PleaseCallMeDick

This market really isn't lacking in those who are trying to outsmart others. Watching Bitcoin's open interest drop to zero after liquidation, it seems some people believe it's now a safe period and have gone long again, with open interest rising about a third back...

I haven't seen a liquidation market in two years, and I'm a bit unaccustomed to it suddenly arriving. The futures market looks like it got liquidated completely. I've been exhausted from trading Spot in the past few months, feeling like I'm carrying a heavy load forward. It's because those trading futures are helping us enjoy it. As I said some time ago, only those in Spot can make it to the end. Leveraging is a dead end. I'm very optimistic about the market after the liquidation event is completely over!

The market has not ended; it's just very slow, so slow that many people are changing their judgments repeatedly in ten directions over the course of a week.

Today is Monday and the weekly chart has opened anew. The market has been in a significant range oscillation for the past two weeks, showing a very good liquidation trend. Observing that the futures market has liquidated about half of the volume, it can be considered to be in a relatively healthy state. Last week, it was mentioned that alts have already experienced significant Fluctuation, and there is no need to add leverage, as it can easily become a futile effort. It is anticipated that the chart pattern will frequently appear in the later stages of this bull run, and ultimately, only Spot

This week's market can be divided into two segments for interpretation. The first half of the week, before Thursday, was an adjustment based on last week's strong performance. Starting from Thursday, the market began to retest the pressure upwards. Although it was pushed back, major mainstream tokens are still in a strong position, which, over time, is beneficial for the market to continue pushing upwards. Additionally, the altcoin market itself is very volatile, so it's best to avoid contracts to prevent being repeatedly liquidated and ultimately end up with nothing.

I will write an analysis of next week's market later.

Everyone pays attention to the news, so let me talk about my understanding of the interest rate cut news.
Many people now believe that interest rate cuts mean good news has landed, which is considered bad news. Personally, I think there is no need for conspiracy theories; it is completely good news. When looking at the news, one must focus on the essence and core. Why does the market rise when interest rates are cut? Because interest rate cuts bring liquidity, providing funds to the market. If prices rise in advance and then the interest rate cut is viewed as bad news, does the money brought i

The visible technological form of the painting door, continue to hold.

The market strength is still good, and unless something unexpected happens, many coins can reach new highs this week.

It's Sunday, I'll write a market outlook later.

At the end of last month, it was mentioned that the open interest of the sol contract reached an all-time high, with a large market maker ready to take action. The market has already seen a significant rise, and the Holdings of sol have not decreased much, so it is estimated that it will remain strong.

A fren said my style has changed and I can't speak like before, so let me clarify. I haven't changed people, it's just that I've gotten older and have a family to take care of. Everyone is growing and changing, finding their own rhythm. It's important not to be disturbed by external factors. I am currently in a slow-paced Cryptocurrency Trading style, focusing more on grasping the overall direction correctly.