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There was a washout before Bitcoin’s bullish trend

时间:2023-12-25|浏览:205

欧易

欧易(OKX)

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币安

币安(Binance)

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Before Bitcoin starts a violent bull market, it usually undergoes a deep washout.

If you want to issue BRC20 inscription tokens, ORDI and SATS will be listed on BN. Ordi is easy to talk to. If you mention SATS to BN, if you see something is wrong, you will run away and sell it.

It is very slow to move on the chain. Other coins BRC20 tokens seem to have increased several times. Taking advantage of the FOMO now, it is recommended to take advantage of it. Otherwise, when the market falls later, the chain will be stuck for a long time, and no one will take over at half the price, and it will be stuck without being able to withdraw it.

Even if some tokens are listed on the second-tier GATE, the chain is still stuck. When it comes to gate, the liquidity is very poor and the depth is very low. The price of 10,000 U is enough for you to sell it, and the price will be reduced by a few 10%. The inscription looks at the sudden wealth, and it is safe not to leave it in the pocket. It is all paper wealth. If you cut leeks, you can cut them off in one day.

Holding currency requires a good attitude. Most retail investors are unable to hold on to gains and will hold on to losses. They all overestimate their ability to hold currency and underestimate their ability to select currencies. After the transaction is completed, they forget about the transaction itself. , regardless of the subsequent rise or fall, a decision has been made.

Upgrading in Cancun is also a good opportunity for deployment. There are many good green varieties. I have talked about many of them in the previous article. Today I will specifically lay out a few green varieties for long-term layout!

Get the Cancun upgrade! Don’t follow those who are short-term traders!

THEREWASAWASHOUTBEFOREBITCOINSBULLISHTRENDTHESECRYPTOCURRENCIESHAVE100FOLDPOTENTIALINTHEBULLMARKET

The current price of perp is around 0.69444

Perp is an unpopular green species in the L2 sector, and its trend is also very strong. It is planning to benefit from the positive effects of Cancun's upgrade!

Spot long-term layout, get Cancun upgrade! Do not follow in the short term!

The current price is light, or you can wait for the correction to around 0.64-0.60, and you can see around 0.94-1.166 above.

THEREWASAWASHOUTBEFOREBITCOINSBULLISHTRENDTHESECRYPTOCURRENCIESHAVE100FOLDPOTENTIALINTHEBULLMARKET

IMX current price is around 1.928

IMX - Komodo launches a program to automatically burn 25% of KMD trading fees on its DEX starting December 13.

The popular green species in the L2 sector has been doing very well recently, and it is also supported by good news. It is planning to benefit from the positive effects of the Cancun upgrade!

Spot long-term layout, get Cancun upgrade! Do not follow in the short term!

The current price is light, or you can wait for the correction to around 1.8-1.7 to enter, and you can see around 2.55-3.15 above.

THEREWASAWASHOUTBEFOREBITCOINSBULLISHTRENDTHESECRYPTOCURRENCIESHAVE100FOLDPOTENTIALINTHEBULLMARKET

VELO current price is around 0.00306752

VELO is an unpopular green species in the L2 sector. It is the DEX of the L2 sector, and it plans to benefit from the positive effects of the Cancun upgrade!

Spot long-term layout, get Cancun upgrade! Do not follow in the short term!

The current price is light, or you can wait for the correction to around 0.00308-0.00302 to enter, and you can see around 0.0038-0.0045 above.

THEREWASAWASHOUTBEFOREBITCOINSBULLISHTRENDTHESECRYPTOCURRENCIESHAVE100FOLDPOTENTIALINTHEBULLMARKET

The current long-short ratio of the market is relatively high, so the risk of a short-term plunge is not high. Therefore, during the process of stepping back, remember to buy the currency you are optimistic about at the bottom and arrange your own swing positions! At present, we must not chase the coins that have rebounded rapidly. Of course, we should pay attention to positioning swing positions on dips and take advantage of them in time.

For the medium and long-term spot market, you don’t need to pay attention to short-term fluctuations. If you have a swing position and haven’t entered the market yet, you can get involved in your favorite projects at low prices today. If you take it for a day or two, you will definitely get the profits you want!

An altcoin that may explode with 100 times potential in the bull market!

DYDX

The dYdX Foundation has delegated 2.3 million DYDX (88.4% of its staking capacity) to 10 validators. This move demonstrates the importance of validators in the dYdX ecosystem and the Foundation’s commitment to protecting the security of the dYdX Chain network. They follow clear principles for this delegation based on validator and staker best practices.

THEREWASAWASHOUTBEFOREBITCOINSBULLISHTRENDTHESECRYPTOCURRENCIESHAVE100FOLDPOTENTIALINTHEBULLMARKET

Currently, the sentiment regarding the dYdX price prediction is Neutral, with a Fear & Greed Index of 67 (Greed). Currently, there are 183.77 million DYDX tokens in circulation, with a maximum supply of 1 billion. dYdX has gained 78% in price over the past year, outperforming 60% of the top 100 crypto assets. It's also trading well, staying above the 200-day simple moving average. Furthermore, DYDX’s market capitalization indicates that there is a lot of liquidity within the market.

Experts were quick to view dYdX as a potentially outstanding cryptocurrency. They predict that DYDX could hit a high of around $5.13 when the cryptocurrency market rebounds. The average price of DYDX is expected to be around $4.53 by 2023. But if the cryptocurrency market experiences a significant decline, it could fall to a low of $3.92 by 2023.

SMEs

Immutable introduces Immutable zkEVM, a new platform developed in partnership with Polygon Labs. This technology aims to transform the gaming industry by solving the problem of gas costs and making them disappear for players.

THEREWASAWASHOUTBEFOREBITCOINSBULLISHTRENDTHESECRYPTOCURRENCIESHAVE100FOLDPOTENTIALINTHEBULLMARKET

This move could make it significantly cheaper for people to try new games. Game makers can pay users for gas through immutable passes, making it easier for them to start playing games. Immutable also plans to pay gas fees for all games in its ecosystem from the start. Estimates put the cost to a game studio at about $500 to $1,000 per 100,000 players.

Immutable hosts over 200 games on its platform, not just zkEVM. Moreover, Immutable is performing well, with its price increasing by 370% annually. This means the coin is outperforming most other top 100 crypto assets. The token has also been trading above its original sale price and has good liquidity based on its market cap.

热点:Bitcoin

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