From yesterday to today, a certain asset has ranked third on the global gainers list, reaching the top position on the global gainers chart by last night. This asset is DASH. Congratulations to the members who followed along, because DASH was suggested for layout on January 4th, which was also the Monday of this week. The suggested average price was around 38. Yesterday’s rally had a guaranteed minimum profit margin of over 50-60%, representing a pure percentage increase. I have actually been holding DASH for a long time, and the reasons for the layout were quite solid. Especially over the past month, I have been paying close attention and waiting for an entry opportunity, which has been a clear waiting process. When we saw a rally at the daily level in the past, it was supported by ZEC’s popularity, including ZEN’s good performance at that time. Additionally, DASH, at the daily level, has only been activated a few times over the years according to annual statistics. Given that it has not been activated for so many years, we can better anticipate its potential at the daily level. The first wave saw a double from around 80 to 150, and we made a layout before that. During subsequent rebounds, we also made several layouts, which performed reasonably well. However, at the daily level, there has always been a lack of a truly new structured rally, especially one based on previous highs as targets. From around late November until recently, over 40 days, we have been closely watching DASH but did not enter until this recent rally. After entering, the profit potential was between 50% and 70%. Now DASH has risen to the top of the global gainers list, and I believe many friends have finally gained confidence in this rally. The overall trend is not driven by individual will; it’s more complex than that. If you think it’s happening just because you see it, or it’s not happening because you don’t see it, that’s not the case. But one thing is certain: if this market experiences a prolonged consolidation and you know a reversal is coming, and you cannot accept the consequences of not getting on board, then that’s a very important signal. The entire altcoin market, with DASH’s breakout and the first wave of PEPE, can be seen as providing a bullish signal for the entire altcoin market. It doesn’t mean all altcoins have started a new rally, but the positive feedback from the first wave of PEPE and the second wave of DASH is significant. Many altcoins are currently at low prices. It’s clear that many altcoins, including assets like BCH, are in a weak state at high levels. The previous strong daily-level rallies or sustained strength in exchange rates have now only resulted in some oscillations at the daily level, without a strong rebound. From these perspectives, many altcoins, including some that recently started and then faded, such as MINA, which has a very low market cap, still present many opportunities. Even ZEN has not risen much this time. I want to tell everyone that the key point in the rise of the altcoin market is not about missing certain rallies or whether this rally is a trap or a bullish signal. The key is whether you believe this rally will have a daily-level rebound, and whether you can accept that if you don’t participate in this daily rebound, you will feel pain and regret, possibly leading to FOMO emotions. When the daily-level altcoin rebound arrives, and you want to layout and take action, focusing on some well-performing assets, those are the most important considerations. So, there are still many opportunities in the market, and it’s a question everyone needs to think about: how to layout in the coming period.



Looking at today’s top gainers, the first asset is Binance Coin (BNB). Based on my personal experience, BNB is currently highly overvalued in market cap, and its hourly trading volume, especially for futures and retail traders, makes it quite difficult to achieve real profits. I personally do not recommend it strongly. The second is DASH and IP, which are currently high in the market. Then there are familiar names like ORDI, ICP, and WOO, which I have mentioned many times before. These assets have performed well on the gainers list, representing different sectors and concepts. There are still many opportunities in the altcoin market, so everyone should remain patient and continue to pay attention to other potential opportunities.
DASH1.02%
ZEC0.27%
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MasterChuTheOldDemonMasterChu
· 03-09 11:36
Wishing you great wealth in the Year of the Horse 🐴
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