Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#数字货币市场回调 Today this Bearish line came down, and it seems unlikely that we will see a big market trend in December. To be honest, from now until the end of January next year, I really don't have high hopes—want to see another decent pump? The probability is pitifully low.



Recently, you may have noticed that regulators have started to focus on cryptocurrency-related financial services again. There's no way around it, as various cryptocurrency promotions and advertisements are flooding social media, and a batch of people have been tricked into losing money. It's no surprise that public opinion is not good. To be fair, strengthening regulation is not a bad thing. After all, most people really lack the ability to discern these financial scams; the more rampant the scammers are, the bigger the blame on cryptocurrencies becomes. Although the coin itself is just a tool, it has to bear this blame.

This also brings a chain reaction - new funds are even more hesitant to enter the market. Coupled with the clustering of holidays like Christmas, New Year's Day, and Spring Festival, both domestically and internationally are in vacation mode. Expecting retail investors to drive the market? That's wishful thinking.

However, to be fair, there's no need to be too pessimistic. The last wave of plunge has already cleared the market, and I judge that even if it continues to decline, the possibility of breaking the previous low is slim. It feels more like a slow and steady bottoming oscillation. If this trend continues, for the next month or two, I still suggest using a grid strategy to steadily earn returns, aiming for about 10%, and not being greedy.

By the way, this drop also has an external factor - the market is betting on whether Powell will announce his resignation tonight. The U.S. stock market has also dropped a bit before the market opens, but the extent is actually quite limited. Even if there is some bad news, it will only have a short-term impact. Moreover, the next Federal Reserve chairman is likely to be someone from Trump's side, so there won't be systemic risk in the long term. Therefore, there is no need to be too nervous about this adjustment.

$BTC During this time, I've mainly been shorting. Did you profit from this wave? Hit follow, and I'll continue to share later.
BTC-4.58%
ETH-6.5%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
DaoResearchervip
· 8h ago
According to the market liquidity model in the White Paper, this adjustment is actually a typical phenomenon of incentive incompatibility—retail investors are played for suckers, while institutions buy the dip, and the equilibrium of the game has multiple solutions. It is noteworthy that, based on on-chain data performance, the HODL ratio of whale wallets has risen within the 95% confidence interval, indicating that this is not a true systemic risk, but rather a psychological game.
View OriginalReply0
MercilessHalalvip
· 8h ago
In the grinding phase, the grid is making money; don't think about turning things around by the end of the year. Being pragmatic will help you last longer.
View OriginalReply0
WhaleMistakervip
· 8h ago
The 10% grid target is indeed stable and much more reliable than those who shout about doubling every day.
View OriginalReply0
AirdropHarvestervip
· 9h ago
Take it slow, the grid can provide some stable returns, don't think about getting rich overnight.
View OriginalReply0
WhaleMinionvip
· 9h ago
The grid strategy is real, but I'm afraid of unstable hearts. --- December is definitely not going to work, there are a lot of people playing suckers during the holiday rush. --- If the previous low can't be broken, I'll continue to buy the dip, anyway, it's just idle money. --- When regulation comes, it can actually clear the market; those who remain after this wave are the real players. --- Powell's matter is just pure hype; the US stock market hasn't really fallen much. --- Let’s just grind the bottom, anyway, I'm not in a hurry. --- Don't think about a big market; steadily earning 10% is better than anything. --- Those who shorted this wave indeed made money, but we need to be more cautious moving forward.
View OriginalReply0
Fren_Not_Foodvip
· 9h ago
Grid trading is indeed comfortable, but you really have to stick to the discipline during this period, don't get carried away with just one Favourable Information.
View OriginalReply0
ser_ngmivip
· 9h ago
Grid grinding is on, don't shake and dump.
View OriginalReply0
LightningPacketLossvip
· 9h ago
Just grind it, be content with a 10% profit from grid trading, greed is the real taboo.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)