The significance of the phrase "buy more as it drops before the end of September" will become apparent in October. Here are some suggestions regarding detailed operations: 1. No rotation, only chase the leaders: The definition of leaders here is not determined by fundamentals or market capitalization, but by capital. If you ask me what the main theme of this round of market is, my answer is "running alongside and fishing in troubled waters." Currently, the market's capital does not support large-scale rallies of stocks within the same sector, so there will not be a situation where funds circulate within the same sector due to price deviations from fundamentals. Therefore, buying strong stocks instead of weak ones has become a rule. The explosive rise of aster did not ignite gmx, snx, or dydx. Similarly, the recent surge of zec has not revitalized the entire privacy sector's tokens. I can see zec reaching 300+, but I don't have the courage to hold zen or dash at the bottom with a 5x+ expectation; the strong will remain strong. 2. Increase positions on breakthroughs, widen stop losses: The current market has completed several stages of evolution, from a violent drop (starting in August, with a bear market atmosphere inflating funding rates) → false breakthroughs to deceive liquidity (concentrated in September, tricking those who are overly optimistic about myx and m bio into false breakthroughs to deceive liquidity in high consensus areas) → true breakthroughs that explosively break through resistance levels (starting in October). After the conditioning in September, the market has formed muscle memory; when facing resistance levels, one should run and not chase more. The entire chain is coherent, similar to what started in September 2023, from violent drops → deceiving liquidity → true breakthroughs where people are afraid to jump in. This is a complete set of methods to numb market perception and muscle memory. 3. Timely switch vehicles, chase hotspots: Whether it's project parties, institutions, or retail investors, there is a strong consensus—this round's cycle is the last wave of a bull market. Therefore, rushing to exit has become the main theme, which requires timely switching of vehicles. In a market with insufficient liquidity, value investing is ineffective; to sell chips, one can only attract following orders with large bullish candles. Most stocks will complete their main stage of gains within a week. When seeing stocks with three consecutive days of large bullish candles, the first thought should not be to write a small essay about this narrative or how great the project is, but rather to reduce positions and look for the next potential undervalued area that is favored by capital. So, let's start making money.
Before the end of the month, buy altcoins more as they drop. It doesn't matter what others say about the favorable news leading to a big drop; the time window threshold is approaching. It's simple to understand: the market always extends in despair. The signal for the bottom of the myx short-term 300x market is that the premise for playing such a volatile coin is that most people do not believe in the market. When they see a surge, they keep shorting, which allows the whales to manipulate contracts and data. The extremely negative funding rates lower the trading costs while trapping the short sellers. This is similar to August-September 2023, where the first two months saw a crazy transition between bulls and bears led by TRB in the BSC ecosystem. The bull market started in October, with the ordinals and Solana ecosystems taking the lead as the main characters in the market. There have been quite a few short squeezes in the last two months, right? Myx 300x, bio 5x, m 5x, nmr ath... These targets were all mentioned in the early channels. However, the short squeeze drama is gradually coming to an end, and the short sellers are slowly shifting from shorting to holding cash. The next few months will see a resonance between the spot and futures markets. Our strategy is transitioning from short-term to medium-term, from speculation to value. Prioritize large coins with good liquidity. In the next few days, we will release a medium-term observation list. The cost-effectiveness of Bitcoin and Ethereum is decreasing, and we can see many people on-chain switching their Ethereum profits after understanding the situation. Funds are rotating, believing in cryptocurrency and believing in cycles.
Show original
19.05K
11
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.