The meal is over, and I'm just chatting. This year, there have been some significant changes compared to the previous rounds. First, BTC is being recognized and held by multiple countries, various institutions and companies are increasing their holdings, and Hong Kong banks are being regulated. Consensus determines value, without consensus, it's just a sham. This thing is just an anchor, just like gold and currency, they don't recognize anything, and money is just a piece of paper. The fluctuation of BTC will probably be smaller in each round compared to before, until it becomes more stable. Based on the enthusiasm and market cap growth of the previous rounds, it is likely to reach 150,000-200,000. However, the cost-effectiveness of entering at the current spot price is not high.


Next up is altcoin. If the trading volume is too small, don't try to get in. Most of the time, it's a quick rise and fall, and you might not catch it. For the major chains with large market capitalization such as ADA, XLM, and XRP, after the recent big pump, without a decent pullback, the rise potential in the later period is limited. I bought into ALGO early at 0.1 and sold at 0.24. I wanted to make a quick profit by doing a short-term trade, but it ended up skyrocketing. Otherwise, I could have had an 8-fold return. However, it is highly likely to pullback to 0.23-0.25, where I can get on board. There should be no major problems from January to June next year, but after that, it will depend on fate. Then there's GALA, which can be entered at 0.033-0.035 to build a position. If you don't mind losing 5%-10%, you can enter at the current price. This pump is probably not over yet. I sold ALGO and entered at the 10-day line support level of 0.028. It is estimated that it will reach above 0.4-0.6 next year. If it breaks the previous high, it will depend on fate. Then there's the inscription zone, which hasn't pumped recently. There will probably be a pump soon. I've been holding RATS for over a week since I bought in at 979. To be honest, it's been quite volatile, but it can also take off very quickly. It will happen sooner or later, so just hold on. I have a 20%-30% position. There are many other coins out there, and I'll recommend them slowly later. As long as it's not garbage, everything will pump in a bull run. Just hold onto what you have if it hasn't pumped yet. If you're not sure, you can leave a message, and I'll reply with what I know.
Finally, the recent market data is a bit strange, altcoins are not following the overall market trend. This is actually a good thing, as many normal coins have had high trading volume in the past few weeks. It is advisable to hold on with patience. If you are afraid of the impact of Christmas, you can leave 30% as a precaution. It feels different this time, as there are too many short positions and there is a fear of missing out.
BTC-1.3%
W-3.1%
ADA-1.57%
XLM-2.14%
View Original
post-image
post-image
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.
  • Reward
  • 3
  • Share
Comment
0/400
BakingSodavip
· 2024-11-26 06:22
Will RATS break the previous high?
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)