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$ETHFI Good reset, scam coin

Waking up from a deep sleep, the pancake Ethereum has plummeted!
Everyone really needs to stop pressing the long button, both short longs and long shorts are dangerous⚠️
If this continues, the market is in danger, many people may not have a good year‼️
$BTC $ETH #韩国丢失遭扣押比特币

Now is a super bull market for precious metals, and market sentiment is FOMO. The priority is to price according to sentiment. The recent hot topic is the skyrocketing gold and silver prices, with silver already breaking through the hundred yuan mark, peaking at 103+. This rate of increase is terrifying, taking only 9 months to rise from 28 to 103. In this strong trend's main upward wave, those who dared to short have almost all been liquidated; it's too barbaric and unreasonable.

For this kind of asset, it's hard to set a target price because once you have a target price in mind, you can't help but compare. When it exceeds the target price by a lot, you might think about shorting. Having such thoughts is equivalent to digging a pit for yourself because the risk of shorting far exceeds imagination.

The gold price also rose to 4990 on Friday night, just a touch away from 5000. Institutions have generally raised their target price for the year to 5500. This is somewhat like hanging a carrot in front of a donkey: they raise it as it rises, from 2500 all the way to 5500. You can't say that institutions are just following the trend without opinions; such a major market trend should be guided by the situation, with the cooling of sentiment as an important turning point, rather than looking at fundamentals or calculating valuations, which would only cause you to miss the market early. Anything that can be calculated or estimated belongs to a bear market.
$BTC $ETH $BNB #美股七巨头财报 #Scroll联创X账户被盗 #韩国丢失遭扣押比特币 #以太坊巨鲸异动 Grayscale submitted a BNB ETF application.

Currently, many people in this market have a bias against altcoins, believing that no one buys altcoins and that altcoins are scams. Of course, I agree with the viewpoint that they are scams, but I do not agree with the viewpoint that no one buys them. It is impossible for this market to exist without altcoins.

Apart from various VC coins that initially had too high a market value and the project parties only needed to sell without needing to pump the price to make a profit, another important reason for this bull market without an altcoin season is that the altcoin season in 2021 was too crazy. As a result, the vast majority of retail investors this time have been heavily invested in altcoins, so the market makers will not do charity by pumping the price to give everyone money.

After experiencing this round of bull market, the consensus among most retail investors is that no one buys altcoins. Therefore, in the next bull market, it will be much easier for market makers to pump the price, as there will still be plenty of people ready to buy when the price goes up. In the cryptocurrency industry, all the supply chains, communities, media, institutions, exchanges, and project parties are 90% centered around the theme of altcoins. Regardless of whether you respect altcoins or have a bias against them, altcoins are a tangible existence. In the next bull market, I will still buy altcoins. After so many years in this market, my core logic is simple: to dare to be the counterparty of the vast majority of retail investors is the way to win.

$RIVER The frog was originally very good at trading!
The entire market is plummeting! But this idiot is secretly skyrocketing! The frog is completely confused. River, why are you going against the entire market, is it a counter-clockwise clock? Or is it the final dance?

The advantage of River has weakened significantly, and the exchange has also provided risk information, similar to several previous meme coins. It is expected that leverage will be changed soon, and after that, there may be a waterfall. Brothers in the short position should be cautious if they are force liquidated below 80, as the market maker will definitely take action to clean up the shorts before the waterfall $RIVER

$RIVER 64.4 has not run, dropped from over 10% to just over 2%, sigh, can it rise again

Take a look at Penguin $PENGUIN on the SOL chain and Penguin $恶俗企鹅 on the BSC chain, and compare the trends of both sides.
It is not easy for a meme to still show a market value of over 100 million on the SOL chain, while BSC's memes are all given once they go on Alpha.
SOL chain's meme rewards diamond hands, while BSC chain's meme rewards daily temporary workers. In fact, once you understand the mechanisms of these two chains, making money is not difficult.

