[High interest is like poison; the principal is completely lost]
To be honest, the current market situation is increasingly making people feel uncertain.
But remember one thing: preserving the principal is the key to the future!
There are too many centralized exchanges and projects running away now, a bloody lesson!
So, I have a few suggestions for you:
1. For those with a large amount of funds, get a cold wallet! Don't put all your eggs in one basket, safety first!
2. Holding coins is the way to go! No matter how the market changes, the cycle is always there. Be patient, and there will always be opportunities for a turnaround!
3. High-yield projects, stay as far away as possible! Remember, there are no free lunches; what falls from the sky are all traps!
4. Liquidity mining, don't touch! It looks profitable, but the actual risk is greater, and you can easily get stuck!
5. Image NFTs, don’t speculate! Poor liquidity, no one to take over, it’s just passing the buck, and in the end, you’re left holding the bag!
The meaning of a bear market is to eliminate garbage projects, making you understand that your money is not your money; the project team can run away with the funds at any time!
So, don't be greedy, don't take risks, preserve your capital, and you will be able to wait for the arrival of the bull market!
🔥 Current Market Guide (2025 Passive Income Version )
BTC: The big pie continues to decline, temporarily supported at the daily M120 level. It slightly dropped after the opening of the US stock market in the evening and started to rise at 2 AM. Unless something unexpected happens, 108800 is likely to be the bottom this time.
GT: The performance is still relatively strong, with a smaller decline than Ethereum and Bitcoin. The strength in the platform token sector indicates that the market is nearing its end, and we are in the last three months of this festive period!
ETH: It's fallen a lot and rebounded a lot as well, the market is too volatile, it's like a leveraged altcoin leader. I have already taken some profits in batches, if it reaches 5500, I'll cash out completely, you all can do as you wish!
Important news from yesterday:
1. The cryptocurrency market pullback triggered $900 million in leveraged liquidations, posing further downside risks to the market.
2. The former head of e-commerce at Kuaishou, Feng Dian, was convicted of corruption involving 140 million and sentenced for money laundering through Bitcoin, and has surrendered over 90 BTC.
3. A whale bought $2.55 billion worth of ETH from Hyperunit yesterday and staked it all.
Let's talk about today's daily BTC technical analysis. From the K-line perspective, the 1-hour level is expected to consolidate or decline, the 4-hour level is expected to rise, the 12-hour level has stopped falling, and the daily level is declining. The intraday resistance is at 114500, and the support level is at 108500 dollars.
Disclaimer: Personal operation diary, not investment advice! This article comes with a 50% counter-indicator Buff, don't blame me if the market slaps you in the face
#ETH #BTC