The local dogecoin is fully exploding! Is the next coin to explode it? Will ETH continue to rise? Let's take a look.
1. The dog owner is desperately pushing the leading Pepe, thus the altcoin season has started without warning, and many other local dog altcoins are also about to start catching up. I think Pengu has a lot of room to catch up; it's only 0.012 now, and it’s expected to go to 0.013 first and then around 0.015.
2. The $PENGU is incredibly powerful as Shuqin has said, during the altcoin season it generally performs well, but of course, it’s best to wait for a pullback before entering. However, the altcoin market comes quickly and goes quickly, and the risk is relatively high, so it's best to do it with a small position; it's fine if you don't do it, just stick to more stable operations below.
3. Then our long-awaited ETH is finally approaching 3170; Shuqin has been calling this target for several days, everyone has seen it, and many have even added more. Now ETH is indeed correcting quite a bit here at 3168, congratulations to everyone. However, Shuqin still wants to say that ETH probably hasn't finished its run; it’s highly likely that it will go back up to 3180-3200, and once it gets there, you can wait for another pullback. $ETH
4. From a big picture perspective, as shown in the chart, the crypto market is currently in a downward continuation pattern, similar to the bear market of 2022, consolidating upwards. When Bitcoin was at 88,000, Shuqin had already marked it; BTC may reach the previous high of 94,000, and ETH may reach around 3,400. It’s best to have a false breakout and then stop the rising momentum abruptly in late January when there’s no interest rate cut, turning downwards. $PEPE
5. Therefore, our plan remains to look for a good high point around mid-January to layout a low-leverage short position in preparation for the interest rate meeting at the end of January. The current rebound is just the last hurrah; by the time of the meeting, dust will return to dust, and things that have risen will fall back to where they came from. For the aggressive, you can also do a few short-term longs in the meantime, but in the big direction, you need to have a sense of it and stay steady like a fishing platform.
$INJ Has the spring of the counterfeit really come? The answer is yes High-quality counterfeits need this wave of market, as for most counterfeits, it's just that much; whether you can make money depends on the market's mood, there was a good expectation in the first half of this year. My Inj position hasn't been fully built yet, and it's already starting to rise, well, I don't mind you directly pulling it up.
$BTC A true trading expert, with both long and short positions, clear thinking, knowing when to go long and when to short, taking necessary profit and loss stops, grasping major market trends with controllable risk. Perhaps this is the ultimate goal for which I strive throughout my life.
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