Is the Bitcoin trend over? Can it rebound? Are there new opportunities for ZEC and WLFI, the struggling siblings? Let's take a look.

1. BTC's current situation is very grim; the daily MACD is nearly dead cross. With negative news piling up, it will remain weak until the end of the month, and will likely drop significantly before the upcoming interest rate meeting.

2. On the short-term view, BTC has some support around 89,500. This is a second test of the bottom, and you shouldn't panic yet as long as it doesn't break below this level. Shuqin yesterday advised buying at 90,000 and taking profit at 91,500. Today's price movement proved her prediction spot-on. So, what should we do next?

3. The current decline is a second test of the bottom. You may consider a small position for a rebound attempt. If it dips slightly below 89,000, just stop loss. The risk-reward ratio is still favorable, though the second rebound won't be as strong as the first. It's optional to trade it.

4. If it breaks below, the next support level will be around 86,000–87,000, where you can safely take a rebound trade. Meanwhile, our long-term short positions remain unchanged and will be held until the end of January as planned.

5. Yesterday, Shuqin advised taking profit at 400 for ZEC, as this is a support level. Now ZEC has rebounded to 450, and many followers have added positions. Overall, we perfectly closed the bottom at 400. Next time ZEC rebounds near 530, we can consider shorting again. Aggressive traders can watch 470 as a minor resistance, but 530 remains more reliable.

6. WLFI surged sharply this morning. Shuqin led a short trade live—shown in the chart. I shorted 100,000 U at 0.186. Originally, I planned to hold it long-term, and I haven't taken profit yet. However, given its rapid short-term decline and already earning 10,000, I decided to take profit on this drop. I'll reassess around mid-January to see if it rebounds, then short again.

In summary, whether it's major coins or small ones like BTC, ZEC, and WLFI, we have solid confidence. Selling at key resistance levels can lead to decisive wins—consistently and securely.

Oh no! Morgan has shorted silver and faced a margin call!? The Federal Reserve is urgently injecting liquidity, and new quantitative easing is about to start? Bitcoin is resurrecting! Yi Lihua has gone all in with his entire fortune, only to be targeted by insider whales! Is this the end? Even movies wouldn't dare to depict this..
Will BCH drop to 300? Let's discuss the current trading opportunities for several coins~

Is Ethereum acting up again? A drop of 100 points, will it drop further? And how should we operate with ZEC now? Let's take a look at this from Ben's perspective.
1. As shown in the chart, Bitcoin and Ethereum have now been confirmed as false breakouts with a sharp decline. The trend is very weak. In the past few days, the US stock market and gold have generally risen, but the cryptocurrency market is falling, which itself is a signal of decline. $BTC

2. However, everyone should not rush to short just yet; it has merely dropped back into the consolidation range, finding support in the 2930-2940 area and starting a small rebound. So how should we operate?
3. I personally operate quite conservatively; although I am overall bearish, I will not recklessly short unless this 2930 support is clearly broken. Especially since there are often false breakouts. $ETH

4. Therefore, since it has returned to the oscillation range, I will wait for it to rebound to the upper edge of the oscillation range before shorting. Particularly around 3000 and 3060, entering in batches will be more comfortable. Meanwhile, our long-term short position at 3400 can still be held; ETH is expected to drop to 2000 or even 1500 in mid to late next year, and we can talk about bottom fishing then.

5. As for ZEC, it encountered resistance in the 450-470 range and dropped again. The current support is around 410, and in the short term, we can choose to take profits here, then consider re-shorting when it rebounds to around 430 and 450. $ZEC

6. I must say, this ZEC is really a big sucker! The day before yesterday we shorted at 450 and took profits at 430. Shu Qin instructed everyone to short again when it rebounded, and now it has dropped again. As long as you short at the resistance level mentioned by Shu Qin, it will definitely be profitable. We only short ZEC and do not go long; when it rebounds to the resistance level, we short. After playing for 2 months, I still don’t know how many times ZEC has given us profit from shorting. He's still pretty good! 😂