Recently, the quantitative strategies have finally stabilized, allowing me to focus on thinking about upcoming trading opportunities.
From the current market situation, both Bitcoin and Ethereum are performing normally, showing typical upward breakthroughs. However, altcoins are a bit strange. Take PEPE as an example, its current price level is now the same as Ethereum was when it was over 4000. At the 3xx and 4xx price levels, no one is paying attention to it, so there's no need to chase higher now; instead, it’s better to look for opportunities to reduce positions.
The key is to understand the underlying logic of buying altcoins. Old coins have straightforward gameplay—when the market recovers, they rise, and those that were oversold earlier tend to surge even more. But these new altcoins are different; no one can predict the character of the whales. The most feared are those coins that move counter to the trend; when the market declines, they surge. In such cases, the risk of a "head chopping" is extremely high. It’s safer to stick with those "well-understood" assets.
On the technical side, if Bitcoin pulls back, watch the 904-899 range. With support from the trendline, it could reach around 95x, provided no new negative news appears on Monday.
The essence of the market is like this—deep dips inevitably rebound, and when prices rise without enough buy volume, they will fall again. There is no market that only falls without rising, nor one that only rises without falling. Missing out on some opportunities is not a big deal; don’t torment yourself.
Finally, a piece of advice: never try to buy back coins you sold in a panic, as this can save you a lot of losses. For those who were previously trapped and have now been freed, remember to reduce your positions in time and set stop-loss levels. Don’t wait to make more profit and then do nothing—once the price retraces, it will be uncomfortable again. For those with less favorable cost bases, just keep a small core position.
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HashBard
· 01-07 12:49
the pepe thesis is honestly getting shakespearean tragedy vibes at this point... everyone chasing the narrative till the plot twist hits different, no cap
Reply0
PensionDestroyer
· 01-04 13:51
To be honest, PEPE is just a pump-and-dump machine for the whales. If you chase now, you'll just have to take the loss.
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A guillotine only needs to be used once; I don't want to go through that again.
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Missing out is okay; better than getting chopped up. Keep a level head.
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Knowing the fundamentals of a coin is definitely safer. New coins are too risky and unpredictable.
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Cut your losses and run; don't be greedy. I've learned this lesson long ago.
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If Bitcoin really returns to the 95x level, I will buy the dip. But it depends on the market mood on Monday.
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Chasing after coins that have already flown is just self-torture. I've fallen into that trap before.
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Copycat projects are basically gambling. It's okay when the market is rising, but those strange movements are concerning.
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Stop-loss levels are easy to talk about, but when it comes to critical moments, it's hard to let go. It hurts.
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The recent movement of PEPE is indeed a bit crazy. It's time to consider taking profits.
View OriginalReply0
MEVVictimAlliance
· 01-04 13:51
You really have to be ruthless with your stop-loss levels, or you'll turn red again with just a quick pullback.
View OriginalReply0
quiet_lurker
· 01-04 13:47
pepe this wave is indeed a bit risky, those chasing the high should be careful
View OriginalReply0
NonFungibleDegen
· 01-04 13:45
ngl the pepe take hits different... been there, seen that movie before fr fr. paper hands saved me last time lol
Recently, the quantitative strategies have finally stabilized, allowing me to focus on thinking about upcoming trading opportunities.
From the current market situation, both Bitcoin and Ethereum are performing normally, showing typical upward breakthroughs. However, altcoins are a bit strange. Take PEPE as an example, its current price level is now the same as Ethereum was when it was over 4000. At the 3xx and 4xx price levels, no one is paying attention to it, so there's no need to chase higher now; instead, it’s better to look for opportunities to reduce positions.
The key is to understand the underlying logic of buying altcoins. Old coins have straightforward gameplay—when the market recovers, they rise, and those that were oversold earlier tend to surge even more. But these new altcoins are different; no one can predict the character of the whales. The most feared are those coins that move counter to the trend; when the market declines, they surge. In such cases, the risk of a "head chopping" is extremely high. It’s safer to stick with those "well-understood" assets.
On the technical side, if Bitcoin pulls back, watch the 904-899 range. With support from the trendline, it could reach around 95x, provided no new negative news appears on Monday.
The essence of the market is like this—deep dips inevitably rebound, and when prices rise without enough buy volume, they will fall again. There is no market that only falls without rising, nor one that only rises without falling. Missing out on some opportunities is not a big deal; don’t torment yourself.
Finally, a piece of advice: never try to buy back coins you sold in a panic, as this can save you a lot of losses. For those who were previously trapped and have now been freed, remember to reduce your positions in time and set stop-loss levels. Don’t wait to make more profit and then do nothing—once the price retraces, it will be uncomfortable again. For those with less favorable cost bases, just keep a small core position.