We are currently in the mid-to-late bull market. A pullback is expected, followed by a period of sharp surge, and then a bear market will set in. This cycle is likely to end before March 2026.
I am just a small retail investor, with around a few hundred thousand, I can play if I can, don't pull out,
Crypto王小雨
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Bearish
$BTC The mainland's crackdown on stablecoins is coming, and HSBC is about to receive this wave of traffic. HSBC Hong Kong account's latest process for opening accounts in the mainland.
1. Preliminary Preparation Download the “HSBC HK” App, and prepare a Hong Kong and Macau travel permit with at least 3 months of validity, as well as a smartphone with NFC functionality. 2. Online Application Steps - Open the App and fill in basic information; - Take a photo of the travel permit + facial recognition (the phone's NFC needs to be turned on, and the document should be placed on the back of the phone for recognition); - Fill in background information such as place of birth and income, then submit and wait for approval. 3. Activation in Hong Kong Travel to Hong Kong within 90 days, connect to Hong Kong WiFi, download entry and exit records from the “Immigration Bureau 12367” mini program, then open the App and go through the “Activate Account by Number” entry to upload the records and complete the activation.
Have you noticed that you don’t need to go to the counter anymore? There have been significant optimizations compared to before.
Don't compare to Bitcoin, most retail investors won't heavily invest anymore, including Bitcoin. There's a price difference when depositing and withdrawing, and there's also the risk of card blocking. It's better to invest in US stocks instead.
BIT居士
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My post might offend many people, especially those holding altcoins. The days ahead might be tougher, particularly in the next bull market, where the situation could be worse than imagined. Of course, this doesn't mean that all altcoins are bad; some with real applications are still quite good. What can be observed in this round of the bull market is that there is no widespread altcoin season, and there won't be one in the future. After this round, everyone will have a deep understanding that altcoins cannot change the landscape; the ultimate fate is to go to zero. More and more people will use the money earned from altcoins to dollar-cost average into Bitcoin. Everyone has also recognized that Bitcoin is the ultimate destination. Although it won't skyrocket by a hundred or a thousand times, being able to earn ten times in the future is already very ideal. Let me ask everyone, how many people's returns in this bull market have exceeded ten times? Everyone is gradually realizing that almost all project teams will eventually sell their own coins for others to pick up and exchange for real assets like Bitcoin.
In the upcoming bear market, there is increasing consensus that buying Bitcoin in a bear market is relatively certain, and large funds prefer certain investments. People's thoughts are gradually converging: Bitcoin will at least move from the bear market to the bull market and continuously hit new highs, while altcoins might plummet and never recover. In the previous bull and bear cycles, everyone was still in the mindset that altcoins could rise quickly, potentially a thousand times, but how many people could actually find and grasp such projects? Future cycles will be more centered around Bitcoin.
The Bitcoin bear market will not drop 70-80% as it did before; the volatility will be lower because institutions, sovereign wealth funds, Wall Street, listed companies, and future individuals have all become aware of the problems mentioned above. The proportion of personal investment in Bitcoin will significantly increase.
Before this round of the bull market, the allocation ratio for ordinary people was: 80% in altcoins, as they believed Bitcoin had already increased too much and was too expensive, with little room for further rise. My view is quite the opposite; Bitcoin has the most upside potential because the target has already been set, and it only needs time to validate. No project can achieve consensus like Bitcoin. The future landscape will be: 80% of funds in Bitcoin, and only 20% of funds will be allocated to leading projects with real application strength, such as BNB, Hype, Link, Aave, and other leading utility coins.
The bull market is the most intense. For more than four years, the main forces have been washing and exhausting, grinding people's hearts to a point of disbelief, fear, and inability to act. Just when everyone becomes numb, the main upward wave suddenly rises, giving no opportunity to board.
Its characteristics are three points: steep trend, shallow pullback, and increasing disbelief as it rises. The main force strikes when people are most hesitant, and lifts when people are most fearful, allowing doubters to remain doubtful and those who exit to never catch up.
The later the bull market, the crazier it gets; the closer it gets to the end, the more linear it becomes.
