The big news is here! The appointment of He Yisheng as co-CEO of Binance has indeed ignited the market!
Several cryptocurrencies are being wildly speculated, but I think we should pour some cold water on this and not get dizzy just from looking at the bullish trends! For example, SAPIEN has seen an increase in trading volume, funds are moving, but chasing high now may easily trap you at the peak; VOXEL is about to be delisted, if you still have it in hand, hurry up and deal with it, don’t wait until you can't escape;
There are a lot of short positions pressing on BOB, short-term fluctuations will be fierce, it's best for ordinary people not to touch it, lest they get hit from both sides; PIPPIN has risen tenfold in a few days, this is clearly speculation, on-chain data shows that big holders may be offloading, now entering carries more risk than opportunity;
Coins like customer service Xiao He and Xiu Xian that purely ride the hype have no actual support, after the excitement, they are likely to cool down, so don’t take them seriously; GAIX is trying to pump up the price with activities, but the project is not transparent, heavy positions are easy to fall into pitfalls;
Then there are meme coins like the vulgar penguin, with poor liquidity and easily manipulable prices, just take a look. In short, the heat brought by He Yi is a short-term effect, and many coins are just taking advantage of the topic.
If you really want to participate, use a very small amount to test the waters, think in advance about how much you can afford to lose, and set strict stop-losses; the safety of the principal always comes first! The market is not lacking in opportunities, what’s lacking is patience; the rhythm must be right to live longer.
Recently, Lao Chen is planning to ambush a potential coin in the Alpha sector that is highly likely to explode strongly, with an expected space of 7-10 times not being a problem. Friends who want to catch this big opportunity can directly share in the chat room below.
