January 20, 2024 Grandpa checking in


Today, someone next door held a Web3 conference, and the number of people was much higher than expected, much more lively compared to last year's meetings, which shows that the current market is still relatively active. Including the recent communication with some former members, it has been found that some people have taken a break for 1-2 years and are now coming back to this market, which suggests that investor sentiment is rekindled due to the arrival of the bull market. On the general side, we're past the darkest hour of this bull and bear cycle, so you don't really have to worry too much.
Of course, I don't advise everyone to stop and go in this market, if you really can't play well, then go out decisively, don't run a Bear Market Bull Market, and because of the bullish back, a good long-term rhythm is very important, one must stay in this market for a long time to get into a good rhythm. If you can't stand the Long Bear Market, you won't be able to enjoy the fruits of the Bull Market, sometimes you'll lose money to make better money, and sometimes you'll make less money to lower the risks and avoid losing money. However, if I want to say this, it is recommended that everyone stick to this circle and consider crypto investing as one of the side hustles.
In terms of the market, the current Big Pie is holding 41000-41500, but the trend is weak and it feels that the support will be broken at any moment, but I am still more optimistic about the short-term market, Big Pie below the retracement range from 48000 is enough, if the disc gives people the feeling of falling below the support, then the Market Maker is likely to be a smoke bomb. Although there was also a pullback in the Ether market, the Exchange Rate broke out of the bottom range according to the Big Pie, also this wave of pullbacks was the Market Maker before it retreated, so if you want to intervene in Ether, you can use this as an important consideration.
The inscription market is relatively cold at the moment, especially compared to some time ago, although there are not many high-quality targets in this sector and I don't have any significant configurations, but from an objective point of view, the recall of Ordi and Sats is not great, and the heat will not be wasted, I conclude that the inscription Market Maker has not withdrawn and the start of this market wave will probably be driven by the ecology of Btc. Of course, since the inscription does not have a particularly high-quality goal, I hope that the L2 side will be able to carry out a brilliant project as soon as possible.
Thanks for following and liking.
SIS-0.35%
ORDI-13.6%
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Acemi_kriptovip
· 2024-01-20 11:41
Thanks for the information New Year, New Gains! 🤑
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