Prince, does it mean that the process in 26 years is the same as in 21 years?
币圈大太子
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The Federal Reserve has ended QT, and previously, Fed officials sent strong signals that the expansion of the balance sheet is not far off. Some institutions predict that the Federal Reserve may announce the active management of reserve purchases (RMP) at the interest rate meeting as early as next week, with monthly purchases of short-term U.S. Treasuries of about $20 billion. The key point is that the Federal Reserve has already taken this action; the funding injected by the Fed in early December is the largest scale of liquidity injection since the pandemic in 2020, and once it starts, it will not stop. It's just like lowering or raising interest rates.
Since October 11, the market has been like being pressed down and rubbed into the ground; for twenty-nine days in a month, there has been fear and extreme fear, a span that is rare in history. Many people think fear is a bad thing, but looking at it from the other side, what does long-term fear mean? It means the main force is grinding retail investors' emotions to the thinnest point, to the point where they doubt their lives, to the point where they don't even dare to believe in a rebound. Fear is not the end; it is the accelerated redistribution of chips. This time, the plunge is obviously more panic-inducing than the previous two Bitcoin corrections of 30%, with a longer washout period, more extended fear, and an even stronger explosion to come.
First, the Federal Reserve suddenly injected 13.5 billion dollars, the largest monetary easing since the pandemic in 2020, then Musk made a statement, followed by CZ, He Yi. The macroeconomic indicators are aiming for new highs, while retail investors are still engaged in short-term speculation.
Now that the market has crashed, no one is buying. 1 is that there is no money left, 2 is that it has been a scam, and there is no interest in playing anymore, just cutting losses.
开单笔记
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Does it look like it has dropped a lot today? But the price of U has not increased at all, instead it follows the exchange rate. This indicates that this is not the bottom, 80,000 cannot be the bottom... Only when the price of U surges can it be considered a short-term bottom.
The altcoin is benchmarked against Ethereum 1500, with Bitcoin at 45000 during the market. The aftermath of a big drop and consolidation often makes it easy to overlook these.
Tomorrow stops the balance sheet reduction, early in the month Ethereum upgrade, mid-month interest rate cuts, over 100 altcoins' ETFs waiting to be listed. Q1 will follow the prince in retreating from the circle 🚀
Previously, many brothers in the live broadcast room asked the prince how to use hot wallets and cold wallets safely? The prince has always said one thing: a cold wallet is not a god; if you don't understand the details, you can still be wiped out.
The most common pitfall with hot wallets is not being hacked; it's actually your phone being cluttered with random software, clicking on all sorts of chaotic links, leaving cloud backups on, and automatically syncing your mnemonic phrases. This is the biggest trap. There are also some who like to take screenshots of their mnemonic phrases... once that screenshot syncs to the cloud, it’s as if it’s been publicly released, and no one can save you.
Cold wallets may seem stable, but if you buy one that has been "re-packaged," with someone else preparing the mnemonic phrases for you in advance, you don’t even need to set it up; the money belongs to someone else. The real big pit isn’t the hardware; it’s the moment you type your mnemonic phrase into your phone or computer—that’s when it’s no longer a cold wallet. Many people also don’t look at the device screen, only the computer screen address, and if the computer has a Trojan that changes the address, they still think they are safe.
These problems are not technical; they are habits. If it can be offline, don’t go online; if it can be visually confirmed, don’t be lazy.
Anyway, in the cryptocurrency world, the main players look at the chips, while hackers look at the habits. If you have good habits, they won’t even have the opportunity to strike.
Isn't it even harder to deposit and withdraw, and there is no so-called imitation season, who would take such a big risk to play?
K线人生飞哥
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Everyone can stock up on some USDT, as the C2C trading on exchanges may be shut down in the future.
I looked at the main documents regarding the crackdown on virtual currencies yesterday, and for the first time, the domestic authorities have classified stablecoins. "Stablecoins are a form of virtual currency that currently cannot effectively meet customer identity verification, anti-money laundering, and other requirements, and there is a risk of being used for illegal activities such as money laundering, fundraising fraud, and illegal cross-border fund transfers."
