking up space, while BTC and ETH have siphoned off almost all liquidity, sealing off the top 30 pools, leaving the remaining altcoins scraping the bottom for residual value. However, there is a law in the crypto world that has never changed. The spring is not still; it is being compressed. The longer it is compressed and the harder it is pressed, the more outrageous the release will be. Every cycle is like this: extreme concentration, extreme quietness, extreme pessimism, and then suddenly a comprehensive rebound. When you start to feel that "altcoins are meaningless," it is often when they begin to have meaning. The market never rewards emotions; it only liquidates positions. When everyone has given up and the residual value has been pressed to an all-time low, a reversal only needs one excuse.
The cryptocurrency market is a highly volatile environment with fluctuations ranging from 0 to 100, sometimes even by dozens or hundreds of times. No one can buy at 1 and sell at 100. What we need to do is buy at 0-5 and sell at 70-100. The essence of trading is simplicity, not betting on lower prices at the bottom or speculating on the main upward wave, which ultimately leads to losing everything. Focus your time on macro trends, be patient, and research quality cryptocurrencies in the market.