Currently, domestic mining sites have been officially shut down, and exchange projects do not have physical operations in mainland China. Therefore, if regulatory bodies really decide to further crack down, it would be to shut down C2C trading. Back in 2018, Binance did not have C2C trading due to concerns over regulation, and in 2021, Binance briefly shut down C2C trading. So if regulation escalates again this time, it is estimated that it will target the C2C deposit and withdrawal channels.
Isn't it even harder to deposit and withdraw? Is there such a thing as a counterfeit season? Who would still take such a big risk to play?
K线人生飞哥
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Everyone can stock up on some USDT, as the C2C trading on exchanges may be shut down in the future.
I looked at the main documents regarding the crackdown on virtual currencies yesterday, and for the first time, the domestic authorities have classified stablecoins. "Stablecoins are a form of virtual currency that currently cannot effectively meet customer identity verification, anti-money laundering, and other requirements, and there is a risk of being used for illegal activities such as money laundering, fundraising fraud, and illegal cross-border fund transfers."
Currently, domestic mining sites have been officially shut down, and exchange projects do not have physical operations in mainland China. Therefore, if regulatory bodies really decide to further crack down, it would be to shut down C2C trading. Back in 2018, Binance did not have C2C trading due to concerns over regulation, and in 2021, Binance briefly shut down C2C trading. So if regulation escalates again this time, it is estimated that it will target the C2C deposit and withdrawal channels.
Tomorrow stops the balance sheet reduction, early in the month Ethereum upgrade, mid-month interest rate cuts, over 100 altcoins' ETFs waiting to be listed. Q1 will follow the prince in retreating from the circle 🚀
Without 'faith', even holding long-term, the rise won't be yours! The prince explained it clearly today in three points!
1: Retail investors can hold for a long time, not because of faith, but because the rise isn't enough. What is the real pain point? Long-term sideways movement + slight downward trend + negative news + KOLs leading the narrative + starting to doubt life. When these four things overlap, retail investor sentiment will show a classic curve: the longer they hold, the more they dislike it, and the last little bit of decline just drives people away. This is why the wealth effect of altcoins that everyone criticizes is filled with resentment; it's not resentment, it's called love-hate. Volatility is vitality! It's also the biggest advantage in the crypto space.
Why do the main players like to wash the last batch before the final push? Because what do they fear the most? Retail investors fully following the trend. So before the main players enter, they must complete three things: 1. Wash out the early long-term retail investors (this group has the most stable chips and is the hardest to wash) 2. Clear all the long positions in contracts (if leverage isn't cleared, the market won't rise) 3. Suppress market sentiment to a position where 'no one dares to go all in'. When these three things are completed, the main upward wave will truly open. Is it coincidence? No, it's a process.
2: Why do retail investors who have held for a long time still sell before breaking the previous high on the daily chart? It's not that their confidence has strengthened after holding for a long time, but rather their expectations have been repeatedly hit, finally turning into 'I just want to break even'. When losing 20% turns to losing 3%, retail investors will think: 'Hey, I'm not losing anymore, I'll take it step by step.' And then they leave. The next day, a sudden bullish candlestick appears. This is dying just before dawn. Retail investors always sell before takeoff because 'emotional time' is much shorter than 'market time'.
Market rhythm: building positions, sideways movement, accumulating. Then sideways movement, shaking positions, main upward wave. Retail investor rhythm: buying in, sideways doubt, then sideways frustration, then a slight drop causes fear, and then they run away to break even.
So after the market completes a cycle, retail investor sentiment has gone through three seasons. Which is faster? Retail investor sentiment. Which is slower? Main player rhythm. Retail investors can't wait for the main players, but main players can wait for retail investors.
Why does the prince never drop the ball? Because the prince focuses on 'behavioral logic', not 'short-term fluctuations'. The prince observes blockchain data, capital, ETFs, options, and main player position structures daily, focusing on: who is accumulating, who is supplying, who is being washed, who is leveraging, and who is emotional.